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.
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
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
Topics covered include:
Legal Tech
Law Practice Management
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: 1.0 General
Earn Credit Until: June 11, 2026
South Carolina CLE
Status: Approved
Credits: 1.0 General
Difficulty: All Levels
Earn Credit Until: December 31, 2024
North Carolina CLE
Status: Approved
Credits: 1.0 General
Earn Credit Until: February 28, 2025
Texas CLE
Status: Approved
Credits: 1.0 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 1.0 credit hours.
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