Replay - Pricing, Profits, and Payment Plans

Uncategorized Oct 05, 2021

Have you ever put yourself in your client’s shoes? Your client’s personal experience may be something you’re not used to or even aware of. Recent surveys show a miscommunication between what clients want and what lawyers think their clients want. How can we bridge that gap with payment plans? 

 

In this episode, Richard Formoe joins Moshe Amsel to talk about changing our model into flat-fee pricing. He also discusses how multiple payment plans can give power and transparency to clients. Making life easier for our clients should not harm our business. In fact, by making things convenient and affordable, we can drive up revenue and even save precious time! 

 

If you want to know more about improving your pricing and payment plans, then this episode is for you.




Resources mentioned:

 

This episode is sponsored by Smith.ai. Curious how you can use a receptionist service at your law firm? Download the Smith.ai free eBookAre you Lawyering or Laboring? 7 Steps for Running a Highly Productive Law Firm with Virtual Receptionists.



This episode is sponsored by Get Staffed Up. Learn more at www.profitwithlaw.com/getstaffedup

 

Episode 39 - Business Advice From A Law Firm Owner With an MBA with Devin Miller

Episode 106 - Legal Products Instead of Services with Bobby Klinck

Episode 132 - He's Back! Team Building, Marketing, and More with Devin Miller

Episode 147 - Unpacking the 2020 Clio Trends Report

Episode 150 - To Achieve Success - Spend a Day in Your Client's Shoes with Jim Armstrong

Episode 160 - Let Your Clients Do Your Drafting, How's That for an Idea

Connect with Richard: LinkedIn | Email

QuickFee

LawFund AR

2020 Legal Trends Report from Clio. If you’re looking for highlights instead, access the summary here.  

Miller IP Law

LegalZoom



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To request a show topic, recommend a guest or ask a question for the show, please send an email to [email protected].

 

Connect with Moshe on:

Facebook - https://www.facebook.com/moshe.amsel

LinkedIn - https://www.linkedin.com/in/mosheamsel/

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