It's fascinating to read about the big City of London law firms having to adapt to agile pricing. They're pretty stuck on very high overheads despite some firms opening back offices in cheaper locations such as Belfast and Manchester. It limits their flexibility and so their ability to be agile and innovative on pricing. At Halebury we're structured to facilitate new pricing methods. We go for bespoke, innovative pricing solutions worked out in line with clients' project and overall budget with a flexible pricing model. We can do this as we've kept overheads low whilst ensuring our lawyers are top quality.
“The rewards of pricing that aligns the interests of both the client and the law firm are massive on both sides. They lead to much higher client satisfaction scores, noticeably higher profits for the firm and an enhanced market reputation, which leads to greater success in winning new work.