Production Number: Is There an Alternative to Legal Services?

Legal consumer habits are shifting under the feet of attorneys; and, law firms, rooted in tradition, are feeling the pressure to reduce prices and overhead, while increasing service.  Part of this legal consumer revolution involves the rise of DIY clients, who want to do more, without the involvement of lawyers, because they’re cost-sensitive.


 

Law firms responding to these pressure points are doing so in a number of ways.  More and more lawyers are installing subscriptions services (think: your Netflix account), and offering products, in addition to services.  Everyone knows what subscription services are; but, applying them to law firms is a relatively new thing.  Adding legal ‘products’ to your law firm menu (think: LegalZoom’s selling of documents) is something that law firms can do, but often won’t or don’t do -- even if it’s a way to capture revenue from the increasing number of DIY legal clients who would never, otherwise, hire a law firm. 

 

If you’re looking for more information about how to install product offerings into your law firm, or are interested in subscription services, check out my article on the topic, and this recorded webinar, to take a deeper dive. 

 

. . . 

 

And, if you decide that now is the time to take a second look at your current pricing structure, don’t hesitate to contact us. 


Through a unique partnership between the bar association and Jared Correia's Red Cave Law Firm Consulting, National Creditors' Bar Association members now have access to experienced law practice management consultants at a special discount rate. To get started, visit Red Cave's NCBA landing page, and start running your law practice like a business.

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