Episode 53 of the Legal Tech StartUp Focus Podcast -- A Conversation with Mathew Kerbis, founder of Subscription Attorney and evangelist for the subscription legal services business model
Mat Kerbis founded Subscription Attorney LLC to offer legal services through recurring monthly fees rather than hourly billing; in that way better aligning incentives between lawyer and client.
Going solo allowed Mat the freedom to innovate with new billing models, which is harder at larger firms wedded to the billable hour.
The subscription model expands affordable access to legal help, helping close the "justice gap."
Mat leverages legal tech and other automation strategies to work efficiently and keep costs low as a virtual solo practitioner who charges on a subscription basis.
When developing their product offerings, legal tech companies should consider the needs of subscription model law firms as a growing niche.
An "all-in-one" solution tailored to subscription law firms could integrate practice management, document automation, intake, billing, etc.
Mat's "Law Subscribed" podcast profiles lawyers using alternative fee arrangements and also features the tech enabling new models beyond the billable hour.
The legal industry needs new models like subscription-based billing as it competes for talent against fields with better lifestyles and fewer grueling hours.
Mat aims to spread the subscription model to save the legal profession and head off competition from alternative legal services.