What are Legal Subscription Services and are they Right for your Business?

It’s no surprise that operating a business comes with a mountain of difficult decisions. So when it comes to the nitty-gritty aspects of your Sydney business, engaging a well-versed lawyer is always your best bet. Not only can they ensure that you’re legally protected, but they can help you make informed decisions aligned to your goals.

Whether you’re on the lookout for assistance in business structuring, disputes and litigation, company registration, startup consultation or the full monty, the ‘old school’ hourly-rate service model may not cut it for your business or your back pocket. But, on the flip side, if you’re looking to treat yourself to something tailored to your business’s needs, we may have the perfect solution for you, and it’s called the Legal Subscription Service model.

What is a Legal Subscription Service?

In recent years, we’ve enjoyed hours of entertainment with Netflix, seen relationships blossom in the face of Bumble, and witnessed couch potatoes turn culinary royalty through HelloFresh. Each of these platforms offers their unique slice of subscription value, and they are single-handedly transforming the way we go about our business. The Legal Subscription Service is no exception.

Setting out to rekindle the old client-lawyer flame, the Legal Subscription Service aims to cull the uncertainty surrounding the scope of work and the ominous fixed hourly rate. It accomplishes this by shifting focus to what your ongoing legal can be, an extension of your business.

The Legal Subscription Service can inject confidence and certainty back into this business-critical relationship, offering business owners a fixed monthly subscription to utilise for all their legal needs. So whether you’re exploring business structuring, reviewing and drafting legal documents, or anything in-between, a Legal Subscription Service can help you accurately forecast your business’s legal expenses (just what the accountant ordered).

How does a legal subscription plan work?

No one likes a surprise invoice, so by creating a Legal Subscription Service for our Sydney business community, we can eliminate them by adding a dash of customisation. At H+A Legal, we’ve developed LawPlan, a platform that is best suited for small and medium-sized businesses who wish to be empowered with ongoing legal support. Your tailored plan will provide easily accessible and personalised support to guide you through your unique business journey at a fixed monthly fee.  

Here’s the rundown:

• Firstly, we kick things off with a deep dive into your business to identify your individual goals and any potential risks.
• Following this, we tailor a step-by-step plan to help you navigate the peaks and troughs of the business cycle to ensure that you’re making informed decisions that align with your objectives.
• As they say, a plan without action is simply a dream. LawPlan can hold you accountable and provide the necessary legal and advisory support for your long term success.

The best method for your Sydney business?

The typical hourly rate model may tick all the boxes if your business is only after one-off projects for unpredictable legal matters. But, on the other hand, if your business has ongoing legal needs that require a continuous line of communication and support to reach your goals, then LawPlan is created for you.

Whether you’re searching for a one-off solution or to tackle your ongoing legal matters by jumping on the subscription bandwagon, at H+A Legal, we’re here to empower and drive your business to make better decisions and achieve your goals. If you’re unsure which pricing model is right for your business, then reach out today to discuss the best option for your goals.