Have you ever heard the saying that an entrepreneur is someone who jumps out of a plane and figures out how to work the parachute on the way down? Well, making the move away from hourly billing felt a lot like that for me. There was no instruction manual or established system like AltFee to tell us how to do it. We just had to figure it out, navigate the challenges, and learn as we went.

While talking with Jason, I got to tell the full story of Digby Leigh & Co.’s move away from the hourly billing model; accordingly I wanted to share this podcast with you.

When you are not pricing by the hour, wrapping your head around how to come up with up-front, fixed fee pricing for commercial litigation, M&A transactions or other complex unpredictable matters can feel challenging and uncertain. How can I possibly price these types of projects and not be wide open to “working for free”?

When you are not pricing by the hour, wrapping your head around how to come up with up-front, fixed fee pricing for commercial litigation, M&A transactions or other complex unpredictable matters can feel challenging and uncertain. How can I possibly price these types of projects and not be wide open to “working for free”?

When you are not pricing by the hour, wrapping your head around how to come up with up-front, fixed fee pricing for commercial litigation, M&A transactions or other complex unpredictable matters can feel challenging and uncertain. How can I possibly price these types of projects and not be wide open to “working for free”?

When you are not pricing by the hour, wrapping your head around how to come up with up-front, fixed fee pricing for commercial litigation, M&A transactions or other complex unpredictable matters can feel challenging and uncertain. How can I possibly price these types of projects and not be wide open to “working for free”?