Law Firm Strategy: Is the Subscription Based Law Firm Model Ethical?
As lawyers we are ethically bound to deliver legal services for a fair and reasonable fee. In this regard, we suggest that if you are considering a modern revenue model like this, that you must think outside the proverbial box, so to speak. Let’s consider ABA Model Rule 1.5 which, in a nutshell states, “A lawyer shall not make an agreement for, charge, or collect an unreasonable fee.” Accordingly, although not tested yet by a bar association or law society, if the subscription monthly fee is outside the normal fee range for similarly situated lawyers delivering substantially similar legal services, could a subscription fee in total be unreasonable?