Beyond the Billable Hour: A Guide to Flexible Billing Options for Law Firms
Many of today’s legal clients don’t want flexible payment options.
They need them.
This is because more than one in five Americans have no savings for emergencies, let alone unexpected legal fees. Those who do have some savings don’t believe they have enough. Meanwhile, 59% of corporate law departments are facing flat or decreasing budgets, leaving them less to spend on outside counsel.
For many clients, flexible billing options can make or break the decision to work with a particular law firm. So, while the billable hour is still useful in some contexts, adhering strictly to this traditional model may put your practice at a competitive disadvantage in years to come.
To help you keep pace with clients’ evolving billing expectations, let’s examine what every law firm should know about flexible billing options—including a key piece of advice for processing these non traditional payments.
Download our free resource and learn Beyond the Billable Hour: A Guide to Flexible Billing Options for Law Firms.
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