Professional Training

Transparent Pricing - A Bite-Size Guide to Compliance for Law Firms - Webinar

Length
0.5 hours
Next course start
Available On-Demand See details
Course delivery
Self-Paced Online
Length
0.5 hours
Next course start
Available On-Demand See details
Course delivery
Self-Paced Online

Course description

The SRA’s Transparency Rules require firms and freelance solicitors providing certain specified legal services, to publish information about price, service and regulatory matters.

These rules, originally introduced in 2018, continue to cause issues with law firms and individual solicitors, regarding how to comply, while avoiding significant price and profitability issues. This is reflected in the Law Society publishing a new practice note as recently as August 2022.

During this short, practical webinar, Richard Allen, a former law firm partner and leading pricing consultant, will take you through the SRA’s requirements and how to put these into practice. Importantly, this webinar will show you how to avoid fettering your pricing potential and in turn your profitability.

Upcoming start dates

1 start date available

Available On-Demand

  • Self-Paced Online
  • Online
  • English

Outcome / Qualification etc.

Following all MBL courses, a certificate of attendance will be provided for those who are required to evidence their CPD activity to a professional body.

Training Course Content

Introduction

The SRA’s Transparency Rules require firms and freelance solicitors providing certain specified legal services, to publish information about price, service and regulatory matters.

These rules, originally introduced in 2018, continue to cause issues with law firms and individual solicitors, regarding how to comply, while avoiding significant price and profitability issues. This is reflected in the Law Society publishing a new practice note as recently as August 2022.

During this short, practical webinar, Richard Allen, a former law firm partner and leading pricing consultant, will take you through the SRA’s requirements and how to put these into practice.

Importantly, this webinar will show you how to avoid fettering your pricing potential and in turn your profitability.

What You Will Learn

This webinar will cover the following:

  • What the rules say
  • How to meet the requirements, yet keep your options open for pricing
  • Avoiding competing on price and a ‘race for the bottom’
  • Practical advice on how to present the information on your website, or elsewhere
  • Pricing tips for profitability

Expenses

From £99
MBL Seminars Limited
C/o Law Business Research
Holborn Gate, 330 High Holborn
WC1V 7QT London

MBL Seminars Limited

MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...

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