Burcher Jennings Quarterly Pricing Forum - hosted by Morton Fraser Lawyers (Edinburgh)
The Burcher Jennings quarterly Pricing Forum is an invitation-only event for UK law firms. There is no cost to belong to the Forum and anyone from your firm that has a serious interest in pricing (partners, management, support professionals), whatever their involvement or perspective, is very welcome.
Pricing Strategy and the Hourly Rate
The presentation will be given by Richard Allen, Senior Consultant and Costs Lawyer.
Richard has over 30 years’ unique litigation and costs experience, being one of the first to achieve Costs Lawyer status and make partner in a solicitor’s practice. Richard has vast experience handling significant litigation and costs caseloads for major law firms, establishing and managing several costs departments nationally, including a top 50 practice, and having a central role managing a regional solicitors’ practice.
Richard specialises in boosting profitability, focusing on costs, pricing and funding, both in the UK and internationally. As an experienced trainer, he delivers Burcher Jennings’ Pricing and Costs Masterclasses and develops bespoke training programmes for clients.
He is a founding non-executive director of the Costs Lawyer Standards Board and an accredited mediator. Richard is a regular lecturer with MBL Seminars and is a consultant with Validatum, the leading international legal services pricing consultancy.
What you can expect:
A brief introduction to...
• What legal pricing is all about
• What we do wrong in practice and how to fix it.
• The pros and cons of the hourly rate
• How to make the most of hourly rate billing
• What you and your clients are missing out on by sticking to hourly rates
• How embracing alternative fee arrangements is a win-win for you and your client
• Overcoming internal resistance and making it work
Note: The content will be pitched at introductory/intermediate level but there will also be valuable insights for those whose pricing function is more evolved.
8:30am to 9:00am - Coffee, pastries and networking
9:00am to 9:45am - Presentation (prompt start)
9:45am to 10:00am - Q&A and general discussion
Finish at 10:00am sharp