In this episode, LVN Board Members Keith Maziarek and Justin Ergler sit down with Andrew Bayman, Partner at King and Spalding, for a wide-ranging discussion about what it means to think like an owner in the modern legal marketplace.

This conversation reveals how law firms are transforming the business of law—replacing the billable hour with data-driven models that balance client outcomes and firm profitability. The group explores what it takes to make alternative fee arrangements succeed, why transparency builds stronger partnerships, and how collaboration between lawyers and business professionals fuels innovation. They also discuss the courage to defend value rather than default to discounts and the growing importance of understanding a client's business as deeply as the law itself.