Legal Innovation Unlocked: Subscription Models and AI in Practice (On-Demand)

Course Description

In his presentation, Legal Innovation Unlocked: Subscription Models and AI in Practice, Mathew Kerbis advocates for ethically incorporating AI and transitioning from billable hours to the subscription model. It emphasizes differentiating AI tools, using them correctly for legal services, and billing clients ethically when utilizing AI. He covers ABA Model Rules related to competence and fees, highlighting potential pitfalls of incorrect AI usage. Mr. Kerbis suggests that the subscription model is a way to fairly price services when AI significantly reduces work time and also discusses various strategies such as tiered subscriptions, add-ons, and simplified pricing. He outlines essential technologies for a subscription-based law practice, including automation, client portals, and secure communication tools. Finally, he emphasizes the importance of transparency in fee arrangements and security measures when using AI in legal services.

Principles

• To ethically incorporate AI into your legal practice
• To differentiate between various AI tools
• How to correctly use artificial intelligence for legal services
• The most profitable way to ethically bill clients when using AI

Syllabus

1. Technology Competence and AI in Legal Practice
2. Ethical Billing in the Age of AI
3. Subscription Models
4. Technology and Automation for Subscription-Based Practices
5. Important reminders