Law Firm Articles

Pricing Legal Services

Billing for legal services is an art, whereas pricing is more of a science. The art of billing includes bill timing, format, presentation and follow-up, in accordance with client desires, preferences and expectations. Pricing legal services, hourly or by some alternative means, requires disciplined consideration of the micro-economics of law practice, of a firm’s competitive marketplace position and strategic direction, and of client perceptions of value.

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