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(110) Business and Employment Law + Subscriptions with Damien Weinstein and Brian Klein of Weinstein + Klein
Manage episode 464206898 series 3284066
Law firm partners Damien Weinstein and Brian Klein discuss their journey of founding Weinstein + Klein, a New Jersey-based firm, after leaving their previous positions at larger firms about six years ago. The two attorneys share their early experiences of starting a firm with minimal resources and learning through trial and error. They emphasize their focus on being a good business rather than just a good law firm, with Weinstein handling corporate transactional work and Klein focusing on employment law and litigation.
The partners detail their recent transition to a subscription-based billing model, moving away from traditional hourly billing. They explain how they discovered this model when a client requested a flat monthly fee, and how they've since refined their approach to include regular client updates, proactive communication, and will incorporate comprehensive monthly summaries of work performed. While they acknowledge some challenges in convincing established clients to switch to the subscription model, they highlight the benefits, including better client relationships, more proactive legal work, and the ability to provide value beyond traditional legal services. The partners note that their subscription model allows them to serve as fractional general counsel for small and mid-sized businesses at a cost significantly lower than hiring traditional in-house counsel.
__________________________
Learn about Weinstein + Klein.
Check out my new show, the Law for Kids Podcast.
Get Connected with SixFifty, a business and employment legal document automation tool.
Sign up for Gavel, an automation platform for law firms.
Visit Law Subscribed to subscribe to the Substack newsletter to get notified about every episode, listen from your web browser, and for additional content.
Follow @lawsubscribed everywhere.
Sign up for the Subscription Seminar waitlist at subscriptionseminar.com.
Check out Mathew Kerbis' law firm Subscription Attorney LLC.
Get full access to Law Subscribed at www.lawsubscribed.com/subscribe
155 حلقات
Manage episode 464206898 series 3284066
Law firm partners Damien Weinstein and Brian Klein discuss their journey of founding Weinstein + Klein, a New Jersey-based firm, after leaving their previous positions at larger firms about six years ago. The two attorneys share their early experiences of starting a firm with minimal resources and learning through trial and error. They emphasize their focus on being a good business rather than just a good law firm, with Weinstein handling corporate transactional work and Klein focusing on employment law and litigation.
The partners detail their recent transition to a subscription-based billing model, moving away from traditional hourly billing. They explain how they discovered this model when a client requested a flat monthly fee, and how they've since refined their approach to include regular client updates, proactive communication, and will incorporate comprehensive monthly summaries of work performed. While they acknowledge some challenges in convincing established clients to switch to the subscription model, they highlight the benefits, including better client relationships, more proactive legal work, and the ability to provide value beyond traditional legal services. The partners note that their subscription model allows them to serve as fractional general counsel for small and mid-sized businesses at a cost significantly lower than hiring traditional in-house counsel.
__________________________
Learn about Weinstein + Klein.
Check out my new show, the Law for Kids Podcast.
Get Connected with SixFifty, a business and employment legal document automation tool.
Sign up for Gavel, an automation platform for law firms.
Visit Law Subscribed to subscribe to the Substack newsletter to get notified about every episode, listen from your web browser, and for additional content.
Follow @lawsubscribed everywhere.
Sign up for the Subscription Seminar waitlist at subscriptionseminar.com.
Check out Mathew Kerbis' law firm Subscription Attorney LLC.
Get full access to Law Subscribed at www.lawsubscribed.com/subscribe
155 حلقات
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