{"id":6500,"date":"2015-12-01T01:00:58","date_gmt":"2015-11-30T14:00:58","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=6500"},"modified":"2015-12-01T01:00:58","modified_gmt":"2015-11-30T14:00:58","slug":"getting-a-solicitor-on-a-fixed-rate","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/getting-a-solicitor-on-a-fixed-rate\/","title":{"rendered":"Getting a solicitor on a fixed rate – Mira Stammers"},"content":{"rendered":"

 
\nThe times they are a changin\u2019 and now it the legal profession undergoing change or disruption. Mira Stammers<\/strong>, from\u00a0LegallyYours.com.au, tells us about a new website she has created that makes getting a solicitor on a fixed rate so much easier.<\/p>\n

<\/h4>\n

Transcript:<\/h4>\n

Kevin<\/b>:\u00a0 We\u2019re hearing about disruption in a lot of industries. Remember those days when you use to go to a solicitor and never quite know what it was going to cost you? Well, those days could be well and truly over. There\u2019s a new firm called LegallyYours.com.au. I\u2019m talking to the person behind that, Mira Stammers.
\nHi, Mira. How are you?
\nMira<\/b>:\u00a0 Hi. I\u2019m really well, Kevin. How are you?
\nKevin<\/b>:\u00a0 I\u2019m well, thank you. How does Legally Yours work, and why did you set it up?
\nMira<\/b>:\u00a0 Legally Yours is really a solution for business owners and other Australians looking for legal services on a price-certainty basis. I was working in London in a fixed-fee environment, and I came back to Melbourne and really noticed that it wasn\u2019t available in a wide capacity in Melbourne. At the same time, I kept seeing all of these really talented women leaving the profession because of the lack of the flexible <\/b>nature.
\nI wondered how I could put those two things together and eventually came up with Legally Yours. It\u2019s a way to access legal services on a fixed-fee basis utilizing a pool of very talented women who work predominantly virtually.
\nKevin<\/b>:\u00a0 They are all women who are online?
\nMira<\/b>:\u00a0 There are men and women but predominantly women who have signed up to the service because of the flexible nature of it. Certainly, we can service all different areas of law, and we have specialists in all areas \u2013 so family lawyers, commercial lawyers, employment lawyers and whatnot.
\nKevin<\/b>:\u00a0 The fixed-fee arrangement I guess is probably the description. Is that more common overseas than it is in Australia?
\nMira<\/b>:\u00a0 I did find it to be more common in London. Certainly, even on big transactions, there was a demand for fixed fee. I think clients cottoned on to the fact that there is more bargaining power, perhaps because the GFC was a bit more hit over there.
\nI came back and thought, \u201cWe\u2019re behind the times here. We really need to be listening to what clients want and giving it to them.\u201d I just found that law firms here weren\u2019t doing that.
\nKevin<\/b>:\u00a0 Apart from the fixed fees, what have you heard in feedback about other frustrations with the current legal system?
\nMira<\/b>:\u00a0 Well, part of my market research at the outset was to ask business owners and ordinary Australians, \u201cWhat do you hate about lawyers?\u201d
\nKevin<\/b>:\u00a0 Where do you want me to start?
\nMira<\/b>:\u00a0 That was commonly the response, and so I listened to that. I really listened. I think lawyers by their nature are very risk-averse. They tend to want to do things in a way that suits them. That\u2019s fine, but it hasn\u2019t been working for clients for decades.
\nI really listened to what clients wanted.\u00a0 They wanted not only fix fee, but they wanted lawyers who weren\u2019t elitist. They wanted to be able to pick up the phone and not be billed every time they do. They certainly wanted to be able to entrust in their lawyers and know that basically there was value-based billing, and they could make sure that they got their phone calls returned and the correspondence was there, as well.
\nI think lawyers by their nature also haven\u2019t been very responsive to clients. I really wanted to shake that up and change that and do the best that we could to give clients exactly what they want.
\nKevin<\/b>:\u00a0 What reaction have you had from legal firms?
\nMira<\/b>:\u00a0 It\u2019s been varied. Some have been very supportive. Others have said, \u201cOh. That\u2019s never going to work, and why would lawyers do that when we can charge hourly rates?\u201d I think those lawyers will find out over time that this is working and it\u2019s really about being innovative in your approach and progressive in your thinking.
\nKevin<\/b>:\u00a0 I guess it would be fantastic for lawyers who don\u2019t want to be caught up in a large firm, maybe do a little bit of work for themselves, and as you say, ideal for women who don\u2019t want to be in the full-time work force anymore.
\nMira<\/b>:\u00a0 Absolutely, and I think they\u2019re a very underutilized talent pool. There are lots of women out there who have had amazing training and have great experience, and perhaps they\u2019re at home looking after their kids and they want to continue to do some work. But private practice, the way it is set up, doesn\u2019t really support that. There are some firms doing it out there, but not many. I really wanted Legally Yours to support women to stay in the law so that we didn\u2019t lose these talented women.
\nKevin<\/b>:\u00a0 There are so many other things I want to cover with you, too, but unfortunately, we are out of time. I\u2019d love to get you back into the show just to talk to us about some of the things that you\u2019re finding \u2013 legal tips for investors, etc. We\u2019ll have to get you back at a later time for that, Mira.
\nI want you to check out the address. It is Legally Yours.com.au.
\nMira, once again, we\u2019ll look forward to having you back in the show at some future time. Thanks again for your time.
\nMira<\/b>:\u00a0 Thanks, Kevin.<\/p>\n","protected":false},"excerpt":{"rendered":"

  The times they are a changin\u2019 and now it the legal profession undergoing change or disruption. Mira Stammers, from\u00a0LegallyYours.com.au, tells us about a new website she has created that makes getting a solicitor on a fixed rate so much easier. Transcript: Kevin:\u00a0 We\u2019re hearing…<\/p>\n","protected":false},"author":176692471,"featured_media":14927,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,17,18,25],"tags":[101],"class_list":["post-6500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment","category-property-management-topic","category-sponsored-channels","tag-podcast"],"yoast_head":"\nGetting a solicitor on a fixed rate - Mira Stammers - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/getting-a-solicitor-on-a-fixed-rate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Getting a solicitor on a fixed rate - Mira Stammers - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"  The times they are a changin\u2019 and now it the legal profession undergoing change or disruption. 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