Ark Group’s 4th Annual Law Firm Innovation Summit (Virtual only)
Wednesday, November 10, 2021: 1:30PM – 2:15PM Eastern Standard Time
Panel: “Legal Subscription Services”
One size does not fit all. If we recognize and acknowledge that each of our clients is unique, how might a law firm go about designing legal strategies tailored to take this into account? It’s no secret that hourly attorney fees can drive costs through the roof for any business. Some law firms are embracing a workaround of sorts for clients who need legal services but can’t commit to hefty rates and often unknown number of attorney hours needed to handle a given project. Enter subscription-based pricing. Legal subscription services can take the uncertainty out of a legal budget, enabling clients to expand and contract services to meet the demands of their business. It’s an innovative idea, but how does it work? In this discussion, attendees will learn:
- the benefits of a subscription model for both lawyers and clients
- how lawyers can determine if/whether a subscription services model works for their firm
- why enhancing the legal client experience should be the focus of legal innovation going forward
Speaker: Julie Herzog, Partner, Fortis Law Partners
