In episode nine, LOPSided Podcast host John O'Donoghue is joined by Richard Burcher (Leading expert in law firm pricing) to discuss developing trends and challenges in the ever evolving world of law firm pricing.
The podcast covers key topics including:
- What are the biggest pricing related challenges in law firms right now?
- Are pricing experts reporting back on clients changing needs and behaviours?
- How can law firms ensure they are setting their pricing functions up for success?
- What does a good law firm pricing strategy look like?
- Navigating the challenges in how law firms pricing legal tech and AI.
- The tension between the billable hour and technological efficiency.
- Are we at a point where the industry has outgrown the billable hour model?
- Can law firms price AI & Tech in the same way as conventional legal services?
- Are law firms doing enough to think about how to price tech focussed services?
- Are law firms without pricing functions at risk of missing out on new opportunities?
IMPORTANT NOTE: The views and furthermore all views shared by the presenters and guests of this podcast in no way reflect the views of current nor previous companies that employ them. All views and expressions reflect personal views and not those of any affiliated businesses. Listeners should consider these discussions as personal perspectives and not official stances endorsed by any organisation. Always seek professional advice and verify information independently.
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