3min chapter

Ditching Hourly cover image

John Strohmeyer - Packaging And Selling Legal Services On A Fixed-Fee Basis

Ditching Hourly

CHAPTER

How to Make Money on a Flat Fee Basis

A retainer is prepayment for a bucket of hours. It's not our money, but I am responsible for it. And also they don't have it. You know where it is and you've got control over it. So my job is to make sure every week we're pulling out enough money so that we're doing the work.

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