Credit Available - See Credits tab below.
Total Credits: 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 2 General, 1.5 General, 1.5 General, 2 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.8 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.8 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 2 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General, 1.5 General: Other, 1.5 General, 1.5 General
In today's legal landscape, traditional billing methods are facing increasing scrutiny due to their limitations in transparency, predictability, and alignment with client interests. This Continuing Legal Education (CLE) course explores the transition from cost-based to value-based pricing in legal practice. Participants will delve into the challenges of traditional billing models, debunk common myths surrounding alternative pricing approaches, and learn practical strategies for implementing value-based pricing. Through interactive discussions and hands-on exercises, participants will gain the knowledge and skills needed to effectively price legal services based on the value delivered to clients, enhance client satisfaction, and achieve sustainable profitability.
Learning Objectives:
1. Understand the limitations and drawbacks of traditional cost-based billing methods in legal practice.
2. Identify common myths and misconceptions about alternative billing approaches, such as value-based pricing.
3. Explore the principles and benefits of value-based pricing in legal services, including transparency, alignment with client interests, and profitability.
4. Learn practical strategies for transitioning from cost-based to value-based pricing, including assessing value, determining fees, and setting client expectations.
5. Gain insights into the elements of value in legal services and how to effectively communicate and demonstrate value to clients.
6. Develop skills in pricing legal services based on factors such as complexity, risk, and client outcomes, while considering market competition and client budgets.
7. Understand the importance of clear engagement agreements in value-based pricing, including defining scope, milestones, assumptions, and expectations.
8. Explore techniques for marketing and promoting value-based pricing to clients, including effective communication and setting pricing expectations.
9. Learn best practices for implementing value-based pricing in legal practice, including monitoring performance, collecting revenue, and adjusting pricing as needed.
10. Develop a personalized action plan for transitioning to value-based pricing in their legal practice, tailored to practice area, client base, and business goals.
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 12/31/2025
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/20/2027
Status: Approved
CLE programs which take place outside of Alaska or are webcast from outside of Alaska are not required to be accredited by the Alaska Bar Association. Alaska Bar members may claim credit for attendance at CLE programs offered in or from other jurisdictions if the program has been accredited by another MCLE jurisdiction.
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/20/2027
Status: Approved
The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1 hour(s) toward your annual CLE requirement for the State Bar of Arizona, including 0 hour(s) of professional responsibility.
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/30/2025
Status: Appproved
Provider Number: 3333
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/18/2026
Status: Approved
Provider Number: 20536
Credit Type: General
Credit Amount: 2
Course Type: On Demand
Course Expiration: 12/31/2026
Status: Approved
Provider Number: SPROUT
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/20/2027
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2025
Status: Approved
Credit Type: General
Credit Amount: 2
Course Type: On Demand
Course Expiration: 12/31/2025
Status: Approved
Provider Number: 1052222
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 12/31/2025
Status: Approved
Provider Number: 8722
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 05/24/2025
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 07/17/2025
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/20/2025
Status: Approved
Provider Number: SPR0001
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 04/26/2025
Status: Approved
Provider Number: 111648
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2025
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2025
Status: Approved
Provider Number: 7925
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/30/2025
Status: Approved
Provider Number: 9640
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/18/2025
Status: Approved
Provider Number: 4354
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration:
Status: Pending, Submitted for Accreditation
Provider Number: 2593
Maryland attorneys do not have MCLE requirements.
Massachusetts attorneys do not have MCLE requirements.
Michigan attorneys do not have MCLE requirements.
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 07/11/2025
Status: Approved
Provider Number: 0012487
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 05/08/2025
Status: Approved
Credit Type: General
Credit Amount: 1.8
Course Type: On Demand
Course Expiration: 06/19/2027
Status: Approved
Provider Number: 150036
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2027
Status: Approved
Provider Number: 5420
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2026
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 12/31/2027
Status: Approved
Provider Number: 55391
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2027
Status: Approved
NHMCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. The provider believes this course meets the requirements of NH Supreme Court Rule 53 and may quality for 60 minutes toward the annual NHMCLE requirement. New Hampshire attendees must self-determine whether a program is eligible for credit, and self-report their attendance.
Credit Type: General
Credit Amount: 1.8
Course Type: On Demand
Course Expiration: 04/30/2025
Status: Approved
Provider Number: 3332
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/03/2025
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2027
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Expiration: On Demand
Expires: 02/28/2026
Status: Approved
Provider Number: 9370
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2027
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 12/31/2025
Status: Approved
Provider Number: 19607
Credit Type: General
Credit Amount: 2
Course Type: On Demand
Course Expiration: 05/28/2025
Status: Approved
Provider Number: 4528
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration:
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration:
Status: Not Approved
Provider Number: 12497
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Expires: 06/30/2025
Status: Approved
Provider Number: 00959
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 12/31/2025
Status: Approved
Provider Number: SPROU
South Dakota attorneys do not have MCLE requirements.
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/18/2025
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 04/26/2025
Status: Approved
Provider Number: A17672
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 12/31/2025
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2025
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration:
Status: Not Approved
Credit Type: General: Other
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/18/2029
Status: Approved
Provider Number: 9903940
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration: 06/19/2027
Status: Approved
Credit Type: General
Credit Amount: 1.5
Course Type: On Demand
Course Expiration:
Status: Not Approved
Profitable Alternatives to the Billable Hour (7.1 MB) | Available after Purchase |
Lauren Lester is a solopreneur who supports clients in Colorado through life’s milestones with her firm Lester Law. She is also passionate about the business of law and helping lawyers build profitable practices they love, leading her to co-found A Different Practice, which develops practical resources on how to ditch the legal profession’s antiquated approach and optimize your law firm for growth and enjoyment. Her commitment to making the law more accessible and understandable also led Lauren to create LawGuides to help Coloradans navigate the court system with more confidence and control. She is an active member of several legal organizations and is a Board Member of Legal Entrepreneurs for Justice and a volunteer with Metro Volunteer Lawyers, providing assistance to low-income clients with divorce and custody matters.