Credit: momius/Adobe Stock Consumption-Based Pricing Is Here to Stay, So Long as Billable Hours Are
Even as legal tech vendors with cloud software roll out subscription-based pricing models, experts note that tech prices will ultimately align with lawyer fees, creating a stronghold for per-seat user fees and consumption pricing.
September 19, 2022 at 04:04 PM
3 minute read
As the tech industry at large has evolved its pricing models over the years, legal tech vendors have followed suit, trying to accommodate the market trends and the needs of their changing consumer base.
Still, legal tech is uniquely positioned within the vertical, because its markups cannot exist without reflecting on the pricing structures within the legal industry. And attorney fees are still far from transparent.
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