Lawyers Weekly - legal news for Australian lawyers

Pricing

The billable hour’s enduring value in the age of AI
New technologies can and will force changes to practice methodologies, but – for some lawyers and firms – the...
08 April 2025
By Jerome Doraisamy
Is client demand set to spawn an era of value pricing?
Evolving expectations from clients, together with the continued embrace of new technologies, will see non-traditional...
14 January 2025
By Jerome Doraisamy
The billable hour may be incompatible with GenAI innovation
In the face of client perceptions about their providers’ use or otherwise of generative AI, we may soon see more...
29 October 2024
By Jerome Doraisamy
Fixed fee, alternate pricing arrangements increasingly offered by firms
The number of Australian law firms providing fixed fee and alternate pricing arrangements continues to grow, according...
30 September 2024
By Jerome Doraisamy
ChatGPT’s rise means billable hours will ‘inevitably decline’
The time-based billing model has come under significant scrutiny in recent years, and now, with the emergence of...
20 February 2023
By Jerome Doraisamy
How happy are law departments with their legal services panels?
New research from Lawyers Weekly and Momentum Intelligence reveals, for the first time, the satisfaction levels of...
16 February 2023
By Jerome Doraisamy
Attaining true flexibility for employees
Lawyers Weekly spoke with Australian Law Awards winner for Commercial Team of the Year, Hive Legal, to uncover how they...
19 September 2022
By Jess Feyder
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Law firm profitability and the pricing myth
If you are considering lowering prices to remain competitive in your legal services market, there are numerous...
26 October 2021
By Jerome Doraisamy
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Pricing tips to maintain law firm profits in 2021 and beyond
Law firm leaders need to revisit the familiar trio of People, Process and Technology to future-proof...
20 August 2021
Sponsored by Jocelyn Go
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Fixed fees reaping rewards for smaller firms
SME law firms are witnessing an increase in requests for fixed fees, as well as greater profitability – and the...
28 April 2021
By Jerome Doraisamy
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The case for new pricing models post-pandemic
There is an “appetite for change” in Australia’s legal profession, and – according to eight NewLaw firms –...
04 March 2021
By Jerome Doraisamy
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Competitive pricing is about getting smarter, not cheaper
The standard response to increased competition is to drop prices but lawyers would do better to “actually talk to...
18 September 2015
By Priya Murthy
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Overcoming the three pricing emotions
In parts one
03 March 2012
Promoted by Priya Murthy
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