Fixed and Value Pricing! Something we all know we need to understand but the challenge for most lawyers is knowing where to start!
A few years ago my firm, Brisbane Family Law Centre, made the shift from time sheets to fixed fees. I now operate solely on Fixed and Value Pricing. That’s right- no more time sheets!
These packs are designed to give you access to all we have created to help you implement fixed pricing in your firm.
We update our precedents every year as things are always changing, evolving and being re-created here at BFLC. We have discovered over the past 6 years of pricing this way that we are always learning from our clients. This means, if you purchase a pack today you will receive any future ‘updated’ packs along the way. (Talk about getting fixed fee fries with that!!)
You can watch my video below to learn more about the pack and to see how it can be used.
WOULD YOU LIKE SOME FIXED FEE FRIES WITH THAT?
Preferred pricing on our documents pack, workshops and coaching in the ‘fixed pricing fries’ I mean bundles below!
Document Pack Only
For Fixed Fee and Value Pricing The BFLC Way-
The 'have it all' documents pack
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Initial Letter, Costs Agreement, Fixed Fee Examples and Example Tax Invoice
The Get Started Now
For Fixed Fee and Value Pricing The BFLC Way-
One place in the "Fixed and Value Pricing" online program.
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The 'have it all' documents pack
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Initial Letter, Costs Agreement, Fixes Fee Examples and Example Tax Invoice
The Have it All & All & All
For Fixed Fee and Value Pricing The BFLC Way-
Personalised coaching session with Clarissa Rayward
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Two places in the "Fixed and Value Pricing" online program.
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The 'have it all' documents pack
-
Initial Letter, Costs Agreement, Fixes Fee Examples and Example Tax Invoice
WHY FIXED AND VALUE PRICING COULD BE RIGHT FOR YOUR FIRM
Around 6 years ago now I made the decision that it was time to do away with time based billing systems in my law firm. Fast forward 6 years and we have made the shift, but not without many learnings along the way.
The professions of Law and Accounting are amongst the slowest of the professions to change. Despite much talk of innovation and disruption only a handful of firms have made the shift to billing structures that are anything other than the traditional ‘time for money’ model.
In order for legal and accounting practices to stay ahead of these changing times, I am firmly of the view that we need to move away from the outdated ‘time based billing’ models that our professions have survived on for many generations. Time based billing structures sadly reward inefficiencies- the slower a piece of work is done the higher a firm may be able to charge. If we step outside of Law and Accounting and consider the many industries of business, very few connect their ‘price’ to the time it takes to get something done.
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