Law Firm Subscription Plans Come in all Shapes & Sizes

www.abajournal.com

I found this article quite interesting in that lawyers & accountants both approach pricing in the same way via the billable hour (read here to see how I ran a firm without it). So when I see innovative ways to price services, I like to share it.

This article shows that some law firms are charging as low as $25/month for unlimited legal access, essentially taking the insurance-based utilization approach, ie. not everyone will use the service, in the case of one firm, only 25% do.

There are some good lessons & ideas in here for those wanting to adopt a subscription model.

Read more...
Linkedin

Want to receive more content like this in your inbox?