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4. For Lawyers: Why Do Clients Always Complain About Legal Fees?

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Manage episode 344409492 series 3392664
Inhoud geleverd door SeedJura. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door SeedJura of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

In this episode directed primarily towards lawyers, Phyllis helps illustrate lawyers' need to convey the value they bring to a situation, so that clients can better understand the price of lawyers' services.

Geneve and Phyllis highlight where there’s a disconnect between clients' and lawyers' perceptions of legal fees:

  • Clients only see the price tag associated with lawyers and not the value and experience lawyers bring to the table

  • Clients don’t feel like they’re given options with fees

Next, Geneve and Phyllis propose solutions on how lawyers can better communicate with their clients when discussing their fees:

  • Lawyers need to understand the business and services of their clients so they can approach the conversation with insights into clients' specific legal needs

  • To help lawyers better communicate their own value, Geneve reviews the Value Chart highlighted in EP03, which explains the many layers of value a lawyer can offer (a further explanation can be found in the the 3rd episode of SeedJura: Decoding Law ("Why Are Lawyers So Expensive?")

  • Understanding a client’s budget is essential when first establishing a client relationship

  • Lawyers must communicate both expected fees and any cost overages that arise outside of the initially negotiated rate

Next Week's Episode: Geneve will lead a discussion aimed at clients that asks the question, "What Do Lawyers Actually Do?"

Please subscribe to SeedJura: Decoding Law on your favorite podcast player!

Visit SeedJuraGroup.com

SeedJura on LinkedIn (company/seedjura/)

  continue reading

16 afleveringen

Artwork
iconDelen
 
Manage episode 344409492 series 3392664
Inhoud geleverd door SeedJura. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door SeedJura of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

In this episode directed primarily towards lawyers, Phyllis helps illustrate lawyers' need to convey the value they bring to a situation, so that clients can better understand the price of lawyers' services.

Geneve and Phyllis highlight where there’s a disconnect between clients' and lawyers' perceptions of legal fees:

  • Clients only see the price tag associated with lawyers and not the value and experience lawyers bring to the table

  • Clients don’t feel like they’re given options with fees

Next, Geneve and Phyllis propose solutions on how lawyers can better communicate with their clients when discussing their fees:

  • Lawyers need to understand the business and services of their clients so they can approach the conversation with insights into clients' specific legal needs

  • To help lawyers better communicate their own value, Geneve reviews the Value Chart highlighted in EP03, which explains the many layers of value a lawyer can offer (a further explanation can be found in the the 3rd episode of SeedJura: Decoding Law ("Why Are Lawyers So Expensive?")

  • Understanding a client’s budget is essential when first establishing a client relationship

  • Lawyers must communicate both expected fees and any cost overages that arise outside of the initially negotiated rate

Next Week's Episode: Geneve will lead a discussion aimed at clients that asks the question, "What Do Lawyers Actually Do?"

Please subscribe to SeedJura: Decoding Law on your favorite podcast player!

Visit SeedJuraGroup.com

SeedJura on LinkedIn (company/seedjura/)

  continue reading

16 afleveringen

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