Pricing, Profits, and Payment Plans with Richard Formoe - 184
Pricing, Profits, and Payment Plans with Richard Formoe - 184

Pricing, Profits, and Payment Plans with Richard Formoe - 184

Jad Abu Ali

68 min
Business & Finance
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Description

<p><span style="font-weight: 400;">Shownotes can be found at</span> <a href="https://www.profitwithlaw.com/184"><span style= "font-weight: 400;">https://www.profitwithlaw.com/184</span></a><span style="font-weight: 400;">.</span></p> <p> </p> <p><span style="font-weight: 400;">Have you ever put yourself in your client’s shoes? Your client’s personal experience may be something you’re not used to or even aware of. Recent surveys show a miscommunication between what clients want and what lawyers think their clients want. How can we bridge that gap with payment plans? </span></p> <p><span style="font-weight: 400;">In this episode, Richard Formoe joins Moshe Amsel to talk about changing our model into flat-fee pricing. He also discusses how multiple payment plans can give power and transparency to clients. Making life easier for our clients should not harm our business. In fact, by making things convenient and affordable, we can drive up revenue and even save precious time!  </span></p> <p><span style="font-weight: 400;">If you want to know more about improving your pricing and payment plans, then this episode is for you.</span></p> <p><br /> <br /> <br /></p> <p><span style="font-weight: 400;">Resources mentioned:</span></p> <p> </p> <p><span style="font-weight: 400;">This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at</span> <a href="http://lawfundar.com/profitwithlaw"><span style= "font-weight: 400;">lawfundar.com/profitwithlaw</span></a><span style="font-weight: 400;">.</span></p> <p> </p> <p><span style="font-weight: 400;">This episode is sponsored by NOTA powered by M&T Bank. You went to law school to be a lawyer, not an accountant.  Take advantage of Nota - a no-cost IOLTA management tool that helps solo and small law firms track client funds down to the penny.  Enjoy peace of mind with one-click reconciliation, automated transaction alerts, an

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