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Strategic Rate Design Service

Build a Stronger, Smarter Rate Structure

Rate management is one of the most difficult challenges firms face today. Rates must not only be competitive, but also reflect the firm’s value, market position, and long-term goals. Too often, firms lose ground through random discounts, stagnant rates, and inconsistent structures that confuse clients and erode brand integrity.

The Strategic Rate Design Service equips firms with a disciplined, market-informed rate framework that strengthens performance, builds client confidence, and drives sustainable growth.

Recognize the Warning Signs

If your firm struggles with:

  • Unnecessary discounting that undermines value

  • Flat rates that compound into millions in lost revenue

  • Fragmented pricing that creates inconsistency and confusion

…it’s time to revisit your approach.

How We Help

Our service delivers a structured, future-focused rate design through five key elements:

  1. Strategic Pricing Architecture – Align your rates with the firm’s identity, practice mix, and economic profile.

  2. Market Positioning & Intelligence – Benchmark internally and externally to set the right targets and correct stagnation.

  3. Rate Progression Strategy – Create a disciplined, multi-year plan for annual increases.

  4. Client Communication & Change Management – Prepare partners to convey value clearly and confidently.

  5. Pricing Governance – Strengthen oversight, establish discount authority, and monitor compliance.

Engagement at a Glance

  • Timeline: 6–12 weeks

  • Deliverables: Strategic rate playbook, structured rate design, communications plan, and governance framework

  • Typical Impact: $2–$20M in recurring fee revenue

Support extends beyond the engagement, including partner coaching, rollout assistance, AI-enabled pricing tools, and quarterly review facilitation.

Take the Next Step

A disciplined, market-aligned rate structure is essential to protect margins and prepare for future growth.

You can download a description of our service here.

If you’re interested in discussing our Strategic Rate Design Service, you can contact Mark Medice now, at:

Contact:
Mark Medice
mmedice@lawvision.com
412-721-9475

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Additional Services

Law firm leaders rely on LawVision to help develop and implement bold, practical solutions with confidence in the decisions and a process for managing change. Each solution is tailored and considers factors such as strategic direction, economics, culture, values, and potential.

  • Business Development & Key Client Planning
  • Compensation Systems – Partner & Associate
  • Leadership Training & Development
  • Legal Project Management & Process Improvement
  • Mergers & Acquisitions
  • Practice Group Management
  • Pricing Strategy
  • Strategy Development – Firmwide
  • Talent Strategy

Click HERE to learn more.