The Lawyer Millionaire: Financial Planning for Law Firm Owners
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Legal Billing That Doesn’t Suck: Gwen Griggs’ Innovative Pricing Model (Ep. 75)
Are you a law firm owner seeking to maximize your profitability and transform your business model? This episode of The Lawyer Millionaire Podcast is your gateway to innovative strategies and actionable insights that can drive your firm to new heights.
In our latest episode, host Darren Wurz engages in a compelling conversation with Gwen Griggs, the trailblazing founder of Advos Pro and Advos Legal.
Gwen discusses her revolutionary approach to law firm management and profitability, emphasizing the limitations of the traditional billable hour model and introducing her forward-thinking, deliverables-based pricing strategy.
Gwen discusses:
- How to accurately predict project scope and handle changes effectively.
- The drawbacks of the billable hour model and the benefits of transitioning to a deliverables-based approach.
- The importance of investing upfront to ensure long-term profitability.
- Essential tips on transitioning and automating repeatable tasks to enhance efficiency and client satisfaction.
- The benefits of agile methodology and how they can be applied to legal services.
Resources:
- Book a Call with Darren
- Wurz Financial Services
- The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz
- LinkedIn: Darren P. Wurz
Connect with Gwen Griggs:
- Linkedin: Gwen Griggs
- Website: ADVOS Pro
- Website: P3 Method
- Website: ADVOS Legal
- Website: ADVOS Pro Resources
About our guest:
Gwen Griggs, co-founder of ADVOS legal and ADVOS Pro, has a background in Big Law and C-suite roles. In ADVOS legal, she and her partner built a new model, that – instead of hours – measures what matters to the client, team, and owner. (Click here for more about Gwen’s legal experience.) With ADVOS Pro’s training and systems, they help other firms break up with the outdated billable hour model and begin measuring their worth in expertise and results.
Gwen’s superpowers are big-picture vision and client experience. At ADVOS Pro, she is leveraging her powers to transform the legal industry, so it delivers an incredible, fulfilling experience for lawyers and their clients