Pricing Matters

Pricing is About Driving Profitability with Andrew Jewel

September 22, 2020 Season 1
Pricing Matters
Pricing is About Driving Profitability with Andrew Jewel
Show Notes

Andrew Jewel is the Senior Director, Strategic Pricing & Business Solutions at Seyfarth Shaw. Andrew works closely with Firm Department Chairs, the Chief Marketing & Business Development Officer, and key members of the Finance team and leads the pricing and business side of Seyfarth’s Alternative Fee Arrangement (AFA) program.

Prior to entering the legal solutions industry, Andrew practiced law for nearly five years as a commercial litigation and antitrust associate at two AmLaw firms. He earned a JD, with honors, from The National Law Center at the George Washington University, where he was a member of the Journal of International Law & Economics, and a B.A. from Haverford College in Haverford, PA.

KEY TAKEAWAYS

  •  Data & Risk Sharing Deliver  Successful AFAs.  Access to historical matter data and appropriate risk-sharing between law firms and clients are the building blocks for strong partnerships between law firms and their clients. 
  • Beyond Revenue.  It’s more important to understand and measure the cost of delivery and profitability drivers of the work your firm is doing.
  • Proactivity Matters Clients want firms that are efficient, know their business and deliver value without having to be reminded.