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What if the very thing that's draining you could become the key to your power?In this second episode of our Built to Lead Series, host Bridgit Norris is joined by Emily Logan Stedman, partner at Husch Blackwell and a commercial litigator who's reshaped what it means to thrive in big law. Emily takes us deep into the billable hour, not to condemn it, but to completely reframe it—as a tool for control, clarity, and even creativity. You'll learn how she's reclaimed her time, set boundaries without guilt, and used systems and mindset to scale her career without scaling her burnout. Whether you're running a solo practice or rising through the ranks, this conversation will challenge everything you thought you knew about productivity, client demands, and what it means to lead well in law.Because if you don't take ownership of your time, something else will.Tired of Facebook Ads that get clicks but no clients?Join Sam Mollaei, Esq. for a free live training built specifically for law firm owners who want real ROI, not vanity metrics.Facebook Ads 2025 breaks down the exact system Sam used to generate over 25,000 legal leads a month—without agencies, guesswork, or wasted ad spend.
In Episode 5, host Jordan L. Fischer, Esq. interviews Professor of Law, Nancy B. Rapoport, and Joseph Tiano, CEO of Legal Decoder, on the long term impact of Artificial Intelligence, and specifically Generative AI, on the billable hourly model. Nancy and Joe share their perspectives having interviewed numerous law firms for their recent publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, 20 Wash. J. L. Tech. & Arts 41 (2025). Specifically, they discuss the specific ways in which they are seeing Gen AI change day-to-day legal operations, and how those impacts will result in changes to client billing expectations. Nancy and Joe provide insight into alternative billing models, and a new hybrid approach that law firms need to embrace in order to adapt to the changing times. For more information on Professor Rapoport, visit: https://www.linkedin.com/in/nancyrapoport/; for more information on Joesph Tiano, visit: https://www.linkedin.com/in/joseph-tiano-1767372/. To contact our host, Jordan L. Fischer, Esq., regarding this podcast or to inquire into becoming a guest, please contact Ms. Fischer at jordan@jordanfischer.me.
Niki Black, Principal Legal Insights Strategist at AffiniPay, elaborates on the transformative impact of generative AI on the legal profession. She asserts that AI's ability to enhance efficiencies and predict pricing structures will lead to the eventual demise of the billable hour, suggesting that AI's integration will soon become indispensable in legal practices. According to Niki, sophisticated consumers of legal services like insurance companies and in-house counsels will drive the adoption of AI by expecting faster, more cost-effective solutions. These market pressures, alongside AI's ability to provide insightful data analysis and predictive analytics, will compel law firms, especially boutique and midsize firms, to adapt or face being outcompeted.Niki also touches on the ethical implications and potential risks of not adopting AI, likening future generative AI's indispensability to past shifts like the adoption of cloud computing and social media awareness. She argues that AI will lead to more competitive and client-centered pricing strategies while alleviating some of the negative client experiences associated with hourly billing. Additionally, Niki highlights the emerging trend where AI's capabilities in legal practice management and billing software enable law firms to leverage their internal data for more profitable and efficient operations, emphasizing the rapid pace at which AI is expected to transform legal services.__________________________Check out my other show, the Law for Kids Podcast.Get Connected with SixFifty, a business and employment legal document automation tool.Sign up for Gavel, an automation platform for law firms.Visit Law Subscribed to subscribe to the Substack newsletter to get notified about every episode, listen from your web browser, and for additional content.Follow @lawsubscribed everywhere.Sign up for the Subscription Seminar waitlist at subscriptionseminar.com.Check out Mathew Kerbis' law firm Subscription Attorney LLC. Get full access to Law Subscribed at www.lawsubscribed.com/subscribe
There's little more fundamental to every business than revenue. In law firms, for a while now, that's been measured by the billable hour. In most law firms today, we still wrap up hours billed in the same parcel as expertise, performance, and value. That's a BIG problem and it's getting bigger as AI and particularly generative AI is completing tasks faster, better, and cheaper AND starting to advance into complex problem solving too! So, what does that mean for law firms? Can we/should we all immediately convert to fixed fees, subscriptions and/or value-based pricing or something entirely new? What happens if we do? What happens if we don't? Where do we go to figure it out? We chatted about all of that and more on 16 April 2025 in the third podcast in CLI's Legal GenAI Conversations Series on Will GenAI kill the billable hour…ever? Terri Mottershead, Executive Director of the Centre for Legal Innovation was joined by three amazing guests with a wealth of experience to share from Australia and New Zealand: Melissa Lyon, Executive Director & Experience Designer, Hive Legal and CLI Advisory Board member Gene Turner, Managing Director, LawHawk and CLI Advisory Board member Tessa van Duyn, CEO and Practice Leader, Moores and CLI Advisory Board member Topics covered in this episode included: Whether generative AI has put pressure on law firms to reconsider the billable hour, or if it is still mostly hype What are the most viable alternative fee models are and how if generative AI making these more attractive or feasible The key advantages and disadvantages of moving away from the billable hour toward alternative fee arrangements in a GenAI powered legal landscape How law firms have managed the impact of alternative models on lawyer and allied legal professional remuneration, bonuses, performance reviews and career progression The key focus for law firms to have in mind when deciding to move from the billable hour model You'll find details about the other topics we'll be discussing in this series here. If you would prefer to watch rather than listen to this episode, you'll find the video in our CLI-Collaborate (CLIC) free Resource Hub here. Don't forget to join CLI's free Legal Generative AI Community here – it's a lightly curated daily news feed on all things legal GenAI.
In this episode, Steve Fretzin and Dennis Meador discuss:How lawyers can market themselves effectively in an increasingly competitive industryThe role of personal branding in helping attorneys differentiate themselves from competitorsWhy podcasting is a valuable tool for business development and client acquisitionAdapting to changing trends in SEO, social media, and content marketing Key Takeaways:Most potential clients check out a lawyer's website before making contact, so their online presence should authentically reflect who they are and how they can help.Lawyers should avoid “random acts of marketing” and instead build a cohesive strategy centered around their ideal client profile, jurisdictional realities, and brand identity.Podcasting is not about going viral; it's about targeting the right audience—50 engaged listeners in a lawyer's market are more valuable than 50,000 global views with no conversion potential.The best marketing doesn't just tell potential clients what a lawyer does; it shows how and why they do it differently, using real-world examples and insights that make them the obvious choice. "We're not trying to get you to be the foremost American divorce lawyer—we want you to be Chicagoland's high-net-worth or father-focused divorce lawyer... or one that focuses on the men's side. And when you become that—now you're owning your market, and it's a huge benefit to you." — Dennis Meador Got a challenge growing your law practice? Email me at steve@fretzin.com with your toughest question, and I'll answer it live on the show—anonymously, just using your first name! Thank you to our Sponsors!Rankings.io: https://rankings.io/Rainmakers Roundtable: https://www.fretzin.com/lawyer-coaching-and-training/peer-advisory-groups/ Episode References: Office Ladies Podcast: https://podcasts.apple.com/us/podcast/office-ladies/id1480311435 About Dennis Meador: Dennis Meador is the CEO and Founder of The Legal Podcast Network, dedicated to providing turnkey podcasting solutions for professionals, particularly attorneys. With over 20 years of experience in legal marketing, he is passionate about helping attorneys engage more clients and establish authority in their practice areas. An entrepreneur since 14, he has built multiple businesses and successfully scaled companies to multi-million-dollar revenues. Based in Austin, TX, he enjoys traveling, snorkeling, and making BBQ on his smoker—The Notorious P.I.T.—while spending time with his wife and three grown children. Connect with Dennis Meador: Website: http://www.thelegalpodcastnetwork.com/LinkedIn: https://www.linkedin.com/in/dennismeador/ & https://www.linkedin.com/company/the-legal-podcast-network/Facebook: https://www.facebook.com/profile.php?id=100053762623075 & https://www.facebook.com/legalpodcastnetwork.lawyers/Instagram: https://www.instagram.com/diem.today/ & https://www.instagram.com/lpnlegalpodcastnetwork/ Connect with Steve Fretzin:LinkedIn: Steve FretzinTwitter: @stevefretzinInstagram: @fretzinsteveFacebook: Fretzin, Inc.Website: Fretzin.comEmail: Steve@Fretzin.comBook: Legal Business Development Isn't Rocket Science and more!YouTube: Steve FretzinCall Steve directly at 847-602-6911 Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
In this episode of "The Free Lawyer," the host, a seasoned attorney with over 40 years of experience, introduces Gwen Griggs, a former big law attorney and in-house counsel who co-founded her own law firm. Gwen discusses her journey from traditional legal roles to establishing a practice that emphasizes deliverable-based billing and project management. She highlights the limitations of the billable hour model and its conflicts with client needs. The conversation explores innovative approaches to legal services, focusing on efficiency, transparency, and client satisfaction. Gwen's insights offer practical strategies for lawyers seeking a more fulfilling and client-centered practice.Gwen Griggs, co-founder of ADVOS legal and ADVOS Pro, has a background in Big Law and C-suite roles. In ADVOS legal, she and her partner built a new model, that – instead of hours - measures what matters to the client, team, and owner. The innovative approach - solving a problem worth solving, the sustained success, and the impact on the community, earned ADVOS legal recognition by GrowFL as a Florida Company to Watch.Built from the lessons learned in business and ADVOS legal, ADVOS Pro's created training, coaching and a community helping law firm owners build practices they love that love them back. Gwen is passionate about the world-changing impact of entrepreneurs - especially when those entrepreneurs lead law firms. She has been honored to serve on boards of organizations supporting entrepreneurs and is a frequent speaker on leadership, innovation, and alternative business and pricing models.Discussion on Freedom in Law (00:01:30)Challenges of the Billable Hour Model (00:02:07)Developing a New Law Practice Model (00:08:03)Explaining Deliverable-Based Billing (00:08:58)Project Management in Law (00:11:22)Client Communication and Pricing (00:12:40)Managing Client Communication (00:17:13)Client Satisfaction with the Model (00:20:00)Billable Hour Conflicts (00:21:43)Efficiency and Profitability (00:22:47)Technology and AI Adoption (00:23:18)Client Relationships and Trust (00:26:25)Engagement Letters and Ethics (00:29:57)Coaching Program Overview (00:30:00)Client Satisfaction Metrics (00:33:36)Transforming Legal Practice (00:34:59)Addressing Resistance to Change (00:36:41)Importance of Holistic View (00:40:02)Finding Ideal Clients (00:41:07)Creating a Better Legal Model (00:43:27)Would you like to learn more about Breaking Free or order your copy?https://www.garymiles.net/break-free Would you like to schedule a complimentary discovery call? You can do so here:https://calendly.com/garymiles-successcoach/one-one-discovery-call
Firms that price for time rather than value are holding themselves back. Gear Up for GrowthWith Jean CaragherFor CPA TrendlinesFor decades, accountants have relied on billable hours, tracking time spent on client work and invoicing accordingly. However, according to Michelle Golden-River, CEO of Fore LLC, this model is fundamentally flawed.“Accountants have taken their cost structure—allocating hours to clients and projects—and turned that into their revenue model,” she explains. “They're not supposed to be the same thing.”Gear Up for Growth spotlights the best strategies for smart and effficient growth in today's competitive landscape. More Gear Up for Growth every Friday here.| More Capstone Conversations with Jean Caragher every Monday | More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More CPA Trendlines videos and podcasts hereDespite the evident inefficiencies, many firms remain resistant to change. David Yeghiaian, chief strategy officer for KerberRose, noted that the biggest hurdle is uncertainty: “They're just not used to it. There's a fear of getting the pricing wrong—what if I estimate too low? What happens if a client expects more than I anticipated?”Golden-River counters this fear with a broader perspective: “The biggest hurdles aren't just about pricing. We need a broader business model change to support a revenue model change.” This podcast was originally published on 10/24/2024
This week, Meg is joined by Joint managing Director Michael Evans to discuss how the billable hour is still dominant in the legal world, law firm partner pay segmentation, Post Office prosecutions, Prigozhin's lawyers facing no regulatory action and what lawyers are making of the DeepSeek surge. Thank you for Listening!
In today's episode of AI Lawyer Talking Tech, we explore the transformative forces reshaping the legal industry. From judges championing AI tools to streamline human rights litigation to the rise of alternative billing models pushing beyond the billable hour, innovation is at the forefront. We'll discuss how the practical adoption of AI in 2024 has set the stage for more integrated, results-driven applications in 2025. Topics also include the responsible use of big data in the workplace, the latest AI model releases enhancing efficiency, and strategic partnerships helping small businesses manage contracts better. As legal technology evolves, balancing efficiency, ethics, and accessibility remains key to driving meaningful change. Revolutionizing Rights: Spotlight on the Hon. James Francis18 Dec 2024Thomson Reuters InstituteBest of 2024: Can AltFee Kill the Billable Hour and Bring Transparency to Legal Billing? (Scott & Digby Leigh)18 Dec 2024Technically Legal - A Legal Technology and Innovation PodcastDavid Aird, DACB: “2024 was the year of realism, in 2025 we'll see the real use of AI”18 Dec 2024Legal IT InsiderThe Double-Edged Sword of AI: How Employers Can Harness Big Data Responsibly Diversity Matters Newsletter18 Dec 2024Baker Donelson Bearman Caldwell & Berkowitz PCTraining AI models: UK Government consults on proposals for a copyright data mining exception with rightsholder opt-out18 Dec 2024Hogan LovellsAnnouncing the o1 model in Azure OpenAI Service: Multimodal reasoning with “astounding” analysis17 Dec 2024Microsoft Azure BlogHow Legal Tech Is Transforming the Fight Against Drunk Driving: Tools for Lawyers and Victims18 Dec 2024Legal ReaderContractPodAi and Vyapi Announce Strategic Alliance Supporting Contract Needs of Small and Medium-Sized Businesses18 Dec 2024Legal ReaderQualcomm claims it only copied 1% of Arm's designs for the Snapdragon X chips18 Dec 2024Laptop MagazineNavigating A Nonlinear Path: 3 Unusual Lessons For Foreign-Trained Lawyers Building A Career In The US18 Dec 2024Above The LawnQ Zebraworks Raises Additional $4.5M to Drive Growth of Its Cloud ‘Invoices-to-Cash' Solution18 Dec 2024LawSitesTikTok Asks Supreme Court to Block U.S. Ban18 Dec 2024EDMTunesFALQs: AI Regulations in the Gulf Cooperation Council Member States – Part Two18 Dec 2024In Custodia LegisWhat White Nationalists Want from the Trump Administration – Part 218 Dec 2024Counter-CurrentsFALQs: AI Regulations in the Gulf Cooperation Council Member States – Part One17 Dec 2024In Custodia Legis
In this Best of 2024 episode, we revisit our conversation with Scott and Digby Leigh, founders of AltFee—a legal tech startup tackling one of the industry's biggest challenges: the billable hour. Despite decades of debate, the billable hour still dominates legal billing. Enter AltFee. The app helps legal professionals scope, price, and manage projects using alternative fee arrangements (AFAs), offering clients more transparency and value. Scott and Digby highlight why AFAs matter now more than ever: as AI reduces time spent on tasks, value-based pricing will become essential. AltFee provides a foundation for law firms to shift away from time-based billing, encouraging lawyers to focus on the actual value of their services—not just the clock. From scoping projects to auditing fees, this conversation explores the future of legal pricing and how AFAs can reshape client relationships for the better. If you're curious about innovation in legal tech, or if you're tired of the constraints of hourly billing, this episode is a must-listen. Episode Credits Editing and Production: Grant Blackstock Theme Music: Home Base (Instrumental Version) by TA2MI Want to keep up to date about new episodes? Technically Legal Update List. Want to learn more about Percipient (percipient.co)? Follow Chad on Linkedin: Chad Main | LinkedIn Follow the podcast on LinkedIn: Technically Legal | LinkedIn Follow the podcast on Instagram: Technically Legal | Instagram Follow the podcast on X: Technically Legal | X
In the latest podcast on the Thomson Reuters Institute (TRI) Insights channel, business of law and legal pricing visionaries Toby Brown and Stuart Dodds join Bill Josten, Senior Enterprise Content Manager for Legal at TRI, to discuss the implications that GenAI will have on the billable hour, alternative and value-based pricing arrangements, and how law firms can protect and grow their revenue streams going forward.
Take Back Time: Time Management | Stress Management | Tug of War With Time
Time management is essential for lawyers seeking to regain control of their professional and personal lives. In this episode, Penny Zenker welcomes Dina Cataldo, a coach specializing in helping lawyers, to discuss how they can find peace through effective time management strategies. Dina shares how lawyers, often overwhelmed by their demanding careers, can reconnect with their emotions and break free from cycles of stress and anxiety. She emphasizes that achieving peace is the key desire for many in the legal field and offers insights into how they can regain control over their time, minimize procrastination, and create space for what truly matters.Love the show? Subscribe, rate, review, and share! https://pennyzenker360.com/positive-productivity-podcast/
Welcome to another episode of Pearls On, Gloves Off with your host, Mary O'Carroll, Chief Operating Officer at Goodwin. Today, Mary dives deep with Chris Grant, Head of Legal Market Engagement at HSBC, to unravel the evolving landscape of the legal industry. Chris Grant isn't your typical legal professional. Frustrated by the glacial pace of change in an industry resistant to innovation, Chris has spent his career challenging the status quo. From his early days in private practice to his current role at HSBC, he's been a relentless advocate for efficiency and transformation in legal services. He's built ecosystems supporting next-generation legal solutions, notably at Barclays Eagle Labs, and has been recognized in the Financial Times Innovative Lawyers Top 10 Entrepreneurs and the Legal 500 GC Power List. In this episode: · The Frustration That Fuels Change: Chris shares how his early career disillusionment ignited a passion for legal transformation. · Is Change Finally Happening? A candid discussion on whether the legal industry is genuinely evolving or just paying lip service. · The Death of the Billable Hour: Will we ever see it? Chris offers a provocative take on alternative fee arrangements—or as he calls them, Effective Fee Arrangements (EFAs). · Trust Issues: Delving into the often-unspoken lack of trust between clients and firms, and how it hinders progress. · Data as the New Gold: How leveraging data can revolutionize legal services, from pricing to service delivery. · Advice for In-House Teams and Firms: Practical steps both sides can take to build trust, embrace innovation, and deliver real value. · The Role of Technology: Why AI is more than just a buzzword and how it's accelerating conversations that were stagnant for decades. · Future Gazing: Chris's vision for the next 5-10 years in legal services, and why he believes the time for change is now. If you're as passionate about legal transformation as Mary and Chris, or just curious about the seismic shifts shaking up the industry, this episode is a must-listen. Follow Mary on LinkedIn Rate and review on Apple Podcasts
Learn about JC Coaching and Consulting and connect with Jordana Confino.Check out my new show, the Law for Kids Podcast.Get Connected with SixFifty, a business and employment legal document automation tool.Sign up for Gavel using the code LAWSUBSCRIBED to get 10% off an annual subscription.Visit Law Subscribed to subscribe to the Substack newsletter to get notified about every episode, listen from your web browser, and for additional content.Follow @lawsubscribed everywhere.Sign up for the Subscription Seminar waitlist at subscriptionseminar.com.Check out Mathew Kerbis' law firm Subscription Attorney LLC. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lawsubscribed.com/subscribe
Send us a textFor as ever present as it is, the Billable-Hour is still one of those topics on the Defense side of the Bar that is deemed somewhat taboo. Some of this, I believe, comes from a natural - though not at all helpful - competitive mentality. After all, the number of hours we bill is frequently worn as a ‘Badge of Honor', and so why would we want to “share our secrets”?But as my conversation today hopefully highlights, there is often a deeper set of reasons many Attorneys, myself included, come to loathe the billable-hour; the most treacherous of which is tying our INNER worth to our OUTER performance. This week I'm joined by Emily Logan Stedman, commercial-litigation Partner at Husch Blackwell. Most recently she is the creator and host of The Grace Period Podcast which aims to have honest conversations about striking a better balance, developing coping strategies, and destigmatizing mental health for stakeholders across the Legal Profession. Emily writes frequently and openly about her struggles and strategies when it comes to all-consuming billable-hour.Our conversation this week aims to leave listeners with new tools to tackle the worst part of being a Defense attorney, while also reminding them that they're not alone. Enjoy the show.
Here's the recording of my ABA TECHSHOW 2024 CLE on How AI will End the Billable Hour and How to be Prepared. Here's a link to the deck.Check out my new show, the Law for Kids Podcast.Get Connected with SixFifty, a business and employment legal document automation tool.Sign up for Gavel using the code LAWSUBSCRIBED to get 10% off an annual subscription.Visit Law Subscribed to subscribe to the Substack newsletter to get notified about every episode, listen from your web browser, and for additional content.Follow @lawsubscribed everywhere.Sign up for the Subscription Seminar waitlist at subscriptionseminar.com.Check out Mathew Kerbis' law firm Subscription Attorney LLC. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lawsubscribed.com/subscribe
Each week, the leading journalists in legal tech choose their top stories of the week to discuss with our other panelists. This week's topics: 00:00 - Introductions 09:00 - The Shrinking Ownership of Law Practice Management Technology 23:00 - Will AI Disrupt the Billable Hour? 37:00 - Midlevels hate law firm tech 51:00 - LinkedIn is using your data to train AI. Here's how to turn it off. 53:00 - Going to Mexico? Be careful how many electronic devices you take Sign up for our newsletter to receive the full articles and join our live recording: https://land.lawnext.com/Newsletter
Author of Ditch The Billable Hour!, Shaun Jardine, joined me on Ditching Hourly to explain how he transitioned his 240-person law firm off the billable hour. Shaun's LinksShaun's BookShaun's WebsiteShaun's LinkedInShaun's TwitterThe book Shaun mentioned: Our Iceberg Is Melting by John Kotter ----Do you have questions about how to improve your business? Things like:Value pricing your work instead of billing for your time?Positioning yourself as the go-to person in your space?Productizing your services so you never have to have another awkward sales call or spend hours writing another custom proposal?Book a one-on-one coaching call with me and get answers to these questions and others in the time it takes to get ready for work in the morning.Best of all, you're covered by my 100% satisfaction guarantee. If at the end of the call, you don't feel like it was worth it, just say the word, and I'll refund your purchase in full.To book your one-on-one coaching call, go to: https://jonathanstark.com/callI hope to see you there!
For this episode of Sell With Authority we are doubling down on value-based pricing to help you future-proof your agency. Our guest expert is a true authority when it comes to pricing and sales strategy. Blair Enns, the CEO of Win Without Pitching and the author of the widely acclaimed Win Without Pitching Manifesto joins the podcast. His latest book, Pricing Creativity: A Guide to Profit Beyond the Billable Hour, is a must-read for anyone looking to get a handle on pricing in their business. I was inspired by one of his articles on quantifying the value of pricing. Specifically, the part about ‘the elephant in the room' when it comes to pricing really hit home — because we've all been there. The uncertainty pricing brings to agency owners is a challenge we just can't ignore. So, I knew we had to bring Blair on the show to dive into this topic and help us all navigate the complexities of pricing with confidence. And to make this conversation even richer, also joining is our very own Mad Scientist and Strategist, Hannah Roth. Hannah works tirelessly in the trenches with our clients, helping them fill their sales pipelines with right-fit clients so they can sell more of what they do best. If you're an agency owner struggling with pricing, this episode will give you the framework and confidence you need to untether from time-based billing. A big dose of gratitude to our presenting sponsor for the podcast, Conduit Digital. By using their expertise in streamlining, upgrading & scaling your clients…they promise to reduce your risk so you can become the best digital agency in your market in 30-days. You can find Conduit and all their helpful insights and smarts here. What you will learn in this episode: How to shift from selling inputs and outputs to focusing on value creation for right-fit clients Why mastering the value conversation can radically transform your agency's profitability Blair's simple – yet powerful – four-step framework for implementing value-based pricing How to view your client portfolio as an investment portfolio to tailor pricing strategies The pitfalls to avoid when transitioning away from traditional pricing models Resources: Website: https://www.winwithoutpitching.com/ LinkedIn Personal: https://www.linkedin.com/in/blairenns/ LinkedIn Business: https://www.linkedin.com/company/win-without-pitching/ Win Without Pitching Manifesto Pricing Creativity: A Guide to Profit Beyond the Billable Hour Additional Resources: Website: www.predictiveroi.com Visit our newly expanded Resource Library Join us in our free How to Fill Your Sales Pipeline Facebook Group
Amanda Koplos is the Chief Operating Officer (COO) of the Central Florida-based law firm Shuffield, Lowman & Wilson. She has 20 years of experience in various law firm leadership positions and currently serves as the president of the Association of Legal Administrators (ALA). ALA is a premier professional association with 9,500 members that exists to connect, educate, and empower leaders and managers within the legal industry. In her spare time, Amanda is also the co-host of The Mostly Legal Podcast. The show is dedicated to bringing awareness to the legal management profession through chats with the heroes of high-performing law firms. WHAT'S COVERED IN THIS EPISODE ABOUT LEGAL ADMINISTRATORS UNLOCKING YOUR LAW FIRM'S POTENTIAL Today's law firm leaders know that running a law firm requires more than simply hiring skilled attorneys and doing superior legal work. The challenge is that most lawyers weren't taught the skills necessary to run a modern law firm, particularly in a highly competitive marketplace. Enter professional legal administrators… In this episode of The Lawyer's Edge podcast, Elise Holtzman and her guest Amanda Koplos, President of the Association of Legal Administrators (ALA) and COO of Shuffield, Lowman & Wilson, explore the many positive impacts made by legal administrative professionals, from economics to culture. Amanda shares best practices in running a law firm and details actionable advice for law firm leaders who are truly ready to run a law firm like a business. 1:22 - What the legal management profession is all about and how Amanda's role has changed 7:10 - Shifts on the horizon and why technology is no longer a mere tool but a crucial component of law firm operations 14:36 - Advice for anyone wanting to enter legal management or wanting to hire a legal manager 20:21 - Who typically joins the Association of Legal Administrators and reasons to become a member 23:45 - Essential skills and attributes to look for in legal managers you want to hire (particularly in small to mid-sized firms) 27:45 - How lawyers can make a legal manager's job easier and the benefit for smaller firms in hiring fractional COOs or consultants 32:42 - The curse of looking at your law firm as a business MENTIONED IN HOW LEGAL ADMINISTRATORS HELP UNLOCK YOUR LAW FIRM'S POTENTIAL Association of Legal Administrators (ALA) | Legal Management Magazine | Become a Certified Legal Manager (CLM) Shuffield, Lowman & Wilson Amanda Koplos on LinkedIn The Mostly Legal Podcast Bowman and Brooke LLP Ditch the Billable Hour! Implementing Value-Based Pricing in a Law Firm by Shaun Jardine “Shaun Jardine | Stop Billing Hours! Why and How to Embrace Value Pricing” Legal Marketing Association (LMA) | International Legal Technology Association (ILTA) NYC Coc Steering Committee Get Connected with The Coaching Team at hello@thelawyersedge.com The Lawyer's Edge SPONSOR FOR THIS EPISODE… Today's episode is brought to you by the coaching team at The Lawyer's Edge, a training and coaching firm which has been focused exclusively on lawyers and law firms since 2008. Each member of The Lawyer's Edge coaching team is a trained, certified, and experienced professional coach AND either a former practicing attorney or a former law firm marketing and business development professional. Whatever your professional objectives, our coaches can help you achieve your goals more quickly, more easily, and with significantly less stress. To get connected with YOUR coach, just email the team at hello@thelawyersedge.com.
Why a digital course is the next step in scaling your business and having more freedom. Still deciding on a topic for your digital course? Brainstorm your ideas with my FREE AI Course Topic Generator! Transition your 1-1 client work into a digital course! Here's how to build and launch a digital course that replaces - or works with - your 1-1 business. You'll learn about: (3:03) The massive value that comes with creating a digital course (5:05) 3 ways to build a digital course that complements your 1-1 work (9:29) How to transition away from 1-1 work and fully into digital courses (15:02) A step-by-step guide for outlining, building, and launching your digital course (24:02) Tips for pricing your digital course and staying connected to your students (26:08) Two incredible student success stories Listen in because today is the first step towards a freedom-filled life! Resources Mentioned in the Episode Free Tool: AI Course Topic Generator Digital Course Academy membership.io Follow Amy Online Marketing Made Easy podcast instagram.com/amyporterfield amyporterfield.com Rate, Review, & Follow on Apple Podcasts "I love Amy and Online Marketing Made Easy." If that sounds like you, please consider rating and reviewing my show! This helps me support more people -- just like you -- move toward the online life and business that they desire. Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven't done so already, follow the podcast. I'm adding a bunch of bonus episodes to the feed, and if you're not following, there's a good chance you'll miss out. Follow now!
Ready for a proven (and highly effective) legal billing alternative to the billable hour that isn't flat-fee billing or package-based pricing? That's what today's episode is all about. Listen to learn how to transform your legal billing in a way that will: (1) improve efficiency, (2) strengthen client relationships and (3) increase workflow over the long-term. *** BECOME A NEXT-LEVEL LAWYER Join the Next Level Lawyer Newsletter for weekly tips, tools & strategies on how to cultivate the mindset, leadership & business skills you need to get you and your practice to the next level (without working more hours or pushing yourself harder). Go here to join now: https://www.lifeandlawpodcast.com/next-level-lawyer/ The post #162: Legal Billing (An Alternative To The Billable Hour) appeared first on Life & Law Podcast.
This episode of Legal Marketing Happy Hour, "Beating the Billable Hour Blues," discusses the challenges that lawyers face in managing stress and keeping their well-being in mind. Attorney Bradley Tengler discusses the importance of work-life balance and de-stressing activities for lawyers.
Digital nomad life isn't about sipping margaritas on a beach in Bali whilst answering your emails. It's about mindset, discipline and focus. You have to almost forget the mindset you adopted when you were a lawyer working in an office. This includes the billable hour. In this episode, I chat with Brian Dixon about the impact that billable hour has on self-worth. Do you calculate the cost of personal activities based on how long it will take you to bill?When you become fixated on trading your time for money, you can begin to devalue yourself and your work. Is the billable hour outdated?As a digital nomad, working based on the billable hour can almost conflict with your lifestyle. You have to start thinking in a value-based way. Brian Dixon is a New York registered attorney, but he travels the world whilst taking instructions from clients and helping them with contracts and business law.Listen to Brian's first episode here:https://open.spotify.com/episode/3RAWrDzNvylToCWFlw6gzt Listen to Brian's second episode here:https://open.spotify.com/episode/00P3TL1b7Mm1qC4KoFZJmhContact Brian Dixon:brian@briandixonlaw.com--------------------------------------------------------------------------------------------Create a Top 1% PodcastI turn senior lawyers into top-tier revenue drivers by helping them create a top 1% podcast.The best way to stand out in law is:
Have you ever wondered how a personal tragedy can reshape your entire career? On this episode of Great Practice, Great Life, special guest Nora Riva Bergman takes us through her extraordinary journey from a musician to a plaintiff's attorney and finally to a practice advisor at Atticus Incorporated. Nora opens up about a pivotal personal tragedy that caused her to reevaluate her career path and find her true calling. Gain unique insights into how she now helps lawyers achieve a harmonious balance between their professional and personal lives. Throughout this episode, we explore how Nora has impacted the legal community. From her early experiences in employment law, which she likens to “corporate family law,” to her tenure as the St. Petersburg Bar Association executive director, Nora's path has been anything but conventional. Learn the importance of building the right team, implementing effective systems, and balancing financial goals with personal well-being to succeed. Nora also shares her experiences as an author and the significance of maintaining a professional online presence in today's digital age. Lastly, discover Nora's practical strategies for effective time management and mindfulness. She talks about the power of small, consistent changes and how they can transform your practice and life. Nora's actionable tips are designed to enhance productivity and well-being, from blocking dedicated work time to creating a “to-don't” list. Plus, hear about her ambitious goal of circumventing the world on her Peloton bike, reflecting her broader philosophy of sustainable transformation. Join us for an episode packed with wisdom and actionable advice that will inspire and equip you to make meaningful changes in your life. In this episode, you will hear: Nora Riva Bergman's career transformation from musician to plaintiff's attorney to practice advisor at Atticus Incorporated How a personal tragedy led Nora to shift from litigation to mediation and teaching Nora's insights into effective marketing, time management techniques, and impactful daily habits The importance of developing the right team, implementing effective systems, and balancing financial goals with personal well-being The critical role of maintaining a professional online presence to support client trust Benefits of mindfulness meditation and the power of small, consistent changes over time Lessons from Nora's book “50 Lessons for Lawyers,” focusing on self-management, marketing, and building resilience Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If there's a topic you would like us to cover on an upcoming episode, please email us at steve.riley@atticusadvantage.com. Supporting Resources: Nora Riva Bergman: Practice Advisor & Attorney: atticusadvantage.com/our-team/nora-riva-bergman One-on-One Coaching: atticusadvantage.com/what-we-do/tailored-coaching/one-on-one-coaching Disc Assessment: atticusadvantage.com/disc-assessment Nora's Author Page at Amazon.com: amzn.to/46eRT9I Author: 50 Lessons for Lawyers: Earn more. Stress less. Be awesome. www.amazon.com/50-Lessons-Lawyers-Stress-awesome/dp/0997263709 Author: 50 Lessons for Women Lawyers - From Women Lawyers: Career and Life Lessons From 50 Successful Women Lawyers: www.amazon.com/50-Lessons-Women-Lawyers-Successful/dp/0997263717 Author: 50 Lessons for Happy Lawyers: Boost Wellness. Build Resilience. Yes, you can! www.amazon.com/Lessons-Happy-Lawyers-Wellness-Resilience-ebook/dp/B09TPJGN3L Lean Thinking: www.lean.org/explore-lean/what-is-lean Cocoanut Grove fire: en.wikipedia.org/wiki/Cocoanut_Grove_fire Article: Study on Lawyer Impairment: The Prevalence of Substance Use and Other Mental Health Concerns Among American Attorneys: www.americanbar.org/groups/lawyer_assistance/research/colap_hazelden_lawyer_study Article: Stressed, Lonely, and Overcommitted: Predictors of Lawyer Suicide Risk: www.ncbi.nlm.nih.gov/pmc/articles/PMC9956925 Book: The How of Happiness: A New Approach to Getting the Life You Want: www.amazon.com/How-Happiness-Approach-Getting-Life/dp/0143114956 Book: Happiness at Work: Be Resilient, Motivated, and Successful - No Matter What: www.amazon.com/Happiness-Work-Resilient-Motivated-Successful/dp/0071664327 Book: Getting Things Done: www.amazon.com/Getting-Things-Done/dp/0143573195 Great Practice. Great Life.® by Atticus® – 085: Exercise: Is it a Waste of a Billable Hour? with Jonathan White: atticusadvantage.com/episode085 Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
Send us a Text Message with thoughts, guest suggestions, stories and more, HERE! In this episode, we chat with Shaun Jardine, Managing Director of Big Yellow Penguin, about innovative business pricing methods. Shaun, a "Recovering Lawyer" or a former solicitor and mediator, shares insights from his time as CEO at the law firm, where he spearheaded a value-based pricing project. He shares all about value-based pricing, where he first hears about it and how it can truly be helpful for your law practice. What type of lawyer Quiz Get a free trial of Audible using this LINK! What It's Like To Be...What's it like to be a Cattle Rancher? FBI Special Agent? Professional Santa? Find out!Listen on: Apple Podcasts SpotifySupport the Show.Follow us on Instagram @theladieswholawpodcast
Pricing your services for profit can be a challenge for most business owners. And in some industries like bookkeeping, accounting and legal, it's been tradition to price by the hour. But this week, my special guest will challenge you to think differently about your pricing, especially if you're a lawyer!Special guest from the United Kingdom, non-practising lawyer Shaun Jardine and author of Ditch the Billable Hours and I have a lively discussion on pricing and how value-based pricing can be beneficial not just to law firms but others who traditionally price by the hour.We also talk about:How lawyers and other experts are no longer the gatekeepers of knowledge and why pricing can no longer be based on knowledge.The principle of ‘our ice is melting'. Value-based pricing as a brand differentiator.Who has ownership of pricing in your business?Giving your clients a choice of service level.When you go through the process of changing your pricing structure, it's best to have two pairs of eyes on your new structure.ABOUT SHAUN JARDINEAs a lawyer and former law firm CEO of a top 250 law firm, he has a unique insight into what makes law firms tick. Shaun founded Big Yellow Penguin (BYP) in 2021 with the aim of encouraging and helping lawyers and law firms to move on from the 20th century and adopt practices, including value pricing, which will make their futures more secure, both financially and operationally, and enjoy practising their craft again.Shaun has recently finished writing his first book ‘Ditch The Billable Hour' ! which was published in January 2024.https://www.bigyellowpenguin.co.uk/ACTION PLAN: 1. Download 125+ steps to implement Value-based Pricing here.ABOUT ME:Hi friends,Want to escape the chaos of the day to day running of your business? Then I'm your gal.I'm a champagne lover and a sought-after business coach for small business leaders who want to grow and scale their businesses.I'm also a best-selling author, award-winning speaker and podcast host. After almost 40 years as an entrepreneur, I'm best known for my straight talk, no BS and the simple business and marketing strategies that bring my clients more joy, profit and freedom. My podcast, Work Less PROFIT More business podcast offers tips and strategies for small business owners who are tired of working too hard for too little profit and having little or no free time. You can do this!Connect with me here:diana@dianalidstone.comwww.dianalidstone.comhttps://www.facebook.com/diana.lidstonehttps://www.linkedin.com/in/hiredianalidstone/Work with me:Currently, there are 2 ways you can work with me:I am only accepting private clients in my 12-month Business Accelerator program (here) or By booking a VIP Grow Day which is an intensive session designed to give you my undivided attention and acceleration to accomplish something extremely fast. More information here.Share your feedback with me by clicking here and leaving a short voice message!
When Jonathan White, a Massachusetts-based estate planning attorney and former college hockey player, felt the pressure of his expanding practice and the pandemic's toll on his well-being, he returned to a familiar ally: exercise. On this episode of Great Practice, Great Life, Steve and Jonathan's conversation dives into Jonathan's path from grappling with the anxiety of hiring his first employee to re-embracing fitness routines that brought balance back into his life. We unearth the moments where he chose health over more billable hours, demonstrating that prioritizing personal well-being is necessary for sustained professional success. Steve recounts his fitness odyssey that began during the lockdowns of COVID-19, transforming an overloaded work schedule into a 209-week streak of Peloton workouts. Jonathan and Steve dissect the trade-offs between potential billable hours and physical and mental health benefits. We connect the dots between smaller fitness goals and bigger professional achievements, outlining how mental fortitude developed through exercise can positively ripple through every aspect of life. Jonathan's anecdotes underscore how structured exercise routines influenced significant business decisions, like shedding less rewarding parts of his practice to focus on what matters. We wrap up the conversation by exploring the broader implications of exercise in combating depression and anxiety, the power of gratitude journaling, and the essential role of setting and achieving big goals. Join us for an episode that reveals how integrating physical fitness can elevate your professional and personal life. In this episode, you will hear: Jonathan White's path from college hockey player to estate planning attorney The impact of COVID-19 on Jonathan's well-being The role of exercise in regaining balance How structured exercise routines influenced significant business decisions The trade-offs between billable hours and the benefits of physical and mental health The correlation between physical fitness and professional success, including increased income and improved decision-making Some practical tips on goal setting, consistency in exercise, and leveraging physical fitness for personal and professional growth The broader implications of exercise on combating depression, anxiety, and maintaining long-term mental health Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If there's a topic you would like us to cover on an upcoming episode, please email us at steve.riley@atticusadvantage.com. Supporting Resources: Practice Growth Program®: atticusadvantage.com/what-we-do/coaching-growth-programs/pgp Dominate Your Market®: atticusadvantage.com/what-we-do/dominate-your-market The Path to a Great Practice & Great Life: atticusadvantage.mykajabi.com/the-path-to-a-great-practice-and-great-life-workshop-landing?_gl=1*ri47aj*_gcl_au*NjU1OTUyOTI2LjE3MTQwNjA2MTM.*_ga*MTg2MTUyMzY5NS4xNjY2MDIxMDMz*_ga_QWWLP5WT2C*MTcxODM5NTUzOC4zMzAuMS4xNzE4Mzk1NTQyLjU2LjAuMA My Great Life™ Planner: atticusadvantage.com/product/my-great-life-planner Great Practice. Great Life.® by Atticus® – 048: Overcoming the Challenges of Making Your First Hire with Victor Medina and Johnathan White: atticusadvantage.com/episode048 Jordan & White, LLC: jordanwhitellc.com The Five Minute Journal: a.co/d/0hzRmu6 Effect of Exercise for Depression: Systematic Review and Network Meta-Analysis of Randomized Controlled Trials: www.bmj.com/content/384/bmj-2023-075847 Is Exercise More Effective than Medication for Depression and Anxiety: www.medicalnewstoday.com/articles/is-exercise-more-effective-than-medication-for-depression-and-anxiety Effectiveness of Physical Exercise in the Treatment of Depression in Older Adults as an Alternative to Antidepressant Drugs in Primary Care: bmcpsychiatry.biomedcentral.com/articles/10.1186/s12888-018-1982-6 Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
In this episode, Gary offers lawyers a lifeline in the billable hour battle. Recognizing the stress and inefficiency that can come with tracking billable hours, he shares strategies for reclaiming control over time and improving productivity and work-life balance. He delves into the detrimental effects of the billable hour system on lawyers' lives and presents a dozen tools to enhance time management and job satisfaction. These include prioritizing tasks, avoiding multitasking, and taking breaks. The host also underscores the liberating benefits of working more innovatively for a more fulfilling professional life. Developing a New Attitude Towards Time (00:04:44) Gary discusses the importance of changing one's mindset about time and taking ownership of daily activities. Analyzing Time Usage (00:05:54) Gary advises tracking daily activities for a week to understand time spent and identify areas for improvement. Prioritizing and Delegating (00:07:02) Tips on preparing a list of tasks, prioritizing them, and delegating non-essential work to others. Scheduling Daily Activities (00:08:16) The importance of planning and scheduling daily activities to improve focus and productivity. Grouping Similar Tasks (00:10:42) The speaker suggests grouping similar tasks to avoid distractions and enhance efficiency. Taking Breaks (00:12:47): Mini breaks are essential to recharge and enhance productivity during the workday. Saying No and Blocking Distractions (00:14:58) Gary discusses the empowering significance of saying no to non-essential tasks and blocking distractions to sharpen focus and reclaim control over time. Setting Time Limits to Projects (00:12:47) Advice on setting specific project time limits to enhance productivity and efficiency. Obtaining Support from a Mentor (00:16:08) Gary underscores the crucial importance of seeking guidance and support from a mentor to manage time and priorities effectively. Mentors foster a sense of community and help in the journey towards better time management. Would you like help in winning the billable hour battle? You can schedule a courtesy call here. Would you like to learn more about Breaking Free or order your copy? https://www.garymiles.net/break-free You can watch this episode on YouTube here.
In today's episode, Gary discusses the drawbacks of the billable hour system in law practice, highlighting how it affects lawyers' productivity and stress levels. The episode covers the challenges of time management, client expectations, and work-life balance under the billable hour system, as well as obstacles like distractions and mental fatigue. The speaker emphasizes the need for efficiency to improve job satisfaction and client relationships, promising solutions in the following episode. Challenges of the Billable Hour System (00:02:20) Discussion on the challenges posed by the billable hour system for lawyers. Obstacles to Productivity (00:06:13) Exploration of the obstacles hindering productivity, such as time management and client expectations. Problems Caused by Lack of Productivity (00:12:48) The speaker discusses the problems encountered when lawyers are not productive, including missed deadlines and reduced job satisfaction. Benefits of Being More Productive (00:15:22) The positive outcomes of improved productivity, such as increased efficiency and improved work-life balance. Would you like to learn more about Breaking Free or order your copy? https://www.garymiles.net/break-free Would you like to schedule a complimentary discovery call? You can do so here: https://calendly.com/garymiles-successcoach/one-one-discovery-call
Beyond Time Sheets In this episode, host Chris Do features a deep dive into the transformation of pricing and positioning strategies within the advertising and professional services industries, guided by insights from Tim Williams, founder of Ignition Consulting Group. Williams discusses the flawed nature of hourly billing and advocates for a value-based pricing model that focuses on the outputs or results rather than the inputs or time spent. He highlights how agencies can innovate by developing a product mindset, shedding light on the necessity of adapting to changes brought by AI and market demands. The discussion also explores the idea of agencies investing in or partnering with brands, shifting towards a model where creative services are productized, thereby solving specific client problems. Williams emphasizes the importance of agencies moving away from traditional billing methods to embrace a future where they price based on value delivered, not hours worked. Check out today's guest, Tim Williams: ➤ Website | LinkedIn | Book | Blog Check out The Futur: ➤ Website | Courses | LinkedIn | Podcasts ➤ Instagram | Facebook | Twitter | TikTok | YouTube Check out Chris Do: ➤ Website | LinkedIn | Facebook | Instagram | Twitter ➤ TikTok | Threads | Zaap | Clubhouse | Behance Learn more about your ad choices. Visit podcastchoices.com/adchoices
It seems like every time that there's a major disruption or event that threatens to upend the legal industry, it spells doom for the billable hour. But that could be more out of hope than anything else. The billable hour survived the Great Recession and the COVID-19 pandemic, despite many people thinking—or maybe wishing—that it wouldn't.
It seems like every time that there's a major disruption or event that threatens to upend the legal industry, it spells doom for the billable hour. But that could be more out of hope than anything else. The billable hour survived the Great Recession and the COVID-19 pandemic, despite many people thinking—or maybe wishing—that it wouldn't.
It seems like every time that there's a major disruption or event that threatens to upend the legal industry, it spells doom for the billable hour. But that could be more out of hope than anything else. The billable hour survived the Great Recession and the COVID-19 pandemic, despite many people thinking—or maybe wishing—that it wouldn't.
Blake and David look at the potential impact of AI on the accounting profession and discuss how AI tools like ChatGPT can boost productivity by automating tasks, improving communication, and assisting with problem-solving. They also examine the implications of these efficiency gains on the billable hour, predicting that firms will need to adapt their pricing strategies as a result. Finally, they review the results of a recent Accounting Today survey, which reveals accountants' perceptions and concerns about AI in the profession.Sponsors OnPay - http://accountingpodcast.promo/onpayKeeper - http://accountingpodcast.promo/keeper Bookkeep - http://accountingpodcast.promo/bookkeepChapters(02:24) - The inefficiency at Disney World compared to accountants and timesheets (09:38) - JP Morgan AI tool cuts human work by 90% (11:14) - BofA Cash Pro Forecasting (18:29) - Blake checks in on live chat (19:11) - Survey on how much people actually want to work (27:17) - Kindness initiatives at firms (28:26) - Is gratitude better than a pay raise? (29:34) - New Accounting Today AI survey (40:00) - Blake shares example of how he used AI in his personal life (42:36) - Forbes article on ChatGPT prompts for leaders and managers (55:29) - Thanks for listening and remember to subscribe Show NotesJPMorgan Says Its AI Cashflow Tool Cut Human Work Almost 90%https://www.entrepreneur.com/business-news/jpmorgan-says-its-ai-cashflow-tool-cut-human-work-almost-90/470682 Accounting's reluctant AI revolution https://www.accountingtoday.com/research-report/accountings-reluctant-ai-revolution Firms find it's cool to be kind https://www.journalofaccountancy.com/issues/2024/mar/firms-find-its-cool-to-be-kind.html Bank Of America CashPro Forecasting https://business.bofa.com/en-us/content/cashpro-forecasting.htmlAmericans Don't Care as Much About Work. And It Isn't Just Gen Z.https://www.wsj.com/lifestyle/careers/americans-attitude-work-data-0c2e487c?st=zyx80zw1zyfu1jfGratitude is Better Than a Pay Raise for 55% of U.S. Workers, Survey Findshttps://www.cpapracticeadvisor.com/2024/02/29/gratitude-is-better-than-a-pay-raise-for-55-of-u-s-workers/102148/12 ChatGPT Prompts For Leaders And Managers In 2024https://www.forbes.com/sites/rachelwells/2024/01/23/12-chatgpt-prompts-for-leaders-and-managers-in-2024/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsRoyalwise - https://royalwise.com/partnerForwardly - https://www.forwardly.com/ClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Today Kevin and Laura talk with John Tredennick, the founder and CEO of Merlin Search Technologies. We talk about why John is not chilling on a catamaran in the South Pacific somewhere after the sale of Catalyst, how Merlin's approach to generative AI differs from others in the industry, the advantages that GenAI brings to eDiscovery and why they are not in the “wait and see” mode like many other big Legaltech software providers are. We also chat about the ethical concerns related to the use of generative AI particularly in areas like bias. We then talk about the elephant in the room - the loss of the billable hour and the potential that generative AI raises about job displacement in the legal review market. John Tredennick is the founder and CEO of Merlin Search Technologies, which develops AI-powered search software for investigations, discovery and regulatory compliance. Prior to Merlin, he was founder and CEO of Catalyst Repository Systems, which he sold to OpenText in early 2019. For the first 20 years of his career, he was a trial lawyer and litigation partner at Holland & Hart, a national law firm based in the Rocky Mountains. John is a prolific speaker and writer. Over the past 30 years, he has written eight books and countless articles on legal technology topics. You can find links to many of those here: https://merlin.tech/headlines/article-resources/
Subscription legal services are the future, folks, so let's ride the new wave! The billable hour has become increasingly despised, but how do you make the switch to a subscription-based, recurring revenue law firm? In a live conversation at ABA TECHSHOW, Gyi chatted with Kim Bennett and Blaine Korte about how to leave the billable hour behind and create processes and automations that keep your ideal client's journey in mind and make your law firm more profitable. Kim Bennett is CEO and co-founder at Fidu Legal. Blaine Korte is CTO and co-founder at Fidu Legal.
Subscription legal services are the future, folks, so let's ride the new wave! The billable hour has become increasingly despised, but how do you make the switch to a subscription-based, recurring revenue law firm? In a live conversation at ABA TECHSHOW, Gyi chatted with Kim Bennett and Blaine Korte about how to leave the billable hour behind and create processes and automations that keep your ideal client's journey in mind and make your law firm more profitable. Kim Bennett is CEO and co-founder at Fidu Legal. Blaine Korte is CTO and co-founder at Fidu Legal.
Despite much ballyhoo and countless articles about them, alternative fee arrangements, or AFAs, have yet to gain widespread traction and the billable hour still reigns supreme for legal billing. Enter the Leigh brothers, Scott and Digby, and their new legal tech startup, AltFee. The company's stated goal is encouraging legal professionals to break free of hourly pricing and move to AFAs by using the app to help scope and price legal projects. The brothers point out that the traditional billable hour pricing model doesn't provide certainty for clients and that AFAs will become more important with increasing use of AI which will likely reduce billable hours. They explain how Altfee offers a solution by providing a foundation for law firms to operate on an alternative fee model. The app helps users scope, price and audit their fees. Scott and Digby also delve into the concept of 'value billing', explaining that it involves charging fees based on the value of the service provided to the client, rather than strictly on the time spent. They underline the importance of taking both task-based considerations and value-based considerations into account while pricing. Learn more about Scott and Digby. Things We Talk About in this Episode Directory of Law Firms Offering Alternative Fees Episode Credits Editing and Production: Grant Blackstock Theme Music: Home Base (Instrumental Version) by TA2MI
In this episode of The Legally Speaking Podcast, we sit down with Shaun Jardine, a visionary in the legal field with a career spanning over three decades.From his early days specialising in litigation to becoming a pioneering mediator, Shaun has witnessed and influenced significant changes in the legal landscape. He shares insights from his journey, reflecting on the evolution of legal practice and the pivotal role of mediation.Leading a Top 200 Law Firm wasn't without its challenges, and Shaun opens up about the hurdles and triumphs of his leadership. But it's his latest venture, Big Yellow Penguin, that's turning heads and reshaping perspectives on law firm management and pricing strategies.Shaun dives into the core of his innovative approach with his book, "Ditch the Billable Hour," advocating for a value-based pricing model that challenges traditional legal billing practices. The discussion also ventures into the realm of AI and its impact on the billable hour, offering a glimpse into the future of legal services.Towards the end of our conversation, Shaun shares invaluable advice for those specialising in litigation and reflects on the importance of continual learning and adaptation in law.
Check out Paxton.AI and learn why a hotdog is or isn't a sandwich at this link.Get Connected with SixFifty, a business and employment legal document automation tool.Sign up for Gavel using the code LAWSUBSCRIBED to get 10% off an annual subscription.Visit Law Subscribed to subscribe to the Substack newsletter to get notified about every episode, listen from your web browser, and for additional content.Register for ABA TECHSHOW 2024 and attend both of presentations called (1) Podcasting for Lawyers: Mastering the Medium with AI; and (2) AI will Redefine Firm Business Models and End the Billable Hour. Are You Prepared?Follow @lawsubscribed everywhere.Sign up for the Subscription Seminar Waitlist at subscriptionseminar.com.Check out Mathew Kerbis' law firm Subscription Attorney LLC. Get full access to Law Subscribed at www.lawsubscribed.com/subscribe
Welcome back Powerhouse! Let's hop right in. Our guest today is a revolutionary powerhouse, Gwen Griggs, lawyer and trailblazer of eliminating the billable hour. We all know the love-hate relationship we have with billing. [00:33] Not having a background in law has served Gwen well. In fact, she decided she wanted to be a lawyer after learning about the Brown versus Board of Education case at 11 years old. [02:51] Gwen's struggle with billing clients an ominous fee, led her to look for alternatives. Believe it or not, the answer was found in building clear work boundaries with your clients, removing unlimited access to you and your services, and creating systems that give your client confidence in your skills and timeline. [05:37] If you're like me, I want to figure out how to do this! Gwen offers coaching to implement this new billing method for lawyers. [22:44] And of course, we finish off with Gwen's Legally Blonde Moment. You know you've reached the correct Gwen, when her email ends with “If you have any concerns, please don't call.” [45:12] Closing [46:19]__________Join the private Powerhouse Lawyer Facebook group! Discuss episodes, network, legal insights, education and development, community engagement and your built in support system!https://www.facebook.com/groups/1074826730426201/?ref=share&mibextid=K35XfPBurnout and overwhelm may be a part of your everyday life, but it doesn't have to be! Here are five action steps that helped me crawl my way out of the weeds of life and into building the life I wanted and knew I deserved. Eliminate overwhelm in life AND law, now!https://www.eringerner.com/eliminating-overwhelmPowerhouse Lawyer Retreat February 2024:https://www.eringerner.com/powerhouse-lawyers-retreat-febraury-2024Connect with Gwen Griggs:Website https://advoslegal.com/LinkedIn https://www.linkedin.com/in/gwengriggs/Facebook https://www.facebook.com/advoslegal/Stay connected with Erin GernerWebsite https://www.eringerner.com/ LinkedIn https://www.linkedin.com/in/erin-gerner/Facebook https://www.facebook.com/erin.w.gernerInstagram https://www.instagram.com/eringerner/?hl=en
Check out Taproot Law.Get Connected with SixFifty, a business and employment legal document automation tool.Sign up for Gavel using the code LAWSUBSCRIBED to get 10% off an annual subscription.Visit Law Subscribed to subscribe to the Substack newsletter to get notified about every episode, listen from your web browser, and for additional content.Register for ABA TECHSHOW 2024 and attend both of presentations called (1) Podcasting for Lawyers: Mastering the Medium with AI; and (2) AI will Redefine Firm Business Models and End the Billable Hour. Are You Prepared?Follow @lawsubscribed everywhere.Sign up for the Subscription Seminar waitlist at subscriptionseminar.com.Check out Mathew Kerbis' law firm Subscription Attorney LLC. Get full access to Law Subscribed at www.lawsubscribed.com/subscribe
Are you ready to ditch the billable hour? Join Stephanie and Shaun Jardin as they unpack the secret to value-based pricing for law firms. They'll break down the essential tools and mindset you need to transform your pricing strategy. Also listen as Zack chats with Emily Brady from Omizant, a full-service law firm marketing agency, as they discuss how to tackle the unique SEO challenges faced by law firms. Links from the episode: Check out Omnizant Ditch the Billable Hour! By Shaun Jardine If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free!
Are you ready to ditch the billable hour? Join Stephanie and Shaun Jardin as they unpack the secret to value-based pricing for law firms. They'll break down the essential tools and mindset you need to transform your pricing strategy. Also listen as Zack chats with Emily Brady from Omizant, a full-service law firm marketing agency, as they discuss how to tackle the unique SEO challenges faced by law firms. Links from the episode: Check out Omnizant Ditch the Billable Hour! By Shaun Jardine If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free!
Jay Harrington and Tom Nixon produce the Thought Leadership Project Podcast: https://www.hcommunications.biz/thethoughtleadershipproject ---------------------------------------- This show is sponsored by Leopard Solutions Legal Intelligence Suite of products, Firmscape, and Leopard BI. Push ahead of the pack with the power of Leopard. For a free demo, visit this link: https://www.leopardsolutions.com/index.php/request-a-demo/ Links: Tom Nixon: https://www.linkedin.com/in/tnixon16/ Jay Harrington: https://www.linkedin.com/in/jayharrington/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Blair Enns is the founder of Win Without Pitching, the sales training organization for creative professionals. He is the author of two books, The Win Without Pitching Manifesto and Pricing Creativity: A Guide to Profit Beyond the Billable Hour. He is the co-host, along with David C. Baker, of the podcast 2Bobs: Conversations on the Art of Creative Entrepreneurship. Best of all, he is the guest on this week's show with Ron and Ed. A good portion of the show will be spend talking about The Innoficiency Principle. Blair laid out the thoughts behind this principle at this link and described it quite succinctly. From Blair: “The Innoficiency Principle states that innovation and efficiency are mutually opposable goals. In any reasonably functioning organization, one cannot be increased without decreasing the other.”
Blair Enns is the founder of Win Without Pitching, the sales training organization for creative professionals. He is the author of two books, The Win Without Pitching Manifesto and Pricing Creativity: A Guide to Profit Beyond the Billable Hour. He is the co-host, along with David C. Baker, of the podcast 2Bobs: Conversations on the Art of Creative Entrepreneurship. Best of all, he is the guest on this week's show with Ron and Ed. A good portion of the show will be spend talking about The Innoficiency Principle. Blair laid out the thoughts behind this principle at this link and described it quite succinctly. From Blair: “The Innoficiency Principle states that innovation and efficiency are mutually opposable goals. In any reasonably functioning organization, one cannot be increased without decreasing the other.”
As an attorney, you work hard to build your practice and serve your clients. But have you considered what would happen if something were to happen to you? This is where succession planning comes in. In today's episode, estate planning attorney Steven McClelland shared his insights on the importance of having a succession plan in place. Here are five reasons why every lawyer needs a succession plan: Protect Your Clients: If you were to become incapacitated or pass away, what would happen to your clients? A succession plan ensures that your clients' needs are taken care of and that their cases are transferred to another attorney who can provide them with the same level of service you did. Protect Your Employees: Your employees are an important part of your practice. A succession plan ensures that they are taken care of and that their jobs are secure in the event of your incapacity or death. Protect Your Family: A succession plan ensures that your family is taken care of and that your practice is passed down to them if that is your wish. Protect Your Reputation: Dumping all your files in a dumpster instead of properly disposing of them is not only unprofessional but can also damage your reputation. A succession plan ensures that your files are properly organized and that your reputation remains intact. Peace of Mind: Having a succession plan in place gives you peace of mind knowing that your practice will continue to thrive even if something were to happen to you. A succession plan is crucial for every lawyer. It ensures that your clients, employees, family, and reputation are protected and gives you peace of mind. So, take action today and create a succession plan that works for you and your practice. And be sure to check out the Maximum Lawyer podcast for more valuable insights and strategies to help you overcome challenges in your practice.07:29 The importance of ending things properly.09:22 72% of entrepreneurs do not have a succession plan15:13 A checklist and key documents for succession planning, including a business power of attorney, agreement to close practice, and confidentiality and non-disclosure agreement. He offers to share these documents with listeners.
Elon says he's hired a new CEO for Twitter, and folks think they know who this person will be. The Claude chatbot has expanded so much you can now write entire novels with it. Seeing what Meta is doing with AI in ads makes me wonder about the future of all media. And, of course, the weekend longreads suggestions.Sponsors:Grammarly.com/goGetSunday.com/rideLinks:Elon Musk says he has found a new CEO for Twitter (TechCrunch)Linda Yaccarino Leaves NBCUniversal Amid Talks to Become Twitter CEO (WSJ)Anthropic's latest model can take ‘The Great Gatsby' as input (TechCrunch)Meta announces generative AI features for advertisers (TechCrunch)Weekend Longreads Suggestions:End of the Billable Hour? Law Firms Get On Board With Artificial Intelligence (WSJ)“We Were Always Playing An Entirely Different Game”: The Ultimate Oral History Of BuzzFeed News (BuzzFeed News)Taiwan Is Running Low on a Strategic Asset: Engineers (NYTimes)The Plot to Steal the Other Secret Inside a Can of Coca-Cola (Bloomberg)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.