The solution to the lawyer-made problem causing stress and burn out? Systematise as much process as possible and automate it, then charge a fixed fee for that side of the process, allowing for the bulk of the complex lawyering to be charged at the time rate. #fixedFee #newLaw #FullyAutomatedLuxuryLawyering
#fixedfee #newlaw #FullyAutomatedLuxuryLawyering
The challenge with moving from a time based billing model to value-based/ fixed fee is due to the nature of the work, lawyers say. The reality is that almost all legal work has repeatable, systemised steps. Yes, even complex commercial litigation. The failure of lawyers to systematise these processes has resulted in the stress imposed by clients to reduce overall legal fees #fixedFee #ValueBilling