Law Firm Pricing is More Bespoke Than You Think

In this episode of the PERSUIT podcast, host Chris Albrecht speaks with Maui Gevero, Senior Manager for the Legal Advisory Team at PERSUIT. They discuss the evolving landscape of client-firm relationships, the intricacies of law firm pricing strategies, and the critical role of communication in legal services.

The conversation also delves into the impact of AI on legal work and how it is reshaping the dynamics between clients and firms. Insights from the PERSUIT Exchange event highlight the need for proactive communication and collaboration to enhance these relationships.

Topics include:

• The client-firm relationship is often tense due to pricing pressures.

• Law firms can adopt bespoke pricing strategies tailored to client needs.

• Clients should articulate their priorities to foster collaboration.

• Clients are becoming more informed about AI capabilities.

• Both firms and clients need to initiate communication proactively.