subscription

Do you use Office 365? Dropbox for Business? Vodafone for business?

Have you used Netflix, Amazon or Spotify?

If the answer to any of the above is yes, then you’ve already placed your trust in a subscription plan.

The subscription model is one of the most common vehicles for disruption in an established industry.

Yet, despite the fact that so many major names across nearly every business sector have successfully adopted the subscription model – until recently the concept hadn’t made any real headway in the legal industry.

Subscriptions that did exist for HR teams in the legal support space meant mostly low-quality HR helplines, which only provided generalised and often risk averse advice. Until recently, the idea of getting bespoke, commercial and business focussed legal advice from practising employment lawyers on a subscription plan was undiscovered territory (and heresy in the traditional legal industry).

But smash the wall and think differently and bring all the elements of your HR team’s legal support together under a single subscription – including quality legal advice – and you create a whole new approach.

Don’t get us wrong, unlimited legal advice doesn’t come with a small price tag – this isn’t your usual £99.99 a month affair – but it is far cheaper than paying your traditional law firm their expensive hourly rates, plus paying that subscription for your online resources and HR helpline separately.

To put this in context, we’re often able to generate a minimum 30-50% saving* for our customers in comparison to their current overall legal and online resources total budget spend. Click here to try our Legal Fees Calculator to find out how much you could save.

When you know exactly how much you’ll spend on legal advice over the coming months, you’re finally able to budget with real certainty, rather than setting aside a certain amount each quarter and hoping you won’t have too many ER issues come your way. Or, park that really important project or initiative in order to cover the unexpectedly high ER costs that year. Or, worse still, go back to the board for more money, as the ER issues mount up.

Not to mention the fact that you’re able to spend as much time as you need with your employment lawyers, without having to worry about further fees stacking up. This means you have the time to learn more from them, making your team more independent, and the lawyers get to know your business more closely so are able to give you advice which is better-suited to your organisation’s commercial objectives.

At the end of the day, if the subscription model is good enough for all these other industries, then it should be good enough for the legal and HR industry, too.
Sure, this is innovation within a sector, but it’s nothing scary or new. After all, big businesses have been doing it for years.

A final thought on market disruption for you. Virgin’s top four tips for causing disruption in their markets and being, probably, the best ‘challenger’ corporate brand in the world and creating real change are to:

1.  Embrace inexperience

2.  Think differently

3.  Dream big

4.  Be passionate

Talk to us to create your own tailored advisory subscription plan and become a positive disruptor in your market. Get in touch today.

 


We are the HR and employment law experts from esphr.

It’s our mission to advise and develop the employment law capability of HR professionals wherever we can, helping HR teams make a real commercial difference to their organisations. That way, you spend less time solving operational issues and more time actioning projects that drive far-reaching change in your company.

Call 0333 006 2929 or email info@esphr.co.uk today to discover exactly how we can help you.

 

*Average savings based on a sample of existing customers surveyed in September 2015.

 

Author: Peter Byrne

Founder, ESP Group

Pete set up ESP Group in March 2003, after running an HR resource management business for three years.