(192.5) Subscription Billing Mechanics and Ethics for Law Firms

Sign up for Practi, a new platform that helps law firms use subscription billing.

Here are the top 5 takeaways from this episode:

* Subscription billing aligns attorney and client incentives by rewarding ongoing value and proactive problem avoidance instead of penalizing efficiency the way the billable hour does.

* Recurring fixed fees give law firms predictable revenue and smoother cash flow while giving clients pricing certainty and removing the fear of contacting their lawyer.

* True subscription billing requires explicitly bounded scope with recurring fixed fees that expire and refresh each cycle, not presold hours or payment plans tracked against time.

* Transparent pricing on your website not only builds client trust but also helps AI tools surface your firm when potential clients ask for lawyer recommendations.

* California rules of professional conduct require proper written disclosures, and for fees over $1,000, a signed agreement from the client.

__________________________

Want your question to be answered on a future show? Fill out this short survey.

Have subscription model question? Check out this free resource to ask all of your questions at notebook.practi.ai.

Check out Practi.

Sign up for Paxton, my all-in-one AI legal assistant, helping me with legal research, analysis, drafting, and enhancing existing legal work product.