<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	
	>
<channel>
	<title>Comments on: Are We In A Legal Profession (Pricing) Bubble?</title>
	<atom:link href="https://solopracticeuniversity.com/2011/08/08/are-we-in-a-legal-profession-pricing-bubble/feed/" rel="self" type="application/rss+xml" />
	<link>https://solopracticeuniversity.com/2011/08/08/are-we-in-a-legal-profession-pricing-bubble/</link>
	<description>The &#039;Practice of Law&#039; School</description>
	<lastBuildDate>Tue, 25 Apr 2023 12:23:41 +0000</lastBuildDate>
		<sy:updatePeriod>hourly</sy:updatePeriod>
		<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.8.21</generator>
<xhtml:meta xmlns:xhtml="http://www.w3.org/1999/xhtml" name="robots" content="noindex" />
	<item>
		<title>By: Rachel Rodgers</title>
		<link>https://solopracticeuniversity.com/2011/08/08/are-we-in-a-legal-profession-pricing-bubble/#comment-14284</link>
		<dc:creator><![CDATA[Rachel Rodgers]]></dc:creator>
		<pubDate>Tue, 09 Aug 2011 03:24:38 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2604#comment-14284</guid>
		<description><![CDATA[I agree that there is more to consider than pricing when it comes to creating a sustainable, innovative practice in this economy. However, I do not think that law school debt should stop young and innovative lawyers from setting up alternative practices. With federal consolidation options and the ability to defer payments for the first few years, young lawyers can focus on establishing a viable practice without paying thousand dollar monthly payments on loans. 

I also agree with Misty, the legal profession needs to progress from a focus on getting rich to a focus on helping people. As I once heard Jay Foonberg say: when you focus on helping people, the money follows.]]></description>
		<content:encoded><![CDATA[<p>I agree that there is more to consider than pricing when it comes to creating a sustainable, innovative practice in this economy. However, I do not think that law school debt should stop young and innovative lawyers from setting up alternative practices. With federal consolidation options and the ability to defer payments for the first few years, young lawyers can focus on establishing a viable practice without paying thousand dollar monthly payments on loans. </p>
<p>I also agree with Misty, the legal profession needs to progress from a focus on getting rich to a focus on helping people. As I once heard Jay Foonberg say: when you focus on helping people, the money follows.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Susan Cartier Liebel</title>
		<link>https://solopracticeuniversity.com/2011/08/08/are-we-in-a-legal-profession-pricing-bubble/#comment-14269</link>
		<dc:creator><![CDATA[Susan Cartier Liebel]]></dc:creator>
		<pubDate>Tue, 09 Aug 2011 00:44:59 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2604#comment-14269</guid>
		<description><![CDATA[Jay, 

Thanks for visiting. I don&#039;t disagree with you at all. Pricing is but one component of designing a practice from the ground up. And without fail the practices which will survive will be those which provide that which only trained lawyers can provide as articulated by Marc.]]></description>
		<content:encoded><![CDATA[<p>Jay, </p>
<p>Thanks for visiting. I don&#8217;t disagree with you at all. Pricing is but one component of designing a practice from the ground up. And without fail the practices which will survive will be those which provide that which only trained lawyers can provide as articulated by Marc.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jay Pinkert</title>
		<link>https://solopracticeuniversity.com/2011/08/08/are-we-in-a-legal-profession-pricing-bubble/#comment-14265</link>
		<dc:creator><![CDATA[Jay Pinkert]]></dc:creator>
		<pubDate>Tue, 09 Aug 2011 00:12:45 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2604#comment-14265</guid>
		<description><![CDATA[As long as recent grads and early-career lawyers are encumbered with servicing staggering debt, they will never be able to effectively compete on price in categories where they compete against non-lawyer providers. 

I think the challenge is more fundamental -- and radical -- than pricing. It will entail designing practices around services that intrinsically consitute the practice of law, where non-lawyer service providers cannot compete.

As Marc noted in his comment on one of my recent blog posts, &quot;Hard to say what is ‘intrinsically legal work,’ but candidates usually involve at least one of the three A’s (activities – advice, analysis, advocacy) and one of the three D’s (deliverables – decisions, deals, documents) in the context of expertise and trust.&quot;]]></description>
		<content:encoded><![CDATA[<p>As long as recent grads and early-career lawyers are encumbered with servicing staggering debt, they will never be able to effectively compete on price in categories where they compete against non-lawyer providers. </p>
<p>I think the challenge is more fundamental &#8212; and radical &#8212; than pricing. It will entail designing practices around services that intrinsically consitute the practice of law, where non-lawyer service providers cannot compete.</p>
<p>As Marc noted in his comment on one of my recent blog posts, &#8220;Hard to say what is ‘intrinsically legal work,’ but candidates usually involve at least one of the three A’s (activities – advice, analysis, advocacy) and one of the three D’s (deliverables – decisions, deals, documents) in the context of expertise and trust.&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Susan Cartier Liebel</title>
		<link>https://solopracticeuniversity.com/2011/08/08/are-we-in-a-legal-profession-pricing-bubble/#comment-14260</link>
		<dc:creator><![CDATA[Susan Cartier Liebel]]></dc:creator>
		<pubDate>Mon, 08 Aug 2011 20:17:21 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2604#comment-14260</guid>
		<description><![CDATA[Marc, great article! I posted on SPU&#039;s Facebook page, too. I guess we share a brain:-)]]></description>
		<content:encoded><![CDATA[<p>Marc, great article! I posted on SPU&#8217;s Facebook page, too. I guess we share a brain:-)</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Marc Lauritsen</title>
		<link>https://solopracticeuniversity.com/2011/08/08/are-we-in-a-legal-profession-pricing-bubble/#comment-14259</link>
		<dc:creator><![CDATA[Marc Lauritsen]]></dc:creator>
		<pubDate>Mon, 08 Aug 2011 19:54:41 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2604#comment-14259</guid>
		<description><![CDATA[Scary times, Susan.  I dealt with some of the current dynamics in my recent piece on &#039;Prospering in an Age of Legal Fee Deflation; - http://www.capstonepractice.com/deflation.pdf]]></description>
		<content:encoded><![CDATA[<p>Scary times, Susan.  I dealt with some of the current dynamics in my recent piece on &#8216;Prospering in an Age of Legal Fee Deflation; &#8211; <a href="http://www.capstonepractice.com/deflation.pdf" rel="nofollow">http://www.capstonepractice.com/deflation.pdf</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Misty Sheffield</title>
		<link>https://solopracticeuniversity.com/2011/08/08/are-we-in-a-legal-profession-pricing-bubble/#comment-14243</link>
		<dc:creator><![CDATA[Misty Sheffield]]></dc:creator>
		<pubDate>Mon, 08 Aug 2011 13:03:47 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2604#comment-14243</guid>
		<description><![CDATA[The new legal market is stretching legal professionals in a healthy way.   I love seeing the innovative ways attorneys are cutting costs and becoming more client focused. I believe these innovators will change the way the business side of law is carried out.  A great byproduct will be that the reputation of the legal profession will improve.]]></description>
		<content:encoded><![CDATA[<p>The new legal market is stretching legal professionals in a healthy way.   I love seeing the innovative ways attorneys are cutting costs and becoming more client focused. I believe these innovators will change the way the business side of law is carried out.  A great byproduct will be that the reputation of the legal profession will improve.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
