Legal Funding UK For Solicitors

Looking For Legal Funding UK?

Legal Funding UK For Solicitors From Nick Jervis, Samson ConsultingIn working with so many solicitors in every conceivable sector of law, I often hear how difficult it is to obtain legal funding. I am pleased to let you know that it doesn’t need to be.

Whilst some commercial solicitors have struggled to obtain funding for their law fierms, particularly if they were largely reliant on the commercial property sector, other personal injury solicitors have had their legal funding for disbursements cut or removed completely.

I have heard from many solicitors that the banks have clearly pulled back on a lot of their legal funding. Whereas once solicitors seemed to be a sure fire bet, over the years that has changed.

However, there are still many lines of legal funding available and I can introduce you to them.

I am regularly approached by legal funding providers who said they could help my solicitor clients and contacts. As when I am approached by any new provider I always like to test them out with people I know to see if they like them, can work with them, and the deals offered are good. If they are, I am happy to tell other solicitors about them if they ask. If not, I prefer to protect my reputation and not mention them. So two firms of solicitors who both were in urgent need of legal funding and were having trouble securing it from tradional lines approached me and asked if I knew anyone who could help. I connected the two firms of solicitors with the new legal funding provider, on the basis that of course they do their own due diligence, and within two months both firms secured the amount of funding that they needed and were very, very happy with the whole experience. Here is what one of them said:

“Many thanks for your kind introduction to the legal funding provider earlier this year. I was able successfully to raise additional capital for my business with them, despite the smaller size of my pension fund. Many thanks. “

So if you are in need of funding for your legal practice, whether for disbursement funding, to fund a merger or to fund a marketing strategy to dramatically grow your business (says the legal marketing guy hopefully), just let me know.

Whichever method of legal funding you are interested in, if you would like more information, please download my guide below and then ask me for my recommendations (no cost or obligation to proceed):

6 Fastest Ways To Win New Law Firm Clients – Click to download now:>>

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Legal Website Design

Case Study

Beating the big boys whilst spending a fraction of their budget

We focus on accident claims, and it’s vital for us to have a strong web presence, which we didn’t have before Nick got involved.

As a result we had to buy in leads from other sources, reducing our profit margins and making us reliant on other companies to generate revenue.

We did have a company working on our Adwords and website, but the truth of the matter is that they weren’t getting the results we needed them to get – we only had a handful of clients coming in from those efforts, making us highly reliant on buying in the leads from elsewhere.

And then I came across one of Nick’s books, was impressed by what I read and got in touch with him.

The rest – as they say – is history.

We started working together with a clear brief: Nick’s job was to help us bring in more self-generated work, so we could stop relying on buying leads.

He started by working on our website, making it more accessible and easier to navigate.

Next he overhauled our Google Adwords, which the previous company had been running fairly unsuccessfully.

Adwords is hugely challenging in our sector, with some very big players bidding on some of the most common keywords, making it very difficult for any smaller firms to get a look in, and I’ve got to be honest and say that I didn’t know how Nick was going to make it work.

But he did, by analysing very closely what people were looking for and tailoring our Adwords efforts towards them.

It worked! We were competing with the big boys whilst spending a fraction of their budget, and the amount of work we got in was tremendous – we jumped from just a handful of leads and clients a month to 500 leads and 150 clients, every single month, all from our online efforts.

Nick didn’t just work on the lead generation side of things either – he helped us with the client conversion process too, training our team, making our sales calls better and improving our onboarding process to avoid drop-offs due to ‘cooling off’.

Now we don’t buy in any work at all, our pay-per-click efforts do a sterling job, and the large client database that Nick has helped us build has allowed us to increase the amount of work we do by a factor of ten, in just three years.

I’m one extremely satisfied client, and despite the dramatic differences Nick has been able to make in the time we’ve been working together, things are still improving thanks to his guidance and support.