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Mitch Kowalski - Helping Law Firms Ditch Hourly Billing
Manage episode 357227775 series 1402008
Legal operations advisor and law professor Mitch Kowalski joined me on Ditching Hourly to talk about innovation in the legal profession, including alternatives to hourly billing.
Talking Points
- The history of hourly billing in the legal profession
- Transparency in pricing (and why hourly billing isn't transparent at all)
- The perverse incentives of hourly billing
- Why billing hourly short changes you if you are good at what you do
- The importance of breaking a big project into small chunks
- Why lawyers remain in the “dark ages,” technologically speaking
- The mental health effects of hourly billing
- ”Working toward the price”
- Price as an initial design constraint
- Reverse engineering your costs to support your desired pricing
Mitch’s Links
- Website: https://kowalski.ca
- Twitter: https://twitter.com/MEKowalski
- LinkedIn: https://www.linkedin.com/in/mitchkowalski
The next time someone asks you for your hourly rate, I want you to stop what you're doing and head on over to valuepricingbootcamp.com to sign up for my free value pricing email course.
Hope to see you there!
361 епізодів
Manage episode 357227775 series 1402008
Legal operations advisor and law professor Mitch Kowalski joined me on Ditching Hourly to talk about innovation in the legal profession, including alternatives to hourly billing.
Talking Points
- The history of hourly billing in the legal profession
- Transparency in pricing (and why hourly billing isn't transparent at all)
- The perverse incentives of hourly billing
- Why billing hourly short changes you if you are good at what you do
- The importance of breaking a big project into small chunks
- Why lawyers remain in the “dark ages,” technologically speaking
- The mental health effects of hourly billing
- ”Working toward the price”
- Price as an initial design constraint
- Reverse engineering your costs to support your desired pricing
Mitch’s Links
- Website: https://kowalski.ca
- Twitter: https://twitter.com/MEKowalski
- LinkedIn: https://www.linkedin.com/in/mitchkowalski
The next time someone asks you for your hourly rate, I want you to stop what you're doing and head on over to valuepricingbootcamp.com to sign up for my free value pricing email course.
Hope to see you there!
361 епізодів
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