For cutting edge pricing strategies and tools from leading architects of legal services pricing practice, contact us today.
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Richard Burcher - Managing Director
richard.burcher@validatum.com +44 (0) 7585 637 617 -
Maureen Chong - Chief Operating Officer
maureen.chong@validatum.com +44 (0) 7739 517 677 -
51 Rowan Lodge
Chantry Square
Kensington
London W8 5UJ
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Latest Articles and Events
Where’s the legal services pricing puck heading?
Where’s the legal services pricing puck heading? is a compelling interview with Richard Burcher, the leading authority on pricing legal services and contributor to the Dialogue on Remaking Law Firms.
Validatum Pricing Espresso® - (4th November 2019)
With Validatum Pricing Espresso® we aim to bring you your regular pricing 'shot' - the best, most interesting, thought provoking and informative material we can find globally which will be of interest, relevance and help to you in your legal services pricing challenges. [Note: we don't always agree with the content of others that we post but the philosophy of Validatum Pricing Espresso® is shared perspectives, not a personal 'soap-box']
Billable Hours Targets & Bonuses: A Greater Misalignment of Interests is Difficult to Conceive
We have written and lectured extensively on previous occasions about law firms misaligned meritocracy structures and the capacity for that misalignment to encourage pricing behaviour that is sub-optimal for both the client and the firm. So, kudos to someone of the standing of Annette Kimmitt, the CEO of Minter Ellison, Australia’s largest law firm, who recently called out the billable hour as a poor measure of "client impact" as a result of which the firm proposes to revisit the way it acts as a "gateway" to bonus payments. (Australian Financial Review).
