As you know Pricing is now perhaps the hottest topic in the legal sector. That's because if you get it right it is one of the key drivers for a successful and profitable law firm.
Clients are now much more sophisticated and cost conscious. They want to engage in the issue of pricing. They want to be given options and that's not just an hourly rate or fixed fee. They also want greater correlation between price and perceived value. It's a myth to think they are shopping around for the best deal - they are looking for transparency, certainty and manageability.
However there is a problem:
Lawyers don't like talking about money
Lawyers undervalue themselves
Lawyers lack pricing confidence
Our Pricing Masterclasses can change all of that. They are led by former CEOs of top law firms who've embedded pricing into their firms Not only are the twenty pricing strategies taught, but just as important, the challenges and pitfalls of embedding a pricing strategy into a law firm are shared.
It's a real investment with each and every firm we've worked with showing a return on investment many multiples of the cost of the Masterclass. In short, not only are law firms making more money but they're having happier clients. On average they're increasing their bottom line by 25%.
Perhaps this is something you should consider?
Here's what some of the firms who've worked with us have said:
Shirley Tull, Partner at Wollen Michelmore: "Absolutely brilliant game changer"
Richard Lane, Managing Partner, Wright Hassall: “The workshop was very good on many levels and was certainly very worthwhile - so much so that we have already booked another 2 days for a further 15 people. Tim Aspinall delivered the session extremely well and kept everyone engaged and attentive throughout. Having experienced this workshop at first hand, it is certainly critical to get our senior people right behind it and experience the workshop’s true value. They have to be seen to be doing it and changing what they do to embrace all the benefits. Having booked further days, I am sure that this in itself says it all !"
Marie Horner, Partner Harrowells: Very insightful, eye opening three days, arming delegates with practical skills to increase fee earning potential. I feel empowered for future costs' conversations and have already put them into practice less than 24 hours after the course finished. Thank you.
Lindsey Kidd, Partner, Hillyer McKeown LLP: The value pricing training exceeded expectations. Without exception, the delegates attending the training were excited and enthused about what they learnt, describing the methodologies which they came away with as ‘enlightening’ and ‘game changing’.
Chris Randall, Chief Executive, Mayo Wynne Baxter: Nigel Haddon delivered an excellent and entertaining pricing workshop to the firm which convinced even the most sceptical people in the group that there were some really positive benefits that could be achieved by using some of the ideas presented to us. Nigel has the advantage of speaking from experience and with the authority of knowing that with the right approach, and using the techniques he spoke about, considerable progress can be made in achieving better results for us and our clients.
Derek Rodgers, Managing Partner, Gardner Leader: Even before we had finished the Burcher Jennings workshops, there was a marked change of approach from all the attendees and a real enthusiasm for the new ways of thinking which we were learning. Nigel Haddon presented the workshops in a way that was engaging, practical and convincing. I have no doubt that both we and, more importantly, our clients are going to see real and significant benefits from this.
Chris Murratt, Finance Director at Actons: “Having recently organised for Burcher Jenning’s pricing skill workshops to be delivered to senior colleagues, the team and I were delighted with the results and the insight gained. Our main purpose was to achieve expert guidance on our pricing strategy to remain in line with our clients’ objectives and needs. The event provided that and more. Nigel Haddon, who led the workshop was an excellent and enthusiastic presenter who clearly talked from broad practical experience, and kept everyone engaged throughout. The personalised approach offered by Burcher Jennings was invaluable as the workshop was tailored according to what would work best for our firm’s offering to all our valued clients. Putting what we discussed into practice has resulted in happy clients and happy lawyers and we are consistently offering bespoke solutions to clients which has strengthened our relationships with our clients.
For more details about pricing masterclasses contact Martyn Jennings by email at email@example.com or by telephone on 07771 778099.