Episode Description
In this episode of The Legal CFO, Ryan Kimler, founder of Net Profit CFO, explores how law firms can rethink their pricing models to move beyond traditional hourly billing. Ryan breaks down flat fees, subscription models, and value-based billing—highlighting which practice areas benefit most, where to avoid risks, and how firms can remain profitable while keeping clients happy.
From understanding client psychology to calculating capacity and profitability, Ryan shares strategies that help firms stabilize cash flow, improve client satisfaction, and scale with confidence. Whether you’re considering a switch or just want to optimize your existing billing system, this episode provides a roadmap for sustainable growth.
Key Timestamps00:02:10 – Why law firms are moving away from hourly billing 00:05:30 – The challenges of subscription pricing in legal services 00:07:40 – Value-based billing vs. flat fee pricing 00:10:15 – When flat fee billing works—and when it doesn’t 00:13:00 – How to calculate profitability in new pricing models 00:15:30 – Tools and systems for managing flat fee billing 00:17:30 – Testing and refining your billing structure
About the Show:
The Legal CFO is a podcast designed to give law firm owners the financial clarity they need to grow confidently. Featuring Net Profit CFO founder Ryan Kimler, each episode delivers practical strategies for smarter operations, improved profitability, and peace of mind — turning law firm finances from a headache into a growth engine.
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