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S4 E75 Why flat fees are more profitable for small law firms
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Is your law firm charging by the hour? That doesn't mean you can't meet its financial goals. However, there are often much more profitable alternatives, such as flat fee arrangements to consider. Especially if growing and scaling your legal practice is something you’re focused on.
So, why aren’t law firms jumping on that bandwagon? Despite what you might hear from the hourly billing community, many law firm clients are looking for a fixed price, or flat fee agreement, with their legal teams.
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