LawBiz® Legal Pad: Charging for the Initial Consultation, November 16, 2010 Options

[Editor]

View the video

Ed shares his thoughts in this video on free initial consultations. Many attorneys feel pressured to offer free initial consultation because many of their peers do it but never not charge if you are giving legal advice. There are more than two options

The traditional train of thought:

• Charge for the initial consultation
• Don't charge for the initial consultation

What other options do I have?

• Why not charge the client 50-75 % of the normal rate with the proviso that you credit it to their account if the engage you as a as their lawyer
• When do you give them credit?
  
  • At the end of the representation. That way they are encouraged to continue working with you.

What are your thoughts?

Check out Ed on YouTube
Follow Ed on Twitter
Join the LawBiz Forum
Become a fan of Ed's on Facebook
Contact Ed


Ed's Latest Book, Published by WEST Pub Co

Growing Your Law Practice in Tough Times
By Edward Poll

Following the worst economic crisis since the Great Depression, and facing a sea change in clients' demands and expectations, law firms must respond and adapt quickly and effectively. Law firms must choose the kind of law practice they will be; the marketing and business development tactics they will use; the overhead that is critical to their functioning; how to price, bill and collect for services; and how to manage the cash flow cycle. Success lies in identifying and capturing the right kinds of clients, providing the services those clients need in ways that add value, and ensuring prompt payment and the ability to grow profits. This book, based on the experiences of the author and his clients over 20 years of coaching and consulting, provides the keys to successfully thriving in the new era.

Now Available
Special New Release Price: $79
Regular Price: $120
Call or Order Online at:
1-800-837-5880 or www.lawbiz.com








2010 LawBiz® Management. All rights reserved.