The San Francisco based law firm, Smithline, PC has an extremely unique (and potentially extremely disruptive) pricing model. They provide transaction services to clients on an agreed upon, flat-rate monthly subscription. According to their website Smithline provides the following services for a monthly price with no term commitment:
o Negotiate an unlimited number of technology transaction deals
o Provide product legal review
o Draft and help you implement an open source policy
o Invite your team to attend our training sessions without charge
o Create and update your key forms
o Create deal flow tools for your sales and business development teams
o Attend executive staff, board or other company meetings
o Provide unlimited counseling within the scope of our practice
Smithline’s unique model has apparently attracted attention from heavy hitters like Facebook, Adobe, and Yahoo – which are all clients of Smithline.
Refreshing. I know LAWntrepreneurs will be following this firm’s progression closely.