Why the “License Rental” Business Model is Problematic

Solo lawyers continue to occasionally call in wanting to discuss a business opportunity that has come to be known as the “license rental” model. In short, these lawyers are being offered an opportunity to affiliate with an out-of-state firm or occasionally a non-lawyer owed company and it’s often presented as an attractive way to develop a stable flow of recurring business. The out-of-state firm or non-lawyer owned company is wanting to direct cases to the lawyers they are contacting as a way to offer legal services in the jurisdictions in which these lawyers practice. The actual work may occur under an of counsel or contract attorney relationship and participating lawyers will receive some portion of the fee coupled with an understanding that the required amount of work will be minimal. Targeted practice areas include but are not limited to debt settlement, mortgage foreclosures, estate planning, traffic violations, and criminal expungements.

Those who take the time to call me are usually wanting to make sure that, if they sign on to something like this, their malpractice coverage will be in play should a misstep ever occur. Before I answer that question, however, I always start by asking if they have given any thought to whether signing on is ethically permissible because many times the opportunity under consideration often won’t ethically pass muster for a number of reasons. Read on….

Attract Media Interest with Year-End Predictions

As the fourth quarter draws to a close, many industry, local business and legal publications will compile a year in review to summarize the significant deals, litigation, legislation and court decisions of 2019.

Reporters and editors will likely invite attorneys and business leaders to peer into their crystal balls and imagine the trends and issues of 2020. How will regulation, the election, the economy and other factors affect activity in specific sectors? Which factors will have the greatest impact and reverberate in the local, regional, national or global markets? Reporters want to know what is going to happen, so that they may share this insight with their readers — and scoop the competition.

Step forward to position yourself as a thought leader and participate in this discussion.

What Clients Want: Managing Legal Consumer Expectations in 2019-2020 – Part 2 – Guest Lecture(s) with Jared Correia

(You can listen to Part 1 here.) Jarred and I have recorded five free guest lectures covering the vast topic of  What (Clients) Want: Managing  Legal Consumer Expectations in 2019-2020.  It is nearly five hours of us discussing in depth: How Legal Consumers Find Law Firms What Legal Consumers Want Marketing Requirements for a Modern Law Firm […]

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