Attorney at Work Today

Annual Legal Fee Increases: 5 Ways to Make It Easier

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If you’re not increasing your legal fees regularly, you’re taking a pay cut. Here are five essential steps to ensure your annual legal fee increases are thoughtful, fair and easy to implement.

 

This episode of Attorney at Work Today is brought to you by the new podcast and YouTube series Legal Late Night with Jared Correia.  Follow Legal Late Night on Apple, Spotify, or YouTube.



Adapted from an article by David Skinner and Karen Skinner.


Click here to read the full article, and head to Attorney at Work for more really good ideas.

  • (00:00) - Why fee increases are a necessary part of your business practice
  • (01:15) - Building fee evaluations into your annual planning process
  • (01:52) - How to approach calculating fee increases
  • (02:50) - How to communicate fee changes to clients
  • (04:09) - Reinforce your value with every client interaction
  • (05:14) - Start now

    • Additional Resources:

    When Potential Clients Ask About Your Fees

    Do You Dread the Annual Planning Process? 5 Ways to Make It Easier

    Small Firm Hourly Rates by State and Practice Area


       

    Music is “Pillar” by Shimmer

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