Redefining Legal Pricing - Moving Beyond the Billable Hour

Event Description

Practice Management Bootcamp:  Modernize your Practice, Improve Client Relations, and Enhance Profitability

Join us for an engaging and informative bootcamp designed to help you understand and implement Alternative Fee Arrangements (AFAs) in your practice. This comprehensive session will cover the essential aspects of transitioning from traditional billable hours to more client-friendly and efficient pricing models. Topics to be covered include:

The Modern Law Firm
Qualities of Modern Firms: Identify the key characteristics of forward-thinking law firms that operate as legal businesses, focusing on value delivery rather than time billing.

Discussing the Why
Business Case: Understand the financial and strategic advantages of adopting AFAs, including client satisfaction and firm profitability.
Access to Justice: Explore how AFAs can make legal services more affordable and accessible to a broader range of clients.

Overview of Different Models
Basics of Alternative Fee Models: Gain insights into various AFA models, including flat fees, subscription-based services, and other innovative pricing strategies.

How to Implement Alternative Fee Arrangements
How to Get Started with AFAs: Step-by-step guidance on transitioning to AFAs, including practical tips and actionable strategies.
Pricing: Learn how to set and adjust prices under different AFA models.
Optimized Workflow for Non-Hourly Pricing: Discover best practices for optimizing workflow without relying on billable hours, with a spotlight on AltFee software or similar tools.

Ideal for attorneys seeking to enhance their firm's financial performance and client satisfaction, this program offers practical tools and actionable strategies for modernizing legal pricing.

 

Presenters:

Stephanie Everett, CEO, Lawyerist 
Stephanie leads the Lawyerist team; serves as their lead strategy and business coach for the Lawyerist Lab program; and regularly speaks at CLEs and legal conferences. During her career as a lawyer, Stephanie was recognized as a Rising Star and a Super Lawyer and named as a distinguished lawyer by Georgia Trends magazine. She is a co-author of Lawyerist’s popular book The Small Firm Roadmap Revisited, and host of The Lawyerist Podcast.

Scott Leigh, Co-Founder & CEO, AltFee, Inc.
Scott is a lawyer by trade and an entrepreneur at heart, founding several businesses throughout the years while practicing law at the same time. After being involved in the legal industry for over 10 years, Scott turned his full efforts to AltFee. AltFee was the 2024 ABA TECHSHOW StartUp Alley Competition Winner.

CLE Credits:

2.0 Standard CLE Credits | Event Code: TBD

Cost:

MSBA Members: $30
Non-Members: $90
Law Student: Free


Deadline to register: November 11, 2024

Remote Participation: This program is a webinar only. Remote instructions will be emailed to you the day prior to the event.

Payments:  Please register online or over the phone by credit card whenever possible. If you must pay by check, please use this registration form. If you need assistance, please contact the program manager.

Cancellations: Need to cancel? Please see our cancellation policy.

Accommodations:We are committed to creating an inclusive environment in which all members can participate fully. If you need reasonable accommodations to participate in this event, please notify the program manager with at least 72 hours notice prior to the meeting to allow sufficient time to make arrangements for accommodations. Thank you.

Program Manager:
Jennifer Carter
jcarter@mnbars.org

Register for this Event

Register

DATE
Wednesday, November 13, 2024
TIME

10:00 AM to 12:00 PM

VENUE
Live Webinar - Zoom