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What do clients want to see when law firms set their rates for legal matters?

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Content provided by Thomson Reuters Institute and Thomson Reuters Institute Insights podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Thomson Reuters Institute and Thomson Reuters Institute Insights podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

In the latest Thomson Reuters Institute (TRI) Insights podcast, nationally recognized legal services procurement experts Audrey Rubin, formerly of Aon, and Justin Ergler, formerly of GlaxoSmithKline, join host Bill Josten, TRI’s senior manager for legal content, to discuss clients’ perspective on law firm rates in 2024 and what they wish law firms would consider in setting rates for 2025.

In a conversation that ranges from rates, to revenue, profits, cost recovery, and alternative fee arrangements, the podcast illuminates valuable insights on how law firms can focus not only on the rates they charge their clients, but on how they can deliver greater value while also making higher profits.

  continue reading

197 episoade

Artwork
iconDistribuie
 
Manage episode 439378533 series 2406437
Content provided by Thomson Reuters Institute and Thomson Reuters Institute Insights podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Thomson Reuters Institute and Thomson Reuters Institute Insights podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

In the latest Thomson Reuters Institute (TRI) Insights podcast, nationally recognized legal services procurement experts Audrey Rubin, formerly of Aon, and Justin Ergler, formerly of GlaxoSmithKline, join host Bill Josten, TRI’s senior manager for legal content, to discuss clients’ perspective on law firm rates in 2024 and what they wish law firms would consider in setting rates for 2025.

In a conversation that ranges from rates, to revenue, profits, cost recovery, and alternative fee arrangements, the podcast illuminates valuable insights on how law firms can focus not only on the rates they charge their clients, but on how they can deliver greater value while also making higher profits.

  continue reading

197 episoade

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