Thanks to Richard Zorza for spotting this gem. Late last week, Robert Minto, Jr., CEO and Executive Chair of ALPS Corporation, a nationally-respected attorneys malpractice insurance carrier, posted a detailed commentary entitled, “The Unbundling of Legal Services; Will Lawyers do it or Leave it to Consumers?”
There are a lot of take-aways from Minto’s observations. I urge you to read it thoroughly. When you do, you will likely see the point that struck Minto while he attended the 2013 Western States Bar Conference: that Limited Scope Representation (what he calls “unbundling”) is here, it is happening, it is moving ahead with or without us.
Still hesitant to embrace it? Think long and hard about your real reasons. Done correctly, it is less risky that open-ended, full-scope representation, exposes you to less financial loss, and actually self-perpetuates as your clients return over and over to “buy more stuff” once they are sold on the concept.
There is a lot more in the book, including detailed ethics discussion, so if you have not downloaded your copy (or requested the PDF by email), then do it today. Limited Scope Representation: it’s happening, with or without you. Make sure you are not left out!