Week Sauce: More Regular Law Firm Billing May Be To Your Clients' Liking

Most lawyers who are billing hourly (which are still most lawyers) – and, even those who aren’t – continue to slavishly send out invoices at the beginning of every month, covering the fees accrued by clients for the prior month.  That’s all well and good; but, those fees can add up quickly. 

That’s why some law firms are experimenting with more regular billing models.  Biweekly, and even weekly, billing is the norm with these firms.  And, it’s not just experimentation.  These firms are having success with this program – and, a lot of their clients love it. 

 

Now, you might assume that, if clients find common billing practices to be annoying, that they would be even more annoyed by more frequent billing.  But, that’s not necessarily the case; and, in fact, lots of legal consumers appreciate recurrent billing like this, because each payment is smaller. 

 

In any event, there is no time like the present to experiment with revised billing models, which law firm clients are more open to than ever before. 

 

. . . 

 
Want to talk about resetting your pricing?  There’s never a bad time to reconsider. 

Through a unique partnership between the bar association and Jared Correia's Red Cave Law Firm Consulting, Vermont Bar Association members have access to experienced law practice management consultants at a special discounted rate.

To get started, visit Red Cave's Vermont Bar Association landing page, and start running your law practice like a business.