165: Flat Fee Billing & Other Alternatives (with Kristin Tyler)

Historically, the flat fee was the only "ethical fee" for lawyers. Now, it's more often the most sensible type of fee—both for clients and lawyers. The question is: what kind of flat fees are most successful and profitable for lawyers?

In this episode, Kristin Tyler shares insights gleaned from her own practice and from helping other lawyers understand the ins and outs of flat fee billing (and eight other alternative billing methods).

Show Notes

• How to Flat Fee Bill As a Lawyer, Kristin Tyler's blog article (discussed in depth during this episode)
• Outsourced Lawyer Work: Episode 69 of LFA Podcast (Kristin Tyler discusses LawClerk Legal project-based services)
• Subscription Outsourcing of Legal Work: Episode 136 of LFA Podcast (with Kristin Tyler discusses LawClerk Legal subscription services)
• The Checklist Manifesto: How to Get Things Right, by Atul Gawande
• Asana (online project management service)
• Being a Mom While Creating Law Practice: Episode 164 of the podcast (with Kim Felton)
• 2021 Virtual Small Firm Bootcamp (where attorney Andrew Legrand explained how he implemented subscription-based billing for his business law practice)
• Kristin Tyler's email address: ktyler@lawclerk.legal
• Kristin's Twitter address: https://twitter.com/KristinTyler

General Resources

• The 80/20 Principle (my email newsletter)
• The 5 Pillars of a Tech-Powered Law Practice
• The Inner Circle (an online community for law firm owners)

Thanks to Our Sponsors

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EPISODE CREDITS:

If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.

He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.

Find out more at EmeraldCity Pro.