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Are you tired of the struggle of hourly billing in your legal practice? Today on The TSP Show, we speak with Kimberly Y. Bennett, a brilliant brand strategist and co-founder of Fidu. In this episode, Kimberly unveils her revolutionary platform designed to help legal professionals escape the trap of hourly billing and create a sustainable recurring revenue stream. Say goodbye to the uncertainties of traditional billing and embrace a subscription-based legal model that guarantees consistent revenue for you and dependable service for your clients.Discover how Fidu's customizable platform empowers independent legal service providers to build a thriving subscription-based practice. Kimberly shares invaluable insights on escaping the inconsistent nature of hourly billing and creating a dependable legal subscription platform. This episode is a must-listen for anyone seeking to transform their legal business and secure a brighter future.If you are ready to embrace the future of legal practice and revolutionize how you serve your clients, listen now!Watch full episodes of the TSP Show on The Convo app. Wednesday nights at 8pm ET: https://www.theconvo.tv/Want to keep up with Kimberly Y. Bennett? Find details here:► Website:https://www.kimberlybennett.com/► Courses:https://www.fidulegal.com/how-to-fidu► Instagram:https://www.instagram.com/kbennettlaw/Want to keep up with Traffic Sales and Profit? Find details here:► Podcast: https://trafficsalesandprofit.com/podcast► Get your FREE Traffic Sales and Profit Book here https://freetspbook.com/tsp-book► Subscribe to the YouTube channel: https://youtube.com/trafficsalesandprofit► Upcoming Live Events: https://trafficsalesandprofit.com/events/► Join our FREE Traffic, Sales & Profit Facebook Group: https://www.facebook.com/groups/TrafficSalesProfit/► Follow us on Instagram: https://www.instagram.com/trafficsalesandprofit/► Follow Lamar on Instagram: https://www.instagram.com/lamartyler/KEY TAKEAWAYS[00:00:00] Transitioning to private practice [00:08:00] What is the worst that can happen?[00:09:30] Breaking from traditional models[00:11:00] An alternative to hourly billing [00:15:00] Subscription legal service [00:18:00] Retention is everything [00:21:00] Defining your goals[00:23:00] Creating recurring revenue
Darlene and Mike are joined by Kimberly Y. Bennett to discuss how successfully 'building your own thing' relies on choosing a style that most aligns with your skills, passion, and worldview. This program contains 30 minutes of Professionalism content accredited by the Law Society of Ontario. ***This episode was recorded a couple of weeks ago, before it was announced that Kimberly joined Fidu (fidulegal.com) as Co-Founder. Congrats, Kimberly!*** PLUS: Should lawyers take physics? Should Mike and Darlene start a shovel company? Is Kimberly Mike's new startup guru? SHOW NOTES: Being is the New Doing: A Divine Guide to Owning Your Energy, Time, and Peace of Mind by Radiah Rhodes LINKS Check out https://www.kbennettlaw.com/ FEEDBACK, CREDITS & REVIEW Please give us feedback here: http://bit.ly/LLPFeedback Music credit: Thanks to Nick Fowler who composed and performed our theme music. To learn about his work, visit teknologyproductions.wixsite.com/teknology. Art credit: Thanks to Jenny Henderson for our LLP artwork. To learn about Jenny and see her work, visit: https://www.jennyhendersonstudio.com/ Please rate, review, subscribe and comment. We would so appreciate your feedback (I mean, we're just two lawyers trying to podcast).
If you are a leader committed to social impact and you're ready to up your game, join attorney and legal industry disruptor Kimberly Y. Bennett every week as she shares how to strategically operate your disruptive and impact-driven business, protect your IP, and enhance communications within your organization. Be sure to subscribe to the podcast and visit us over at kbennettlaw.com
Kimberly Y. Bennett describes herself as an innovator, entrepreneur, legal industry disruptor, and business coach who happens to be a lawyer. Nowhere are all those facets more evident than in the way she has structured her law practice, K Bennett Law, where she focuses on brand protection and growth strategy. Soon after starting her own practice, which is entirely virtual, she decided there had to be a better way to charge legal fees, one that would provide predictable pricing for her business clients and predictable income for her. The model she developed is to provide her services via a monthly, flat-fee subscription. Another way she has distinguished her practice is through the relationships she has with her clients. She sees herself as not only a legal advisor to her clients, but also as a business coach and strategy consultant. She functions much like an outside general counsel, working with businesses until they scale to the point of hiring their own in-house attorney. Today, Bennett is also a coach and consultant to other lawyers looking to establish their own subscription-based practices, and she is a frequent speaker on innovation and entrepreneurship in law and business. On this episode of LawNext, Bennett joins host Bob Ambrogi to share her journey, discuss her practice model, and provide her insights on innovation, race, gender and more in the legal industry. NEW: Comment on this show: Record a voice comment on your mobile phone and send it to info@lawnext.com. We are now on Patreon! Subscribe to our page to be able to access show transcripts, or to submit a question for our guests.
Continuing our Legal Industry Transformation Week, today we welcome Kimberly Y. Bennett, Esq., Founder of K Bennett Law LLC, a boutique subscription legal services law firm. Kim is an innovator, entrepreneur, industry disruptor, and business coach—who happens to be a lawyer—and her mission is to help foster a permanent shift in the way law firms deliver legal services to clients.
It's an Alternative Legal World, We're Just Living In It with Kimberly Y. Bennett