While individual firms may have different business models, most firms with subscription-based pricing options operate in the same basic way: clients pay a monthly fee for a fixed number of projects, hours or legal tasks.
These subscription models offer a fiscally prudent solution for clients who require regular legal services but can’t afford potentially large bills for every project. Small businesses in particular seem to be particularly fond of these subscription arrangements. That’s because, in addition to the peace of mind that a predictable bill brings, monthly billing often offers a reduced rate for the services rendered.
You can read a more in-depth analysis on the topic here: Law Firm Subscription Models: A Potential Solution to an Age-Old Problem
Your subscription to our Lexis Legal Advantage Online Community is confirmed !