• Sun. May 19th, 2024

LawNext Podcast: Setting up A Membership Law Apply, with Fidu Cofounder Kimberly Bennett

Bynewsmagzines

Oct 10, 2023
LawNext Podcast: Building A Subscription Law Practice, with Fidu Cofounder Kimberly Bennett

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Quickly following setting up her individual legislation practice, Kimberly Bennett decided there experienced to be a better way than the billable hour to charge for her expert services. She desired predictable pricing for her intellectual property consumers and predictable money for herself. That led her to subscription-dependent lawful providers, charging her consumers a flat every month payment, and it worked so effectively for her that she grew to become not just an adopter of the model, but an evangelist – a repeated speaker and writer on starting and scaling a membership-dependent regulation follow.

In 2021, Bennett took that passion for subscription services outside of regulation practice and into lawful technologies. She became cofounder, collectively with Blaine Korte, of Fidu, a cloud platform intended to present lawyers with every thing they require to establish a scalable membership or flat-cost based law observe. Just a few months in the past, Fidu gained the Clio Integration Award for Best Practice of Legislation App.

Bennett was earlier on this podcast in August 2020, just before she cofounded Fidu, and we talked at duration then about her career, her law exercise, and her adoption of the subscription design. In today’s interview, we aim on Fidu and explore how it can aid a law firm convert an hourly follow to a membership or flat-price one. We also speak about Bennett’s working experience going from legislation apply to entrepreneurship, significantly as a Black woman.

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