Is Value-Based Pricing the Future of Legal Services? 🚀🐧💛

Dive into the latest episode of the Legally Speaking Podcast ™️, powered by Clio - Cloud-Based Legal Technology, featuring Shaun Jardine, the innovative mind behind Big Yellow Penguin.

Discover why his approach to value-based pricing is reshaping legal billing practices and what it means for the future of legal services.

Why This Matters:

🎧 Journey of a Legal Innovator: Explore Shaun's shift from traditional billing to value-based pricing.

📚 Effective Firm Management: Gain leadership insights from a seasoned CEO of a Top 200 Law Firm.

💡 Revolutionary Pricing: Understand how value-based pricing is transforming legal services.

🤖 AI's Role: Discover the significance of technology in evolving legal practices.

📖 Kotter's 8 Steps of Change Management: Learn about a model linked to implementing strategic changes effectively.

🤝 The VBP Colony: Find out about a community united in innovation and progress.

Shaun, a solicitor since 1985 and early adopter of mediation, has led with innovation, notably through his book "Ditch the Billable Hour," advocating for a move towards efficiency and client-centric billing. This episode delves into how AI could be the catalyst for abandoning the billable hour, steering the legal profession towards a more equitable and efficient model.

Key Takeaways:

- Mediation and value-based pricing's impact on the legal profession.

- Strategies for overcoming leadership challenges within law firms.

- The critical role of AI and technology in advancing legal services.

Shaun emphasises, "The slowest horse wins the race in an hourly billing model. Let's change this."

His insights offer a roadmap for legal professionals seeking to navigate the evolving landscape of the legal industry.

🎧 Don't miss this thought provoking and engaging discussion. OUT NOW on your preferred podcast platform!

🔗 Get Shaun's book "Ditch the Billable Hour" and start revolutionising your legal practice today!

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