From Billable Hours to Sustainable Income: The Power of Subscription Models + AI

AI is revolutionizing the delivery of legal services. In this course, Mathew Kerbis, The Subscription Attorney, explores how leveraging the subscription model with artificial intelligence can transform your law practice. He offers practical strategies for integrating AI, including prompt engineering techniques, and discusses the potential of AI to democratize legal services. Kerbis posits the current decline of the billable hour, emphasizing the competitive advantage and increased profitability of adopting subscription models alongside AI technologies.

Learning Outcomes:

How to correctly use artificial intelligence for legal services
Legal prompt engineering
The most profitable way to bill clients when using artificial intelligence
A vision of what the future of the practice of law will look like using large language models

Topics covered include: Legal Tech Law Practice Management

Agenda:

Hypothetical and Set Up

Discover how AI has already changed the speed of delivering legal services rendering the billable hour no longer profitable (and likely unethical)

Define and Frame Generative AI

What is Generative AI?
How to frame using Generative AI

Overview of Current AI Solutions

Non-exhaustive list of AI tools and what they do

Prompt Engineering and AI Tips

Prompt framing examples
Guidelines for usage

How to Implement the Subscription Model to Leverage AI in This Paradigm

Benefits of the subscription model
Adapting the subscription model
Pricing subscriptions
Subscription model strategies
Ethics of subscriptions
Technology (other than AI) for subscriptions

Questions & Answers

Duration of this webinar: 60 minutes

Originally broadcast: June 12, 2024 11:00 AM PT

Continuing Legal Education (CLE) Credits

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California CLE

Status: Approved

Credits: 1.00 General

Earn Credit Until: June 11, 2026

South Carolina CLE

Status: Approved

Credits: 1.00 General

Difficulty: All Levels

Earn Credit Until: December 31, 2025

North Carolina CLE

Status: Approved

Credits: 1.00 General

Earn Credit Until: February 28, 2026

Texas CLE

Status: Approved

Credits: 1.00 General

Earn Credit Until: May 31, 2025

This presentation is approved for one hour of General CLE credit in California, South Carolina (all levels), and North Carolina. This course has been approved for Minimum Continuing Legal Education credit by the State Bar of Texas Committee on MCLE in the amount of 1.00 credit hours.

Justia only reports attendance in jurisdictions in which a particular Justia CLE Webinar is officially accredited. Lawyers may need to self-submit their certificates for CLE credit in jurisdictions not listed above.

Note that CLE credit, including partial credit, cannot be earned outside of the relevant accreditation period. To earn credit for a course, a lawyer must watch the entire course within the relevant accreditation period. Lawyers who have viewed a presentation multiple times may not be able to claim credit in their jurisdiction more than once. Justia reserves the right, at its discretion, to grant an attendee partial or no credit, in accordance with viewing duration and other methods of verifying course completion.

At this time, Justia only offers CLE courses officially accredited in certain states. Lawyers may generate a generic attendance certificate to self-submit credit in their own jurisdiction, but Justia does not guarantee that lawyers will receive their desired CLE credit through the self-submission or reciprocity process.

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Speaker

Mathew Kerbis The Subscription Attorney
Subscription Attorney LLC

Mathew Kerbis is The Subscription Attorney and winner of the James Keane Award recognizing innovative virtual law firms that serve the broad middle class. He’s on a mission to affordably serve clients at scale via the subscription model and inspire attorneys to ditch the billable hour. His firm leverages automations and artificial intelligence to offer accessible and reasonable prices like legal advice starting at $19.99/month and $49.99/page. He interviews lawyers and experts who can help lawyers stop billing time on the Law Subscribed podcast.

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