To understand the process, let us first introduce you to Legal Cost Finance, the catalyst for Catalist.
We believe that everyone should have fair access to justice; whether an individual or a business, for contentious or non-contentious matters, and irrespective of their financial standing.
However, a key barrier to justice is that lawyers often seek up-front payments for their services from clients. They do this to avoid the hassle of chasing clients for money after the legal work is done.
Of course, clients don’t always have the means, desire or level of trust to pay large sums to their lawyer from the outset. This is why we believe that lawyers should offer their clients the convenience and affordability of paying legal fees by instalments through Legal Cost Finance.
Since 2013, Legal Cost Finance has helped thousands of clients to get access to justice through affordable and ‘cost-neutral’ payment plans, specifically designed to cover legal costs.
In turn, Legal Cost Finance has helped hundreds of lawyers to minimise ‘aged debt’ and the worry of when, and indeed if, legal fees will be paid. Payment plans from Legal Cost Finance pertain to all sorts of legal matters, both contentious and non-contentious; and cover all cost-types (such as court, solicitor, barrister and witness fees).
HELPING & CONNECTING.
‘Payment plans’ offer clients a highly attractive alternative to paying large legal costs up-front. Yet Legal Cost Finance provides support that goes beyond financial solutions.
Legal Cost Finance is fast becoming the first port of call, not only for clients requiring an affordable and convenient way to pay their legal costs, but also for those looking for the right lawyer to support them with their legal matter.
Our team empowers consumers with helpful information and knowledge on the legal process, transparently and with high relevance to their specific needs – they trust us to help them make the best legal support decisions.
Our trained paralegals thoroughly screen the consumer to ensure they have a legal matter worth pursuing.
In consultation with the most appropriate Catalist panel member, our team will estimate the expected legal costs involved (knowing that costs can vary as the case progresses), and will find suitable versatile funding facilities, such as a ’payment plan’.
Then – and ONLY then – when we know the consumer has a legal matter worth pursuing and has the necessary funding in place, Legal Cost Finance formally connects the client with the Catalist panel member most suited to the client’s individual needs.
The groundwork will already have been done. We will have eliminated the resources and time you would otherwise spend on pre-screening new enquires.
Become part of the most reliable marketing platform in the legal sector
Legal Cost Finance operates a powerful national marketing campaign to raise awareness of ‘payment plans’, which are proven to be the preferred solution for consumers with legal cost payment obligations.
We consolidate membership contributions from all panel members into our national campaign, which provides both a ‘blanket’ marketing cover across the UK, whilst also concentrating on specific geographical areas, to deliver highly targeted and bespoke awareness for participating panel members.
Our multi-channelled marketing platform includes the following disciplines, and targets consumers across all geographics and demographics for both businesses and individuals:
online activity such as AdWords, powerful Search Engine Optimisation (SEO) methods and national directory listings on the likes of yell.com;
social media organic and paid-for campaigns across networks like Facebook, LinkedIn and Twitter;
media relations activity with the national press, influential bloggers, broadcast and general consumer publications;
advertising campaign across regional radio stations, consumer publications and ‘outdoor’ media;
email marketing campaigns;
‘grass roots’ activity at a micro-local level.
The marketing campaign delivers a high volume of consumer enquiries directly to Legal Cost Finance. Our Strategy Team analyse these enquiries to provide accurate indicators of financing levels at both nationally and by segmentation (in terms of specific geographical locations and areas of law).
In order to create an achievable income target for your practice, we examine the following:
1. the ‘total value’ of legal cost financing generated from direct consumer enquiries within your specified geographical reach and areas of practice;
2. the percentage of this ‘total value’ legal cost financing, which is already allocated to legal practitioners; and
3. the percentage of the unallocated legal cost financing, which your practice wishes to receive.
Contact us today at email@example.com or by calling 0203 376 1888 to discuss how Catalist can help you.