If you’re a bankruptcy attorney looking to generate more clients, or have seen your current marketing efforts falter in today’s declining bankruptcy market, here is a review of the most common methods of generating bankruptcy leads for law firms online and how well they work. Referrals Referrals are always the best source for generating bankruptcy leads for law firms. But it takes time to build a client base…
Third quarter 2013 U.S. bankruptcy filings statistics, recently released on uscourts.gov, show total filings down 13% from Q3 of 2012, and down 37% from Q3 of 2010. In September 2013 alone, total filings dropped 10% from the previous month, and are down 21% from the year’s peak filing month in March. LeadQ does not see the trend reversing in the fourth quarter. October Inquiries to Bankruptcy Attorneys Drop During Government…
People searching for bankruptcy attorneys using Google have increasingly been shifting toward using a mobile phone for their searches, according to newly released data from LeadQ, a leading bankruptcy attorney lead generation company. Over the last six months, LeadQ has seen more growth in mobile phone searches for bankruptcy attorneys across the U.S. than during any previous six-month period. While the percentage of mobile-based searches for bankruptcy attorneys compared to…
The recent 16-day U.S. government shutdown affected bankruptcy attorneys in an unexpected way. LeadQ saw the pace of new bankruptcy leads to law firms drop as much as 50% during the government shutdown as compared to the prior two week period. In some markets, such as Baltimore/DC, the pace of new bankruptcy leads dropped dramatically during this period. In other markets, such as Tucson, AZ, we saw very little change. Bankruptcy…
By following this basic business model, bankruptcy attorneys can successfully grow their firms and cash flow — even in the current market conditions. 1. Generate a steady stream of quality new client inquiries calling your law office with qualified attorney lead generation For many attorneys, this can be a real challenge. In fact, it’s actually the easiest of the 3 key steps, if done right. Instead of paying to market…
U.S. Bankruptcy filing statistics in Q2 2013, released last week, declined 13% from the same period one year ago. However, total filings increased 8% over Q1 2013. As the U.S. economy recovers, filing trends per U.S. District are changing. U.S. bankruptcy filing statistics for the second quarter of 2013, reported by the Federal Judiciary on uscourts.gov, show an increase in total filings in all Districts over Q1. But the largest…
The success of any law practice depends on having a steady stream of new clients knocking at the door. If you’re transitioning your practice into family law, or starting a new firm on your own, here are three proven ways to build your client base and generate family law leads. 1. Lead generation There are a number of different ways to get family law leads. You can work directly with…
Statistics on the number of U.S. Bankruptcy filings, released this week, show a small but continued decline in Q1 2013 from 2012. However, some surprising trends, by month and by District, are emerging. Quarterly filings statistics for Q1 2013, reported by the Federal Judiciary on uscourts.gov, show most Districts holding steady for the quarter with filing numbers in Q1 2013 similar to the previous quarter. March, though, saw a small…
Yes, over the last several years I’ve spent over $1 million to generate new clients for firms across the U.S.Based on that experience, here are the 3 most important lessons every attorney needs to know, and how to leverage what we’ve learned to lower your attorney lead generation costs (i.e., costs to acquire new clients for your law firm). More experience = lower client acquisition costs The more experience one has…
Bankruptcy lawyers can purchase a wide variety of leads from different lead generation companies. But which return a solid, profitable ROI to your law firm, and which do not? Here are some guidelines for buying different bankruptcy leads for lawyers which may surprise you. 3 Different Lead Generation Models Email leads generated from a common content siteThis model is where a website is set up that provides a lot of…
With most programs that generate bankruptcy leads for attorneys, you pay for every lead. Or, if you’re an attorney working to generate your own bankruptcy leads, you still have to pay for your marketing. But here’s how you can get up to half of your bankruptcy leads for free and turn them into clients as well. Pay only for the most qualified new clients that call you, the others are free…
Most bankruptcy lead generation programs actually fail to generate enough new clients for law firms and lawyers to justify the marketing expense. But by following these “insider” guidelines, it is possible to avoid the typical money-wasting mistakes – and instead operate a highly-profitable bankruptcy lead generation campaign for your firm. The two primary bankruptcy lead generation models that waste your money 1. Pay-Per-Click marketing or SEO for your own website….
Most law firm lead generation companies work like this: they set up a common website with information about a legal subject and include an email form on the site for people to connect with a local attorney to discuss their case. Sounds ok. But there are just two problems: Over 95% of people who search the internet are just “information gatherers”. They are not ready to hire an attorney. When they…
Successful bankruptcy attorneys that are growing their business are following a similar business model, applicable to any new law office. Generate a steady stream of quality new client inquiries calling your law office with bankruptcy lead generation This is probably the most difficult step for most attorneys. But, in fact, it’s the easiest of all, if done right. Many attorneys attempt to do their own marketing which often turns out…
In 2012, mobile-search inquiries to the firms we work with grew from 6% to as much as 40% of the total new prospect inquiries they received. Based on the current growth rate of mobile smartphone usage, we expect up to half of all inquiries to come from mobile smartphone searches by the end of 2013. If you’re not yet marketing your firm using mobile, here are some guidelines on how…
Most new bankruptcy and family law firms we work with spend no upfront money, and within a month they have doubled (or more) the volume of new cases they are handling. Here is what 3 different attorneys say about Legal LeadQ’s Pay-Per-Inquiry attorney lead generation program. “In the last three weeks, I figured that I signed up 16 new clients. I’ve also talked to about 10 others, so they’re still…