Category: Uncategorized

An Attorney's Worst Nightmare 3 weeks ago

Does this story sound familiar?

As attorneys, we’ve all been in this situation before: your heart sinks as you receive an email from your payment processor stating your client’s monthly retainer payment of $400 has been declined, disputed, or—worst of all—charged back, returned, etc. The disputed amount gets taken out of your account immediately and you’re left with no recourse to prove the charge was authorized. Even if you do provide proof, you have to wait up to three months to see that money returned. 

These kinds of financial nightmares occur all the time. It doesn’t seem, at first, like they have that large of an impact on your bottom line. But after it happens to you several times in a month, you start to feel panicked. It starts to make an impact on your life, from paying bills to making rent. Is this your new, terrifying status quo? Aren’t lawyers supposed to be financially secure? Chasing payments and going after clients to get paid is not the job you took the bar exam for. 

You might resolve many of these issues over time, but as they start stacking up you feel like the nightmare will never end. Dealing with legal lending challenges and going after retainer payments causes a “bad vibes” avalanche that, if left to snowball, can spread and cover all aspects of your life…affecting your staff, the family you go home to, and your caseload of other clients that are paying on time. Everyone has to get paid and you’re carrying the stress of how that happens.

The byproduct of all this instability is that fear and desperation can set in. Fear is why we’ve all made the mistake of trying to milk every client upfront. Losing clients to cost leads to desperation, desperation leads to frustration, and clients can sense it. The avalanche spreads…This happens daily, all across the country, in firms and practices both big and small. Older, established firms deal with it and new, hardworking young lawyers deal with it too. The legal retainer financing problem plagues all. However, the smartest attorneys—the ones who keep searching, learning, and pursuing ways to improve their careers—all seem to land on the same solution for the problem. They’ve found the holy grail of legal payment management. They’ve found iQualify Lending. 

iQualify, powered by Fortify, will cure your retainer financing headache once and for all. You’ll be able to get back to doing what you were meant to do…practice law. iQualify provides a legal lending solution that attorneys across America are using daily to sign more clients, make more money, and get rid fo the stress of chasing clients for money. It’s affordable and can start fixing your practice’s financial problems immediately. Our client payment management system builds a structure of financial stability in your practice. It doesn’t happen overnight, but the change iQualify brings to your business frees up time and is the key to moving forward and conquering your law practice without fear!

Achieving financial stability for your law practice with iQualify is a three-step process. 

  • Step 1: you sign up and get the Fortify software
  • Step 2: getting clients signed up, stress melts away
  • Step 3: financial stability and YOU practicing law, not collections 

Ready to see how it works? Reach out to us right now and see for yourself how iQualify Lending can vanquish your fears, make you more money, and get you on the path to success today.

Why are Young Attorneys Getting the Good Reputations? 1 month ago

Legal Retainer Financing Makes it Easier for Lawyers to Get the Work Done.

Everyone knows it’s true: with age comes wisdom. You expect that, as you mature through adulthood, you’ll just keep getting smarter, earning more, and increasing your levels of confidence and not giving a f**k. 

So why are young attorneys outworking and outpacing the older ones? In a job that values experience and intelligence, how are the new kids picking up so much momentum? Young attorneys are outworking old attorneys by using technology like Fortify to get paid by all their clients and doing all the work. This leads to great results, referrals, and a good reputation. These attorneys can take most of their cases to completion because they use Fortify, enabling them to sign more cases than others because of the flexible payment options. 

Why Can’t the Old Guys Keep Up?

iQualify’s revolutionary style of legal retainer financing, Fortify, presents a whole new way of thinking about legal lending. Fortify was only recently given the seal of approval by the ABA, making it a time for early adopters to jump on board. 

Older law firms are struggling to keep up because they’re not adapting to these new systems and ways of thinking about practicing law. Older lawyers have maybe even tried adapting to other new systems in the past but, left to their own devices and without help, they had a bad experience. It made them feel small. Meanwhile, young attorneys are currently in their hopeful, entrepreneurial phase of life. They are looking for systems to make life and work easier and make the money they want. They want to feel large. They’re ready for a system like Fortify.

Fortify, powered by iQualify Lending, offers your clients payment options that work for them and that they can easily understand. As the attorney, you get paid upfront with both cash and financing options and get paid over a period of time with an in-house payment option that can generate recurring revenue that you don’t have to chase. iQualify attorneys get paid their full retainer on most of their cases without ever having to chase their clients for money or call them for payments. 

Don’t be jealous of how the young generation is finding their success! Join them and start instituting better business practices like iQualify and Fortify today. Develop a reputation as a cutting-edge, modern lawyer willing to embrace change and tackle new systems. Learn more and start living like you’re young today. 

Become the Attorney who Actually Does the Work with iQualify Lending Payment Options 2 months ago

Stop letting money walk out of your office door. 

We’re going to share a number with you….63%.

That’s the number of potential clients that have a consultation with a lawyer and leave feeling unsure about the cost and/or payment options. Think about that number. 6 out of 10 clients you speak with will leave a meeting feeling unsure about how to hire you, and what the next steps are to move forward.

In most cases when that happens, guess what happens next? The potential client reaches out to another attorney. 

Another attorney who signs them simply because they take the time to offer them better payment options. 

And I’m sure you’re thinking to yourself, I know this happens sometimes, but the numbers can’t be that high. 

Here’s another number…87% of those people who leave feeling unsure, do hire an attorney, just not you. 

If you’ve spent your ad revenue on getting people in the door, why let that many walk right out? 

With Fortify, powered by iQualify Lending, you can offer a cash option(get paid upfront), a financing option (get paid upfront) and an in-house payment option (get paid over time) that can generate recurring revenue that you don’t have to chase.

Imagine getting paid your full retainer, on most of your cases, without ever having to chase the client for money or call them for payments. 

Too many attorneys get into the habit of taking half down and then dropping cases when their clients don’t end up paying them. Wouldn’t it be a radical idea if you took more clients AND worked on each case, with the certainty of your recurring income each month? 

Fortify does all of the work for you, with none of the hassle. And with our system, attorneys are signing, helping and most importantly, getting paid by more clients than ever before. 

Stop letting other attorneys poach your clients. Offer more payment options and keep potential clients saying yes more often. Work with iQualify Lending and, before you know it, you’ll develop that reputation as the lawyer that actually does the work.