Where’s the Value?
Ask anyone. It’s all about value these days. We have entered an era where costs no longer determine the price of legal services. Value determines the price. The drive to achieve value is challenging the status quo in the legal services industry. Historically, lawyers have set the price for their legal services by determining their costs; and then adding their profit margin in order to arrive at the final price for their services. Isn’t this the antithesis of the way in which most other industries determine the price for their goods and services?
For most other industries, the price for . . . [more]
