Category: Uncategorized

15 May 2020

Insulate yourself from the worst part of being a lawyer! 5 years ago

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iQualify Lending
Posted by iQualify Lending
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Be the expert your clients need. 

We all know that in the professional space, presentation is everything. Unfortunately, for many, the art of presentation does not come naturally. Your “pitch” is your chance to “sell” your potential client on the benefits of hiring you over the rest. But the same psychology that plagues people with fears of public speaking comes into play when it’s time to pitch: fear of rejection. The fear of rejection is at the top of the list of our primal fears. But what if you could calm those fears by letting someone else handle the hard part for you? iQualify is now in the legal lending space, ready to help you attract and make more by stopping you from chasing clients for money. 

Fortify, powered by iQualify, insulates you from the fears of rejection. When you present our Fortify software to your clients to handle their legal retainer financing, you are simplifying the “pitch” process and making it about our system…it’s not personal. Fortify is a convenient,  modern way to get new clients signed up when they come to you. 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. 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.

iQualify takes the pressure out of your pitch and helps you tell your potential clients a compelling story. At the end of the day, a simple, compelling story, especially one told by an expert, is the key behind all marketing–including your presentation as a lawyer. Everyone is looking for an affordable way to hire an expert to help them with their case. With the pressures of payment options and chasing money gone, you can get back to being the expert your client needs and wants to put their trust in. 

Think about an orthodontist. When they present you with a case for your daughter’s braces they don’t just say, “you need this and it costs $5,000”? No. You’re told that your daughter’s smile can be improved and that she’s going to have a greater and happier life because of it for only $150/month for a few years. Sold! You can take your potential clients down the same path by helping them understand their own story. Ask them, 

“What specific outcome would be the best-case scenario for you in this case? Why that outcome specifically? What is the specific time frame in which this needs to happen? Is that outcome going to be cheap or expensive? What happens if we don’t get that outcome? If you want the best solution, it will be expensive… but can I present you with an affordable way to get there?”

You are the expert guiding your potential client through this confusing, scary world. They want to trust you and you want to be your confident best and help them win their case. Adding a third-party lender insulates you from the pain and headache of playing stern parent or exasperated loan collector. Fortify by iQualify is ready to take on that role so you can get back to concentrating on being the expert your clients need. 

9 Apr 2020

When the Law Business Returns to Normal, Make Things Simple. 5 years ago

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iQualify Lending
Posted by iQualify Lending
Uncategorized

Be ready to have legal retainer financing in place and make life easier for your clients.

The COVID-19 pandemic has affected every business and industry on the planet. Your law practice is no exception. The economy is on pause for the time being, and this likely means a lack of clients and work for many attorneys. Now is the time to prepare and strategize. “This too shall pass”, and when it does you’re going to come out on top this time. When things return to normal, or when you figure out what the new normal is, it’s time to make things simple. 

People are going to need attorneys more than ever when social distancing ends. Human nature dictates they are still making mistakes and having legal disputes under quarantine. When the stay-at-homes are lifted, partygoers will go back to the bars in droves (and have accidents). Millions of quarantined couples are experiencing significant stress and pressure on their relationships. Once the shelter in place is lifted, expect divorce cases to skyrocket. Is there a simple way to capture that business? Yes. 

The power of making things simple: Make a clear path and make it easy for them to say ‘yes’. 

If anything, this time of isolation and reflection can help you take stock of just how cluttered and complicated you’ve been making things. When the economy turns back on, people will be searching for lawyers en mass. With the flood of people who will be searching, he with the easiest solution will win! Fortify, powered by iQualify Lending, makes things easy by offering your clients payment options that they can easily understand. 

Start using the Fortify software and you’ll have an easy, modern way to get new clients signed up when they come to you, As the attorney, you get paid upfront with both cash and financing options and get paid over time with an in-house payment option. 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. Why? They make things easy!

Clients will be under a lot of stress and confusion when the COVID-19 pandemic is over and they’re going to appreciate an easy solution to their payments. Legal fee financing takes the guesswork and headache of retainer payments off your clients’ minds and lets you start making more money, almost immediately.

Ready to see how it works? Let’s get started now. iQualify Lending will help you make your law practice easier for clients and making more money your new normal.

16 Mar 2020

An Attorney's Worst Nightmare 5 years ago

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iQualify Lending
Posted by iQualify Lending
Uncategorized

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.

27 Feb 2020

Why are Young Attorneys Getting the Good Reputations? 5 years ago

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iQualify Lending
Posted by iQualify Lending
Uncategorized

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. 

12 Feb 2020

Become the Attorney who Actually Does the Work with iQualify Lending Payment Options 5 years ago

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iQualify Lending
Posted by iQualify Lending
Uncategorized

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.