Clients Might Not Always Understand The Benefit Of Fee Discounts
Part of the problem is that clients often do not understand what the fair market value of the work being performed is.
Part of the problem is that clients often do not understand what the fair market value of the work being performed is.
Only give discounts to clients who are willing to make concessions and do their part.
Legal teams ask a practical question. If large language models are so capable, why does legal AI still depend on curated content, and why does surfacing that content matter so much?
If solo practitioners want to stay in business, they must be able to separate the moochers from the genuinely needy.
When the potential client asks this question first, before discussing anything else, you can assume a few things.
What lawyers can learn about fee negotiation from the new HBO drama.
Columnist Gaston Kroub shares a handy rule of thumb for evaluating whether your marketing efforts are promising and likely to result in new work for your firm.
Drawing on more than a decade of data, the report equips law firms and corporate legal teams with actionable insights to better assess risk, refine strategy, and anticipate outcomes in today’s evolving workplace disputes.
Conventional wisdom counsels against discounting, but what is the case in favor -- and how can you possibly avoid the issue altogether?