People Pay Top Dollar for Legal Solutions
It is incredibly difficult to be a successful lawyer/owner/entrepreneur and that's what most law firms are run by. Sole practitioners - responsible for everything. In reality these owners find it hard to know what to do. Because they This is no different from any industry where the owner is also a worker, Where law firms should focus is on providing solutions Advice is seen as expensive and ubiquitous. People will pay any price for solutions. Many law firms are members of my newsletter. If you create a system that provides solutions profitably It is almost immune to any threats because it is so valuable to clients The system is based on; Find what people want = solutions to their problems. Rinse and repeat with new solutions when you find out The beauty of this is that you also have something you can sell (See Gerber's E-Myth Revisited book). The answer is always the same in business. Great marketing gives you more money. Apple Mac anyone?
are in the thick of things on a daily basis.
(except the onerous and unfair restraints put on solicitors by regulation).
and not just advice.
Som even act on it.
But if I were to provide the solution to your legal marketing problems and
do it for you...i.e. give you lots of willing buyers that would
pay the price you want...what would you pay me?
and it is not reliant on time billed or geography
then you have something very valuable.
and prospects will find you with good marketing.
Make sure there are enough of them = market.
Devise a way of delivering it = profitably.
Communicate it to them you have the solution = marketing.
more niches.
when you retire or when you want to. Because it's similar to a franchise.
You can invest more in the solution.
You get more clients because of it.
Which you re-invest in marketing.
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