In my last post, I discussed the importance of value pricing in a firm's decision to use legal technology and reap its benefits.
However, how does a firm move quickly from time billing to value pricing while avoiding the pitfalls and mistakes others have already made and which are easily avoidable?
Don't just make it up through trial and error – get external help from experts.
Resources that can help firms move to value pricing
There are a lot of pricing consultants in the market, and I've also noticed that many are also starting to position themselves as value pricing experts despite largely having built their reputations on helping firms refine hourly billing models.
If you're interested in these ideas, I recommend looking first at people who have been living and breathing value pricing since well before it was cool. Some particular people that I recommend are: