To run a law firm owner needs 15 different technology our AI driver CRM solutions can not only save law firms money at the same time make it more efficient and increase revenue at the same time. Allowing law firms to scale its growth.
- When a new client calls the law firm: A) Office receptionist can answer the phone, B) During lunch hours, after hours and on the weekend AI can answer phone calls. Thus saving money on the salary at the same time increasing revenue.
- When the client is communicating with the receptionist AI can do the conflict check which is required by the state bar. Increasing speed and efficiency.
- When the new client is talking to the receptionist or the AI itself answer the call. AI notetaker will not only take the notes and will provide the summary. Again speed, efficiency and reducing labor cost.
- Once the conflict check is done AI will send the intake forms that the client will fill out instead of talking to a secretary or an attorney.
- Once the Intake forms comes back and the office qualify the new client as prospective that the law firm want to take then AI will send the payment link and deposit into the operating account.
- When the attorney is ready to do the initial consultation AI will provide a summary by reading all the documents provided by the client and will also take notes when discussing the strategy with the client. All these documents will be organized in the CRM Software.
- Once the law firm retains the client, AI will assist in drafting the declaration.
- If the case is complex our AI powered legal research will assist the attorney in drafting the Memorandum of points and authorities. Just purchasing the legal research software alone will cost the law firms an average of 7K to 10K per year.
- If the case requires discovery which often does. AI will look into the financial and will provide a summary.
- In order to practice law, law firms need legal documents that needs to be filed with court. Law firms with 6 attorneys cost around 200 to 300 per month to purchase the legal document that can autopopulate with client information. Our AI powered CRM software will not only have the legal documents it will also autopopulate all the required fields.
- Once the documents are ready the law firm needs to file the documents with the court. That brings in many challenges. A) Law firm will either need to buy a software outside the CRM system which could cost around $2,000 per year for an average law firm with 100 existing clients. In order to increase efficiency if the law firm wants an integrated solution it will cost about $20,000 per year or more. Even with the integrated solution after filing the document will be returned back the CRM System. Law firms job is still not done.
- Once the document is received back from the court the law firm needs to label the document properly. Our AI powered CRM system will do the job.
- Once the document is labeled law firm need to mark it on the calendar and inform the client about the court date. Our CRM software will not only calendar it for the attorney and inform the client about the court date through the client portal. It will automatically send email and phone calls to the client to inform about the date.
- Once the document is returned from the court, same document needs to be served to the opposing party either via in person service or via email based on the legal requirement.
- Once the document is returned with proof of service that documents need to be filed with the court. AI will do that job also for the law firms.
- One of the biggest task for the attorney’s is to keep up with different deadlines. AI will autopopulate the different deadlines and put it on the calendar then inform the client as well as the attorney.
- Collecting the money from the client is another task our system will provide as Jos FinTech technology will be included in the Jos CRM System. Saving millions per year.
- Accounting and bookkeeping is another key factor. State Bar strictly enforce many requirements and must be reported to the state bar every year. Our AI powered accounting and bookkeeping software will save a law firm with six attorneys an average of 20K or more per year.
- Most attorneys who graduate from law school are not business savvy and have no idea how to track the new client, cost of acquisition, revenue per client. Attorney and staff productivity report, forecast to scale the business. Our AI powered reporting system will do all these and more.
- Most law firms spend 8 percent of their gross revenue for marketing purposes just to maintain the current flow of clients. Aggressive law firms spend 12 to 15 percent of the gross revenue just for marketing purposes without proper tracking. As an average law firm that is generating 200K a month is revenue is spending 240K a year in marketing purposes. AI can suggest and do the marketing based on predictable outcome for one third of the cost.
- To do proper marketing attorney need to identify A) What should be your target market based on the clients income, asset and location. Our AI system can track all these information for the law firms.
- Once you identify the target market AI can also inform the law firms how much was the average retainer and how much the client paid from the beginning to the end.
- Once you identify the target market then if you can educate the client how to resolve their problems that is when the customer will want the law firms service. AI can easily identify the issues clients are facing as the AI is reading the existing clients notes.
- Once AI identify the issue law firm still need a script to record video for marketing or podcast. Our CRM software can not only read the notes and go to all the social media and write scripts that are specific to the requirements for each individual platforms.
- Once the script is done our legal software will check the content to make sure the script meets the state bar requirements.
- Once the script is ready our system will autopopulate the AI video for the attorneys review.
- Once the video is approved by the law firm AI will post the video for each law firm based on their requirements. Savings hundreds of thousands of dollars in marketing, saving time for doing all the tasks including identifying the market, identifying the issue, creating the script, eliminate the need for video shooting and posting the video while generating millions in revenue for the law firms.
Strategic advisory for organizations that want to grow with intention. Jos Nexus, LLC works with businesses on marketing strategy, nonprofits building toward long-term impact, and organizations investing in the wellbeing of their people. Binoye’s 20-year background in sales and marketing — building and training teams at scale — is the foundation this company was built on.
