Episode 4: Are innovative insurance backed solutions a cheat code for law firm pricing?
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Show Notes
In episode four, LOPSided Podcast host John O'Donoghue is joined by Verity Jackson-Grant (Head of Pricing at Simmons & Simmons) to discuss the emergence of insurance backed solutions, and how more progressive law firms are using these solutions to offer innovative risk sharing pricing structures to their clients, whilst mitigating their downside risk. We investigate whether these policies are something of a cheat code for LegalOps Pricing experts, and how experts can get ahead by learning how they work.
The podcast covers key topics including:
- What are Insurance backed solutions and how do they work?
- Which solutions are most prevalent in the market right now?
- How a risk based approach to pricing is enabling more risk alignment and strengthening client relationships.
- How to introduce these solutions into your business model, and get internal stakeholders and clients comfortable with using them.
- Navigating regulatory challenges and staying compliant with your offering.
IMPORTANT NOTE: The views and furthermore all views shared by the presenters and guests of this podcast in no way reflect the views of current nor previous companies that employ them. All views and expressions reflect personal views and not those of any affiliated businesses.
Listeners should consider these discussions as personal perspectives and not official stances endorsed by any organisation. Always seek professional advice and verify information independently.