And it got me thinking this Bank Holiday week end.
One of your goals has to be to “make money whilst you sleep.”
Because everyone must look at ways of leveraging their expertise.
And not get paid just for "time".
And that's when you start dreaming of the ideal future.
Imagine if you could spend 4 days out of the office every week doing what you want to do.
Imagine knowing that your website is attracting thousands of visitors who then buy 100's online legal services from you every week.
Imagine the documents are filled in by the customers and get reviewed by your team of freelance solicitors who all work from home.
Oh, and all that compliance business is taken care of.
And you just come in to the office once a week to do manage it all.
Isn’t this how you’d like to set up your business if you could start from scratch?
I’ve been looking at the service from Direct Law and think this type of direct selling to customers could have the same disruptive effect that Direct Line had in the insurance industry.
Before Direct Line, you went to a local broker, who performed a service in finding you a good deal. Or so you thought. But along came Direct Line and did it...well...direct. And others followed.
There’s probably a lot to gain by local solicitors being the first to offer direct services in their geographic market. Because getting a Will from a local solicitor still means something.
And having a downsell i.e. lower cost Will service is a great offering to those who like a lower price and convenience and to those that just can’t afford a higher price.
Having a Will sold on line and then reviewed by a solicitor will also mean that you can increase the price of the pure “face to face” Will service. You can probably increase it enough to pay for the software to run the online Will services.
It’s early days.
But direct sales of online legal services has the potential to disrupt the legal market as much as Direct Line did.
And when you figure in back-end services (because you have a trust relationship with the customer, you may find these your most profitable clients.
You owe it to yourself to check these things out.
Check out this Illinois Divorce Lawyer in the US
It may take a couple of years to work all this to a level where you are working only one day a week. But it’s a great goal to have.
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