Crafting Fair and Accurate Legal Fee Estimates for Alternative Fee Arrangements

webinar Crafting Fair and Accurate Legal Fee Estimates for Alternative Fee Arrangements

You Will Learn:

• Steps that improve the creation and management of legal fee estimates
• Strategic legal fee pricing approaches
• Data collection methods
• Review of subscription based legal services model
• Best practices for managing expectations and renegotiation options

Watch the pre-recorded web conference
$269.00
 

Innacruate legal fee estimates create unhappy clients. And, unhappy clients will seek new legal representation.

Setting service level expectations, and accurately assessing needed resource commitments are crucial for perfecting alternative fee arrangements and creating fair, and accurate fee estimates.

In fact, a weak approach to alternative fee estimates can result in unmet client expectations, and lower profitability.

Can your law firm calculate the costs of legal services in advance with a fairly accurate estimate of what the charges will be?

Learning Objectives

This critical webinar explores how to take a strategic approach to alternative fee agreements, and create fee estimates that keep clients happy and protect your firm’s bottom line.

  • Steps that improve the creation and management of legal fee estimates
  • Strategic legal fee pricing approaches
  • Data collection methods
  • Review of subscription based legal services model
  • Best practices for managing expectations and renegotiation options
  • Strategies for managing scope creep
  • Setting service level or outcome expectations
  • How to build a case to support an optimal fee agreement
  • Creating a process for up-charging
  • Dealing with claw back provisions

Product ID: 16728

Bonus Material

Plus, you get the NEW and EXCLUSIVE on-demand webinar – Legal Fee Update 2017: Value-Add Alternative Fees that Increase Law Firm Profitability – a $365 value – absolutely FREE!

This information-packed on-demand webinar explores the latest trends and best practices with respect to alternative fee arrangements, and provides best practice strategies to structure and implement AFAs that work for you and your clients.

• Which types of alternative fees firms are using

• How to determine which AFAs might be most successful for your firm

• How to craft agreements that clearly define expectations for you and your client

• Why AFAs may not be suitable for every legal matter

• Successful experiences in the management of fee predictability and transparency

Discover How to Create Fee Estimates that Keep Clients Happy & Protect Your Firm’s Bottom Line

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Faculty

Brian Kennel
Brian Kennel
PerformLaw

Brian Kennel is an experienced management consultant with more than 20 years of experience in law firm and professional firm management and consulting. As owner of PerformLaw, he works with law firms and their leadership teams in a number of different areas. As a former legal administrator for a large commercial law firm, Brian understands the opportunities and challenges that exist in law firms. His experience also includes building and selling a law firm management services company to a Fortune 500 Company.

Kathryn Sintz
Kathryn Sintz
Marketing Consultant, PerformLaw

Kathryn Sintz has worked in the legal industry, both in-house and as a consultant, for over 15 years. She has a thorough understanding of the issues and challenges facing law firms today. Specializing in all aspects of legal marketing and business development, Kathryn helps clients to achieve their revenue and business goals by utilizing the best practices and latest technologies in digital marketing.

Discover How to Create Fee Estimates that Keep Clients Happy & Protect Your Firm’s Bottom Line

Get it on demand now

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