Pricing Legal Services: Practice guide
Course Overview
When it comes to pricing, managing the expectations of all stakeholders requires considerable preparation. Pricing legal work also requires a practical understanding of law firm economics and the related profitability variables of law firm culture.
At the end of this course, you’ll be able to:
- Explain the primary components of effective pricing
- Explain the economic and psychological factors influencing the pricing of legal services
- Critique different pricing strategies in the legal services market
- Develop a strategy for a legal practice to adopt new pricing techniques
The course contains content that falls within the mandatory CPD categories of Practice Management and Business Skills and Professional Skills.
Course Structure
- Introduction to pricing legal services
- The psychology of pricing
- Types of fee arrangements and pricing techniques
- Applying pricing techniques
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Frequently Asked Questions
The course contains content that falls within the mandatory CPD category of:
- Practice management and business skills; and
- Professional skills
With our online on-demand interactive courses, you can learn when and where it suits you. We’ve designed each course to provide both education and enjoyment.
Each course offers a mix of engaging exercises, where you’ll gain access to:
- Interactive activities to challenge your understanding and put your knowledge to the test. You’ll also enjoy engaging exercises, such as flip cards, quizzes and drafting activities.
- Clearly identified outcomes so you know precisely what you’ll learn – and the skills you’ll gain. You’ll also be able to track your development and focus on key improvement areas.
- Extended course access so you can reference the material as you need – or revisit it should life get in the way.
- Feedback and template answers so you can refine your skills, grow your knowledge and gain fresh insights.
Access each module on the College’s learning portal. When you buy a single, you’ll have 24/7 unlimited access for 12-months from the date of purchase.
Does this educational activity extend your knowledge and skills in areas that are relevant to your practice needs or professional development?
If so, and you’re not a WA practitioner, you should claim 1 unit for each hour of participation, not including breaks.
Please check your local CPD rules for any caps on activity types, such as the private study of non-interactive audio/visual materials. You are responsible for keeping your own CPD records and complying with your local CPD rules.
No. Western Australian practitioners who complete our on-demand courses are currently unable to claim CPD points.
However, you may earn CPD points by attending select live CPD events or by completing select CPD Interactive modules.