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How to increase effective rates when current clients won't budge
Within my earlier post this week on the latest data release from the ONS on Legal Services prices I referenced BigHand 's 2025 Law Firm...

James Markham
2 min read


UK Law Firm Pricing Briefing - January 2025
Background The UK Office for National Statistics (ONS) produces a quarterly Services Producer Price Index (SPPI). This contains useful...

James Markham
5 min read


Empowering Law Firm Leaders: The fundamentals and best practices to master the business of law
For Episode 12 of the Empowering Law Firm Leaders podcast , Darren and I joined Amy Bruce – host and Marketing Director at Osprey...

James Markham
5 min read


Realisation Waterfall
I made passing reference to a looking at realisation rates as a waterfall in a comment last week Thought it worth expanding on The table...

James Markham
1 min read


Poor communication can leave a sour taste
I paid a plumber by the hour the other week Didn't hate the experience Why? We'd agreed in advance what the likely lower and upper range...

James Markham
1 min read


UK Law Firm Pricing Briefing - October 2024
Background The UK Office for National Statistics (ONS) produces a quarterly Services Producer Price Index (SPPI). This contains useful...

James Markham
3 min read


Pricing Pyramid
It's naïve to think law firms increase headline rates by 10% and that all clients just pay up For certain clients, and certain practice...

James Markham
2 min read


Expensive lawyers have gone mainstream
Expensive lawyers look to have gone mainstream with the Wall Street Journal reporting on US rates of $2,500 over the weekend But,...

James Markham
2 min read


Capped Fees need killing off for good
The billable hour and fixed fees can set off a heated debate, but there is one particular fee type that we should all unite behind and...

James Markham
2 min read


Partners don't help themselves by referring to the 'price' of legal services as the 'cost'
The table below shows a law firm and a client perspective when pricing a piece of work Too often, we talk about 'cost' without...

James Markham
2 min read


"This work is a loss leader for more profitable work"
I'm not a fan of this framing for a couple of reasons: The work rarely generates a true loss, where delivery costs exceed the fee income,...

James Markham
2 min read
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