Hello, I’m starting a business targeting debt consolidation and bankruptcy lawyers, the service that I will be providing is bringing them clients. I will network out and bring in clients to the law firms that I’m working with. The law firm only pays if the client does business with them and they don’t pay me until they get paid! My question is, how much do I charge them for such a service and is this a good niche to target? I want it to be fair on both ends so that way I can keep them fed with new clients so they can stay continuously busy on what their good at and grow their firm while at the same time turning a profit for myself and growing my business. So what percent of the revenue generated would a law firm be willing to payout for such a service and is that the best niche to target? Thank you so much for you advice!
You want to start by covering your costs per client. Then 10% of the lawyer’s fee sounds reasonable!