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Podcast: Lawyer Business Advantage
Episode: Flat-Fee Billing with Michelle Bomberger
Description:
In this episode, Alay and Michelle discuss:Â
The benefits of using a flat fee vs. the billable hour.
Tracking your time to understand your costs and capacity.Â
Utilizing AI and other technologies to better serve your clients.
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Key Takeaways:Â
Not knowing if the law fee is going to be $1,000 or $10,000 is what often keeps people from calling a lawyer.Â
The fear of cost seems to override the client’s ability to take advantage of legal resources.
Large companies have multiple general counsels. It’s not for firefighting, it’s for planning. Small businesses...