Understanding the Law: A Lawyer's Guide to Everyday Legal Issues
Once you’ve established a strong referral network, be sure to maintain and nurture it. This means providing excellent customer service to your clients and referral sources.
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This includes responding to emails and phone calls in a timely manner, explaining complex legal concepts in plain language, and following up with clients after their cases have been resolved. By providing exceptional customer service, you can ensure that your current and past clients will continue to refer new business to your law firm.
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3. Look for a Discount
If you're on a budget, negotiating with your attorney is a good idea. Depending on the case and how desperate you are, some attorneys will work for free, while others will let you pay over time (for example, with a payment plan).
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In addition to negotiated rates, many lawyers offer flat fee pricing for certain legal services. This is often more cost-effective than billing by the hour and can provide clients with a clear understanding of what they'll be getting for their money. Flat fees are especially useful if you're providing services that can be billed at a predictable amount, such as preparing documents or filing a lawsuit.
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Lastly, some law firms also offer prepaid legal service plans for small businesses and other entities. These plans allow businesses to secure recurring support for an upfront fee. While this can save costs, it's important to compare these plans with the individual needs of each business to ensure they're cost-effective.
In an era of tight legal budgets, a well-rounded legal department should explore all possible savings opportunities. This includes building relationships with finance teams and key members of other departments to learn what they're focused on and how legal can help them achieve their goals.
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This is particularly critical when it comes to negotiating volume discounts with outside firms or extending payment terms to net 60 or 90 days. A rounded legal budget is essential for controlling spend and aligning financial objectives with overall business strategy. Learn how Simple Legal can help you create a top-notch legal budget. We provide legal spend management, effortless e-billing, custom analytics, and complete integration with your existing systems. Request a demo today to get started.
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4. Look for a Good Referral
If you’re on a budget, working with a referral is the best way to find the right attorney. Referrals can save you money because they usually come at a lower cost than paying for advertising. A good referral can also save you time, because you won’t have to spend as much time researching lawyers and finding one that fits your needs.
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To be a good referral source, you need to show that you are someone who others can trust. One way to do this is by demonstrating that you have the skills and expertise necessary to handle your clients’ cases. This means keeping up with industry trends and changes, and sharing these insights with your network. You can do this through webinars, podcasts, and blog posts.
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