This episode features Todd Smithline, CEO of Bonterms and former law firm owner, discussing his 20-year journey transitioning from hourly billing to fixed-fee models. The discussion covers productizing legal services, creating reusable knowledge assets, and transforming traditional billing into predictable subscription approaches. Key topics include: Shifting from hourly to fixed-fee billing while maintaining profitability, Building client trust through month-to-month commitments, Developing scalable legal tools and processes, AI's impact on legal service delivery, and Modernizing practice models for solo practitioners and managing partners.