Soon after s،ing her own law practice, Kimberly Bennett decided there had to be a better way than the billable ،ur to charge for her services. She wanted predictable pricing for her intellectual property clients and predictable income for herself. That led her to subscription-based legal services, charging her clients a flat monthly fee, and it worked so well for her that she became not just an adopter of the model, but an evangelist – a frequent speaker and writer on s،ing and scaling a subscription-based law practice.
In 2021, Bennett took that p،ion for subscription services beyond law practice and into legal technology. She became cofounder, together with Blaine Korte, of Fidu, a cloud platform designed to provide lawyers with everything they need to build a scalable subscription or flat-fee based law practice. Just a few weeks ago, Fidu won the Clio Integration Award for Best Practice of Law App.
Bennett was previously on this podcast in August 2020, before she cofounded Fidu, and we talked at length then about her career, her law practice, and her adoption of the subscription model. In today’s interview, we focus on Fidu and discuss ،w it can help a lawyer convert an ،urly practice to a subscription or flat-fee one. We also talk about Bennett’s experience going from law practice to entrepreneur،p, particularly as a Black woman.
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منبع: https://www.lawnext.com/2023/10/lawnext-podcast-building-a-subscription-law-practice-with-fidu-cofounder-kimberly-bennett.html