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Pricing for the Modern Law Firms: How to Leverage Your LegalTech to Get Paid with Joyce Brafford

Author
Jared Correia, Joyce Brafford
Published
Mon 29 Apr 2024
Episode Link
https://atlnonevent.libsyn.com/pricing-for-the-modern-law-firms-how-to-leverage-your-legaltech-to-get-paid-with-joyce-brafford

For the fourth episode of our special series with ProfitSolv, we discuss how to set rates for law firms + how to leverage legaltech to create a streamlined billing program with ProfitSolv’s Joyce Brafford.

[SPONSORED by RocketMatter]

Episode Highlights 07:56 - Discussing law firm fee setting and market research. 12:44 - Strategies for resetting fees in existing law firms. 15:11 - Importance of law practice management systems. 18:34 -  Subscription services and alternative billing models. 22:03 - Automating billing and payment collection. 24:55 - Managing accounts receivable and billing in advance. 27:01 - Dealing with LEDES billing and granular billing for insurance companies. 28:38 - Client perception on legal fees and building trust versus pricing.

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