Legal Bistro is an online community where consumers with legal needs are able to post their cases anonymously. The service is 100% free for consumers. Lawyers use our site to find new clients. Our blog has been developed to provide relevant and timely legal content for both lawyers and consumers.
Bid-for-Placement: what does it mean? Why do we need it?
A bid is a sum of money that a lawyer offers for the opportunity of talking to a client, to receive his contact information and discuss his case (the minimum amount you can bid on is 6 law dollars).
It’s important to remember that a lawyer’s bid on a case determines where in the list of competing, “bidding” lawyers their profile will be displayed to the clients, who posted the case. The profile with the highest bid will be displayed first and the lowest, respectively, the last.
An “Elevator Pitch”, also known as an elevator speech or statement, is a short summary used to quickly define a person, product, profession or organization and its ValueProposition. The name “elevator pitch” conveys that the person who is delivering the message has about the same time that it takes the typical elevator to go from the ground floor the top floor to convince their audience about their proposal. A well designed elevator pitch should be between 30 and 60 seconds.
How to Write a Good Elevator Pitch
The “Elevator Pitch” on Legal Bistro is five lines (500 words maximum) of text that are displayed to potential clients in what we call the “Short Profile Preview”. This is the very first thing that a potential client will see about you and your law firm so you should give a lot of thought to what you would like to say.
Do you need a lawyer but are intimidated by the legal process? Are you concerned that professional legal services may be financially out of reach? Perhaps English is not your native language and you are having trouble finding a qualified attorney with whom you can effectively communicate. Don’t worry, if you answered yes to any of these questions you are not alone.
We built Legal Bistro because we were inspired by the contribution that Lending Tree made to the process for finding a mortgage lender. Lending Tree used the power of the Internet to bring online competition in the mortgage application process. Equally important is that Lending Tree’s website has helped consumers to better understand the process of applying for a home loan. We hope that Legal Bistro can achieve similar results in the legal services market.
When Lawyers Compete, You Win!
The single biggest reason why consumers love our service is because Legal Bistro facilitates lawyers competing online to serve the client. Our Company motto is that When Lawyers Compete, the Client Wins!Frankly, we believe that both lawyers and consumers win when the competitive playing field has been leveled.
Are you happy with the current Return on Investment (“ROI”) for your online legal services marketing dollars? Are you spending too much of your time qualifying leads? Do you know anything about the visitors to your law firm’s website besides their IP Address and the date and time of their visit? More specifically, are you being provided with case specific facts that will help you evaluate their legal needs?
If you have answered yes to some or all of these questions then perhaps you will appreciate why lawyers love Legal Bistro.
YOU ARE IN CONTROL
You decide what cases you see based on the Practice Groups, Case Types and Tag or Key Words used when defining your Areas of Practice.
In a News Channel 5 story entitled: Man Loses $22,000 in New “Policing for Profit” Case, a Monterey, Tennessee police officer took $22,000 from a New Jersey professional insurance adjuster even though he had not committed a crime. George Reby had been stopped for speeding on I40 traveling west through Putnam County while on his way to a conference in Nashville, TN. Mr. Reby was asked by the police officer if he was carrying any large amounts of cash to which he replied: “approximately $20,000″. The officer then asked Mr. Reby for permission to search his vehicle where he found a bag containing $22,000.
The officer stated that because of the way that the money was rolled and placed in the bag, he suspected that it might be drug money. Despite the fact that there was no evidence supporting this suspicion and because Mr. Reby could not prove (at that time) that the funds were legitimate, the officer confiscated the money under Tennessee law.
When questioned by Channel 5 News as to why he did not arrest Mr. Reby, Officer Larry Bates replied: “Because he hadn’t committed a criminal law.” Bates is part of a system that, NewsChannel 5 Investigates has discovered, gives Tennessee police agencies the incentive to take cash off of out-of-state drivers. If they don’t come back to fight for their money, the agency gets to keep it all.