Legally Yours CEO Karen Finch shares her insights with Lawyer Weekly on how law firms can thrive by fixing their fees on legal services in a centralised marketplace.
So, how does the legal industry tap into this technology? We must first ask how prospective clients search for a lawyer. Usually, it is through word-of-mouth, a referral from friends and family, or a simple Google search.
But who knows what they are searching for? What do clients really want from a lawyer? Can a prospective client gain the amount of knowledge they need from a search engine that, ultimately, ranks its business by the amount of money spent on gaining a high search ranking, rather than relevance to the legal issue?
According to CEO of Legally Yours, Karen Finch, the biggest barrier clients face in actually following through with engaging a lawyer is the uncertainty and lack of transparency in fees.
“We are consistently told by clients that the number one reason they do not go ahead with a legal service is the lawyer’s inability to fix their fees with an output of service.”
Learn more about the benefits of fixed-fee here.