What To Do When Legal Clients Can’t Afford Your Fees

“He just can’t afford it, so I am going to have extend terms again”.

As an attorney, how many times have you thought that? Too many, right?

How many times have you seen business walk out of the door simply because someone can’t find the money to pay you?

And you simply have to put up with it.

So you offer terms, which means you get none of the money up front, and there is always a chance the client won’t pay the full balance.

Medical doctors and dentists all have financing options. Attorneys usually don’t.

This cuts off your revenue potential, and your ability to help clients.

Many attorneys suffer from this same problem. You may be among them.

However, it isn’t necessary. There are some simple steps you can take to get client who can afford your fees.

In fact, by the end of this article you can become more affordable while charging MORE for your services. And I’ll prove it too.

If that is something that interests you, then read every single word on this page like your next paycheck depends on it.

Any lawyer can use this and it is a game changer.

Step 1: Raise Your Fees, But Not In The Way You Probably Think

Imagine raising your fees and getting more clients at the same time?

Without terms, without delayed payments, and without needing to chase them for money.

Sounds ridiculous doesn’t it.

Well, a simple Family Lawyer from North Dakota literally increased her quarterly intake by $40,000 using the exact technique I am about to describe.

So how do you do it?

The first part is easy. Charge more.

At first, it seems perplexing. After all, in the U.S. people spend $703 Million PER DAY on legal services.

Yep, that is $29.2 Million per hour.

Seems like a lot.

Well, it isn’t.

There are 1.22 million attorneys in the U.S.

That means the average lawyer brings in $576.22 per day. That’s less than the Finance Manager at your local Toyota dealership.

AND you still have to pay your staff, rent, utilities etc.

So yes, you definitely should be charging more for your legal services.

Let me show you how to raise your prices by 20-30% AND become more affordable.

Instead of pushing clients away, using this little trick will get you more clients.

Step 2: Becoming More Affordable WITHOUT Lowering Your Fees

There’s a dirty word in the legal industry that attorneys are not allowed to say. It is called financing.

And there are a lot of complicated rules which make it nearly impossible for you to offer it to your clients.

However, if it WAS possible, you could effectively turn your legal services into a braindead-simple-decision that almost anybody can afford.

Imagine this. Your client can’t afford the $7,500 DUI legal fees up front.

And then all of the sudden they are presented with an option of paying $125 per month + interest.

However, you still get all of the money up front minus a small fee.

There are dozens of attorneys out there, right now, doing this while you are reading the very words on this page.

And those are just the ones I personally know about.

How?

Simple.

  1. First, find a lender who is willing to lend to people with a credit score of 600 or more.
  2. The client applies for the loan.
  3. The lender sends them the money, and the client then decides to pay you, or use the cash for something else.

THE BIG PROBLEM

There are three simple steps, yet several big problems with this approach.

First of all, how do you find a lender?

Well, we’ve already found about 20 so you don’t have to. More on that in a minute.

Secondly, isn’t it illegal to finance legal services?

Not in this case. The client applies for a general loan. They can do with that money as they please.

They just happen to use it for your legal fees. They are well within their rights to do that.

Like I said, there are attorneys out there who are using this system right now.

They are collecting fat up front fees while you are still thinking about it.

Click here to schedule a 1-1 appointment with us so that we can discuss setting this up for you.

It is fully bar compliant. We’ve checked. And so have dozens of other attorneys.

Step 3: Grow Your Law Firm By Collecting More Fees Up Front While Making Your Services More Affordable

Millions of Americans are missing out on the best attorneys, because they can’t afford them.

You may be turning away well deserving clients right now because of it.

Can you imagine how your competition would be scratching their heads, wondering how on earth you’re doing it?

And you’re just sitting back, accepting new clients at a rate that was previously unimaginable.

70% of Americans have a credit score of over 600.

So 70% of the people who can’t afford you right now could qualify for loan.

You could potentially double, triple, or even quadruple the revenue coming into your law practice.

I am only saying that because I have seen it.

Click here to schedule a 1-1 appointment with us.

You could be accepting new clients within days.

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