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Home > Ditching Hourly > Mitch Kowalski - Helping Law Firms Ditch Hourly Billing
Podcast: Ditching Hourly
Episode:

Mitch Kowalski - Helping Law Firms Ditch Hourly Billing
Category: Business
Duration: 00:38:24
Publish Date: 2023-03-07 11:00:00
Description:

Legal operations advisor and law professor Mitch Kowalski joined me on Ditching Hourly to talk about innovation in the legal profession, including alternatives to hourly billing.

Talking Points

  • The history of hourly billing in the legal profession
  • Transparency in pricing (and why hourly billing isn't transparent at all)
  • The perverse incentives of hourly billing
  • Why billing hourly short changes you if you are good at what you do
  • The importance of breaking a big project into small chunks
  • Why lawyers remain in the “dark ages,” technologically speaking
  • The mental health effects of hourly billing
  • ”Working toward the price”
  • Price as an initial design constraint
  • Reverse engineering your costs to support your desired pricing

Mitch’s Links
Total Play: 0