October 7, 2020
Jim Rauch
At LeadQ, we’ve found that posting positive testimonials and online reviews about a law firm significantly improves the number of inquiries the firm receives and makes your firm stand out among the competition. Here are six easy tips for consumer law firms to generate those vitally-needed testimonials and reviews in today’s competitive environment. 1. Make sure each client, first of all, has a positive experience in dealing with you and…
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June 9, 2020
Jim Rauch
At LeadQ, we’re seeing new prospects increasingly prefer to call law firms that offer phone and/or “video” virtual consultations. If your law firm is considering expanding from phone consults to doing virtual consults, a variety of online tutorials can give you a basic overview of how these platforms work. Here are some additional tips you may also need to help you retain the most clients possible: Have your meeting room…
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May 20, 2020
Jim Rauch
The COVID pandemic has affected law firms large and small across America. To continue operating, many have been forced to operate virtually, even if systems were not previously in place to do this. But as areas begin to open up again, consider continuing the transition into a virtual law firm full-time. It may help you handle the expected growing demand for filings as a result of the pandemic and to…
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March 27, 2020
Jim Rauch
Nearly every aspect of our “normal” lives is altered right now in one way or another. Each day brings new challenges and considerations. As we navigate this evolving environment, it’s vital that your commitment to your business and clients remains constant and active. That means making adjustments to how you run your firm. Many companies, both global and local, are currently buying equipment, training staff, and setting up new processes…
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September 3, 2019
Jim Rauch
If potential clients have an issue with where your office is located, you may be losing out on a considerable number of cases for your law firm. Below, are five easy solutions to overcome this, without moving your office. What is a bad location, from a client’s viewpoint? – Clients have a difficult time finding your office. – Your office is not readily locatable using a maps website or app….
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February 1, 2019
Jim Rauch
How do law firms keep their lead generation expenses down and still generate the most bang-for-the-buck? By choosing the most cost-effective method of generating new clients. So what works best and why? What are the conversion rates and hidden costs? Two common types of internet-generated legal leads: 1. Mass distributed email leads 2. Qualified, exclusive-to-your-firm, phone leads Mass distributed email legal leads These types of legal leads are typically generated…
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July 6, 2017
Jim Rauch
If you’re seeking to grow the number of bankruptcy cases your firm handles, here are three easy ways to increase the number of clients calling you just by making a few clicks. 1. Sign up free to be the featured bankruptcy law firm for LCBC in your market If your market area is available, your law firm can easily sign up to receive new bankruptcy clients for free as the initial featured…
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March 13, 2017
Jim Rauch
U.S. bankruptcy filing statistics for 2016 and current 2017 projections for the U.S. unemployment rate show the current trend of falling bankruptcy filings, year-over-year, appears to be ending in the coming months. LeadQ has shown, in past postings, the correlation between bankruptcy filing rates and unemployment rates as far back as 2010. (See LeadQ 2015 article Using Unemployment Rates to Predict Bankruptcy Filings.) According to the Trading Economics global macro…
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November 11, 2016
Jim Rauch
In December, 2015, LeadQ published projections for U.S. bankruptcy filing rate trends for 2016 based on federal filing statistics. According to government filing reports to date, our projections appear to be on target. U.S. bankruptcy filing statistics for Q3, 2016, recently released on uscourts.gov, show actual filings were 199,417, a decrease of just over 13,000 from the same period one year earlier. July, somewhat of an anomaly in the overall trend,…
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November 7, 2016
Jim Rauch
Bankruptcy attorneys are often able to prevent the pending foreclosure of property owned by a client filing for bankruptcy. So why not target more foreclosure cases when seeking more bankruptcy clients? Filing for bankruptcy is just one of many different strategies that enable people to save their homes from pending foreclosure. It may, or may not, be the appropriate and preferred solution for a specific prospect. When advertising to foreclosure…
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February 10, 2016
Jim Rauch
In December, 2015, LeadQ published projections for U.S. bankruptcy filing rate trends for 2016 based on federal filing statistics released through third quarter of 2015. Based on those statistics, and associated unemployment rates, we projected 195,300 total U.S. bankruptcy filings in fourth quarter, 2015, and approximately 203,000 total filings in first quarter 2016. U.S. bankruptcy filing statistics for Q4, 2015, recently released on uscourts.gov, show actual filings were 194,947, just 357 below LeadQ’s…
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December 8, 2015
Jim Rauch
U.S. bankruptcy filing rates, having dropped as much as 20% per year since 2012, are changing as we move from 2015 into 2016. Based on the assumption (as shown in a previous LeadQ article, Bankruptcy Filing Trends: Using Unemployment Rates to Predict 2015) that bankruptcy filing trends follow the U.S. unemployment rate trend, 2016 filing rates appear to be headed into a period of stability. According to the International Monetary Fund…
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September 22, 2015
Jim Rauch
U.S. Bankruptcy filing data, as reported on uscourts.gov, show Q3 and Q4 filing rates to typically decline over posted numbers for the first half of the year and from the previous year as well. 2015, based on recent filing data, may finally follow a different trend. Based on past years’ filing data, LeadQ anticipates U.S. bankruptcy filing rates to fall just slightly in Q3 2015, when final reporting data is…
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August 24, 2015
Jim Rauch
As of mid-2015, Google reports that online searches for local businesses on mobile devices now outpace searches on desktop computers. And according to LeadQ data, searches on mobile devices specifically for “bankruptcy attorneys” (and associated similar keywords) are also on the verge of overtaking desktop searches. While still behind the national curve in most U.S. markets, mobile searches for bankruptcy attorneys have crossed the 50% threshold in several markets. What…
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August 24, 2015
Jim Rauch
According to 2015 bankruptcy filing statistics released last month by uscourts.gov, U.S. bankruptcy filings fell an average of 12% in the 12-month period ending June 30, 2015 over the same period one year ago. Across the U.S., bankruptcy filing rates dropped from 8% to 19%, depending on the district. District 9, covering the western states, experienced the largest decline in filings, with demand for filing bankruptcy falling to just 81%…
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May 15, 2015
Jim Rauch
2015 Q1 statistics for U.S. bankruptcy filing trends, recently released on uscourts.gov, show a slow decline in filings from the same period one year ago. However, some districts continue to see filing rates decline as much as 16%, while other districts appear to be holding virtually steady, showing a decline as little as 4% since 2014. How has your District fared in the last year? Districts with the smallest declines…
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March 31, 2015
Jim Rauch
Since 2007, the U.S. bankruptcy filing rate has followed the same curve as the U.S. unemployment rate rather predictably. Both rates peaked in 2010 as a result of the great recession, and have since fallen steadily. So how might bankruptcy filing trends continue into 2015 and beyond? Though no U.S. government agency releases projections of bankruptcy filing rates, several agencies do offer projections for the national unemployment rate. According to…
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March 25, 2015
Jim Rauch
Bankruptcy attorneys across the U.S. may receive unlimited free bankruptcy leads simply by listing their law firms with Low Cost Bankruptcy Centers of America (LCBC). With a “Free Participant” listing on www.LowCostBankruptcyCenters.com, law firms may be contacted directly by site visitors in their local markets who want an initial consultation with a bankruptcy lawyer. What is Low Cost Bankruptcy Centers of America? Who Qualifies to Receive Free Bankruptcy Leads? Low…
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November 7, 2014
Jim Rauch
Q3 2014 U.S. Bankruptcy Filing Statistics, released recently on uscourts.gov, provide more bad news — and some good news — for practicing bankruptcy attorneys. Nationally, total bankruptcy filings dropped 14% in September 2014 from September 2013. While District 5 filings dropped a whopping 22% from the same period one year ago, other districts declined as little as 4% (District 7). Back to Normal? However, further declines in the bankruptcy filing rate…
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September 24, 2014
Jim Rauch
These five key strategies can help attorneys significantly grow their bankruptcy case volume cost-effectively and without significant upfront marketing expense – even in the current market conditions: 1. Cultivate your referral network Actively communicate with your current and past clients using friendly, helpful follow-up communication that is designed to encourage them to refer you to others. If you don’t ask for referrals, clients often will forget to do it, even…
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July 29, 2014
Jim Rauch
2014 Q2 U.S. Bankruptcy Filing Statistics, released this week on uscourts.gov, show a continuing decline in case filings across all 9 districts — as much a 39% from just two years ago. Despite a seasonal surge in filings March through May, 2014, all districts ended the first half of the year back at nearly the same filing pace as the year’s start. Overall, as much as 39% fewer cases (District…
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April 24, 2014
Jim Rauch
Maintaining positive cash flow for your bankruptcy law firm is crucial. Here’s how you can continuously generate new clients for your firm without paying for the efforts until you’ve collected your attorney fees. Step 1: Generate incoming client prospects without paying upfront to generate them. Step 2: Collect your full fee or an initial down payment and installments toward your fee prior to filing the case. Step 3: Then, pay…
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February 19, 2014
Jim Rauch
Fourth quarter 2013 U.S. bankruptcy filings statistics, recently released on uscourts.gov, show total filings down 13% from the same period in 2012, and down 24% from Q4 of 2011. From June through December, total filings dropped significantly in all 11 Districts, signaling a continued slide in bankruptcy filings going into 2014. In some states the decline in filings was even more dramatic. Arizona and California, for example, saw a decrease in…
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December 5, 2013
Jim Rauch
The sexiest attorney is the one whom prospects are most attracted to hire. Here are 10 ways to make your law firm more attractive to new clients, enabling your firm to close more attorney leads into clients. 1. Post testimonials One of the surest ways to turn attorney leads into clients is to demonstrate, with glowing testimonials, the experience others have had with your firm. Use testimonials to demonstrate how…
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December 3, 2013
Jim Rauch
If you’re a family law attorney looking to generate more clients for your firm, or are stuggling to generate family law leads from your current marketing efforts, here is a review of the most common methods for generating family law leads online and how well they actually work. Referrals Referrals are always the best source for generating family law leads for law firms. But building up a referral base takes…
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