Law Subscribed (98.5) Alternative Fees with The Godfather of Legal Pricing, Toby Brown
Nov 12, 2024
Toby Brown, known as the "Godfather of Legal Pricing," is a trailblazer in alternative fee arrangements and legal project management. He delves into the evolution of legal pricing, advocating for innovative strategies that move away from billable hours. Toby emphasizes the importance of viewing legal services as profit centers and discusses the challenges of transforming traditional billing practices. With a blend of humor, he contemplates food classifications while also addressing serious market trends shaped by technology, particularly in the automotive and personal injury sectors.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 1min
Evolving Legal Pricing Strategies
01:28 • 7min
Innovating Legal Pricing Strategies
08:50 • 17min
Reframing Legal Services: From Cost Center to Profit Center
26:07 • 4min
Transforming Legal Billing Practices
29:45 • 24min
Food Classifications and Market Trends
53:51 • 2min
The Impact of Technology on Personal Injury and Insurance
55:29 • 2min