Lawyers are ‘way too nice’ with fees and billing
For too long, too many lawyers and law firms have been charging fees and issuing invoices that are not commensurate or proportionate with the work undertaken. The profession has to place proper value on itself, argues Ben Deverson.
On this episode of The Lawyers Weekly Show, host Jerome Doraisamy is joined by Lawganised founder and director Ben Deverson to discuss the reasons why firms across the country do not price their services accordingly and the financial, professional and even personal impact that such undervaluing can have.
The pair also discuss practical ways that lawyers and firms can overcome any fears they might have about changing up their billing practices, the best approaches moving forward, and whether time-based billing or fixed pricing is better in ensuring reasonable invoices.
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