#554: Competence and Diligence in Light of Changing Laws and Regulations

Attorney Craig Dobson, an expert on ethics and professional responsibility, joins Stephanie Everett to talk about the ethical and professional responsibility concerns lawyers face in a rapidly evolving legal landscape. They discuss how solo and small firm attorneys can stay compliant while leveraging new tools, the importance of confidentiality and competence, and the fundamental need to maintain diligence in your practice. Craig and Stephanie examine alternative fee structures beyond just hourly billing and provide guidance on ethical practices around lawyer pricing models. Craig also shares how he’s approaching billing in his own practice and why lawyers need to be proactive about understanding the risks. 

Read Craig’s article: Overview | Full Article 

Listen to our other episodes about ethics and alternative billing practices:  

• #350: Ethics in Your Business: It's More than Regulations, with Susan Liautaud Apple Podcasts | Spotify | Legal Talk Network 
• #488: The Power of Value-Based Pricing, with Shaun Jardine Apple Podcasts | Spotify | Lawyerist  
• #543: What Lawyers Need to Know About the Ethics of Using AI, with Hilary Gerzhoy Apple Podcasts | Spotify | Lawyerist 
• #547: Legal Tech You Need for Flat Fees, with Adriana Linares Apple Podcasts | Spotify | Lawyerist 

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Chapters: 

00:00 Introduction  

00:18 Lawyerist Coaching 

05:22 Expense Tracking in MyCase  

10:01 Integrating Finance with Practice 

14:54 Immigration Law and the Current Administration 

17:53 Specialization and Maintaining Competence Across Multiple Areas 

22:39 Lawyer Pricing Models in an Era of Uncertainty 

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