Whether you’re a start-up, a sole practitioner or the partner of a well established or rapidly growing law firm, selecting a billing model requires careful consideration. While it’s important to select a billing model that provides your firm with the greatest potential for profitability, it’s equally as important to choose a billing model that suits the needs of your clients.
Value billing is now a popular billing model that is fast gaining traction. While there are variations of the value-based model of billing, all have one thing in common – clients are billed for value of the services you provide, rather than strictly for the time you have spent on a task or matter.
This whitepaper will cover:
- The fundamentals of Value Billing
- The 3 ways that value billing can improve your client service
- Practical considerations to keep in mind when moving to a value-based model of billing
Download our complimentary whitepaper now to learn what a value billing model can do for your client service, revenue stream and internal processes.