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In this podcast, Richard James and Michael Strauch explore pricing and quality in law firms. They caution against price-based marketing, emphasize the importance of appropriate fees, and discuss the drawbacks of competing solely on lower prices. They highlight the significance of delivering value to clients and how raising prices can improve conversion rates and client retention. Whether bankruptcy, family law, or any legal field, this episode offers insights on balancing pricing and quality.
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In this podcast, Richard James and Michael Strauch explore pricing and quality in law firms. They caution against price-based marketing, emphasize the importance of appropriate fees, and discuss the drawbacks of competing solely on lower prices. They highlight the significance of delivering value to clients and how raising prices can improve conversion rates and client retention. Whether bankruptcy, family law, or any legal field, this episode offers insights on balancing pricing and quality.
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