the value pricing
advantage
A business model where the firm proposes a fixed price for a fixed scope of work to the client
Applying a strategic and project management style approach to legal matters
The client is provided with different options with a choice of scope and price
The prices are based on the value to be created for the client by the work being performed
Unlike ‘menu’ or ’list’ pricing, the price is customised to the client
Involves an upfront conversation with the client about expectations, desired service level, objectives and budget
The firm and the client’s goals are aligned
The engaged option of work forms part of the fixed price agreement with the client