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The Franchise Umbrella

A modern way for Independent
  Lawyers to work together
The Mechanics
•   It is a hybrid (umbrella) structure
•   Borrowing from the franchise world
•   Using tools from standard consultancies
•   We help you grow your business within ours
•   We will support your growth ambitions
•   We will help you address your weaker skills
•   We want you to succeed and grow your business
    because it will help us grow our business
The Model
• It is essentially a fee sharing model
• You engage at any level - the choice is yours
• The key driver is billed and paid hours
• When your clients have paid – so do you
• Active debtor management is essential
• The more you bill and collect the more you
  earn
• It really is that simple.
Our package – the benefits
•   Training in sales and basic marketing
•   Training in our office systems
•   We help you to set yourself up to trade
•   SOS case management and accounts software
•   Branded email address and stationery
•   Access to a full range of precedents
•   Access to Law League’s benchmarking tool
•   Access to common search and similar facilities
……….more benefits
• Land Registry online
• Central finance and cashier support
• SRA compliance with our supervision – so you
  don’t have to worry
• PI insurance – to £10 million
• Telephone answering from 9am to 5.30pm
• PR and marketing assistance
• Meeting rooms available in South West
• Lexcel compliant office manual
How much will I make?
• Fees on a sliding scale from 50% to 80% of what
  you bill can be yours
• It is up to you - it is your business after all….
• To be successful you will need to:
   – actively market
   – network
   – support our Social Media presence
   – add articles to your web pages
   – have a following
   You need to help us help you – it’s a team game
Sales & Marketing
• If you don’t know about CRM we will help you
  learn how to organise and use your contact
  and client data
• We will seek local and regional press coverage
• We will support your personal launch event
• You will learn to market easily with our help
• 3rd party sales and marketing packages are
  available at your cost
Want to leave?
• We hope not
• However this is a lifestyle business and you
  choose your own pace
• Your clients are yours
• If we or other consultants introduce you to
  clients they are ours
• Our approach is business-like and commercial
• There are no restrictive covenants
Supervision
• A necessary professional business precaution
  – you will not be alone
• The directors are responsible for you
• Regular visits are the normal routine
• Weekly 1-2-1’s are available and can be useful
• 6 monthly social gatherings
• Support can be made available at other times
  to suit you
          .
Referrals
• We will not spoon feed you - it is your
  business
• We have lead generation techniques and we
  prioritise referrals to new joiners
• Referrals are not guaranteed; you need to be
  sure of your following before you join us
• Engage with us at the level at which you feel
  comfortable
What Lawyers are we
                 interested in?
• Our preference is 3-5 years PQE or more
• Corporate/Commercial, IP, (Renewable) Energy,
  Agriculture, Employment and Commercial
  Property
• And anyone, save for PI solicitors and residential
  conveyancers, will be considered
• If you are a parent balancing childcare with work,
  want to reduce your hours, retiring, returning or
  redundant, why not try us if you have supportive
  clients?
          ..
Technology
• Technology lies at the centre of our offering
• You need to be able to use technology or
  outsource to others – you choose
• If you can operate a smart phone, you have
  the skills we need
• Working smarter, faster and cost effectively is
  the name of the game for law in the future
Joining Fees
• Again we have choices
• Early joiners will get soft terms
• The joining fee will increase as we grow - this
  is a ground floor opportunity
• We can discuss the detail when we meet – call
  us now on 020 798 90754 or email us at
  Enquiries@lawontap.co.uk

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The Franchise Slide Show

  • 1. The Franchise Umbrella A modern way for Independent Lawyers to work together
  • 2. The Mechanics • It is a hybrid (umbrella) structure • Borrowing from the franchise world • Using tools from standard consultancies • We help you grow your business within ours • We will support your growth ambitions • We will help you address your weaker skills • We want you to succeed and grow your business because it will help us grow our business
  • 3. The Model • It is essentially a fee sharing model • You engage at any level - the choice is yours • The key driver is billed and paid hours • When your clients have paid – so do you • Active debtor management is essential • The more you bill and collect the more you earn • It really is that simple.
  • 4. Our package – the benefits • Training in sales and basic marketing • Training in our office systems • We help you to set yourself up to trade • SOS case management and accounts software • Branded email address and stationery • Access to a full range of precedents • Access to Law League’s benchmarking tool • Access to common search and similar facilities
  • 5. ……….more benefits • Land Registry online • Central finance and cashier support • SRA compliance with our supervision – so you don’t have to worry • PI insurance – to £10 million • Telephone answering from 9am to 5.30pm • PR and marketing assistance • Meeting rooms available in South West • Lexcel compliant office manual
  • 6. How much will I make? • Fees on a sliding scale from 50% to 80% of what you bill can be yours • It is up to you - it is your business after all…. • To be successful you will need to: – actively market – network – support our Social Media presence – add articles to your web pages – have a following You need to help us help you – it’s a team game
  • 7. Sales & Marketing • If you don’t know about CRM we will help you learn how to organise and use your contact and client data • We will seek local and regional press coverage • We will support your personal launch event • You will learn to market easily with our help • 3rd party sales and marketing packages are available at your cost
  • 8. Want to leave? • We hope not • However this is a lifestyle business and you choose your own pace • Your clients are yours • If we or other consultants introduce you to clients they are ours • Our approach is business-like and commercial • There are no restrictive covenants
  • 9. Supervision • A necessary professional business precaution – you will not be alone • The directors are responsible for you • Regular visits are the normal routine • Weekly 1-2-1’s are available and can be useful • 6 monthly social gatherings • Support can be made available at other times to suit you .
  • 10. Referrals • We will not spoon feed you - it is your business • We have lead generation techniques and we prioritise referrals to new joiners • Referrals are not guaranteed; you need to be sure of your following before you join us • Engage with us at the level at which you feel comfortable
  • 11. What Lawyers are we interested in? • Our preference is 3-5 years PQE or more • Corporate/Commercial, IP, (Renewable) Energy, Agriculture, Employment and Commercial Property • And anyone, save for PI solicitors and residential conveyancers, will be considered • If you are a parent balancing childcare with work, want to reduce your hours, retiring, returning or redundant, why not try us if you have supportive clients? ..
  • 12. Technology • Technology lies at the centre of our offering • You need to be able to use technology or outsource to others – you choose • If you can operate a smart phone, you have the skills we need • Working smarter, faster and cost effectively is the name of the game for law in the future
  • 13. Joining Fees • Again we have choices • Early joiners will get soft terms • The joining fee will increase as we grow - this is a ground floor opportunity • We can discuss the detail when we meet – call us now on 020 798 90754 or email us at Enquiries@lawontap.co.uk