June 08, 2020 Law Practice

What Fare Is Fair? Tips and Traps in Pricing and Bidding

Keith Maziarek

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When a prospective client puts work out for bid, lawyers today lack many of the reference points that other industries leverage to develop precise and accurate pricing strategies. The primary blind spots in the legal industry that are cornerstones of competitive pricing in most other industries include market transparency, rational bidders, and accurate data.

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