LawLytics

Law Firm Pricing

lawyer flat fee

Ethical Considerations for Flat Fee Billing

Mark C. Palmer | Q: “I’d like to expand my law firm’s flat-fee offerings into new practice areas, but I want to make sure it's a sound financial move and an ethically permissible one.”

Mark C. Palmer - October 11, 2022
lawyer billing

Flat Fee or Hourly? Pros and Cons of Lawyer Billing Options

I’ve been practicing law for nearly seven years, both as a solo and with a firm. During this time, I’ve tried different billing arrangements with varying degrees of success and learned plenty of lessons (often about what not to do). Here is my ...

Ruth Carter - October 8, 2022
referral fees

Is It OK to Pay Referral Fees?

In most practice areas, a lawyer’s marketing efforts should focus on generating a strong referral pipeline—from both non-lawyers and lawyers alike. If those efforts are successful, you'll probably need some guidance on referral fees. Here it is.

Roy S. Ginsburg - September 20, 2022
lawyer billing rates

Acing Client Communications: How to Explain an Increase in Your Rates

While clients may not be overjoyed to learn their rates are increasing, they are used to receiving such news. So why not make this an opportunity to communicate clearly, accurately and confidently about where their money is going?

Susan Kostal - August 29, 2022
settlement funds

Handling Settlement Funds: A Best-Practices Checklist

Best practices for handling settlement funds starts with a properly written and executed contingent fee agreement. This document should clearly communicate to the client how funds from a settlement check will be disbursed. In the case when a ...

Peggy Gruenke - August 25, 2022
legal fees

Don’t Be Afraid to Raise Your Legal Fees

Roy Ginsburg | This is no time to be shy. Clients are never as price-sensitive as you think.

Roy S. Ginsburg - August 7, 2022
lawyer billable rate

How to Increase Your Billable Rate

Advice on setting your annual billable rate increase — and how to tell your clients.

David Ackert - June 19, 2022
legal fees

Legal Pricing: Good Lawyers Talk Money With Their Clients

If you were to believe everything being written about legal services today, you might think lawyer-client relationships have boiled down to one thing: pricing. Yet in my conversations with clients, fees rarely are the first thing mentioned or ...

Sally J. Schmidt - May 24, 2022
attorney compensation

Attorney Compensation: Taking Your Firm From Good to Great

Camille Stell | A modern compensation plan gives you an advantage over other firms that cling to outdated systems.

Camille Stell - April 29, 2022
pricing legal services

An Alternative to Charging Rush Rates

Bruce Hennes | Why we instituted a premium for helping clients outside normal work hours.

Bruce Hennes - April 12, 2022
envelope

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