The Financial Bit
Cognitive consultant lawyers earn 70% of all paid fees from the very start. Right from the beginning, we recognise your talent and reward you accordingly. And you can say goodbye to billing targets and fixed hourly rates.
Cognitive consultant lawyers set their own charging structures appropriate to their clients. This is one of the reasons consultancy can be such a powerful move for experienced lawyers. You are no longer separated from the value of the work you bring in and deliver. The practice you build, the clients you look after and the reputation you develop all contribute directly to your own success.
With an increasing amount of work being completed to a fixed fee we can offer pricing strategy advice, giving you the autonomy to determine the appropriate pricing of your work.
We reduce the risk of practising law independently by removing onerous overheads and putting in place financial controls and systems, such as self-billing, invoicing, and credit control. No more financial reporting or fee forecasting except for yourself. You can be confident that the time you spend working is productively spent on practising the law and servicing your clients. For the right lawyer, this creates the opportunity to earn more, work in a way that feels more balanced, and build a legal practice that genuinely belongs to you.