Episode 290 – How to Take Payment Plans AND STILL GET PAID IMMEDIATELY

Richard Jacobs, the president/founder of Speakeasy Authority Marketing, walks us through an easy method to let your clients pay on a payment plan, yet you can still get paid right away—a winning solution for all involved.

Jacobs is an experienced leader in the marketing business world. He has helped guide hundreds of law firms and private attorneys on their path to success, finding new ways to bring in better, more profitable clients.

Jacobs discusses a recent conversation he had with a friend who is an experienced lending associate. The program they discussed allows attorneys to accept payment plans with their clients, yet still, get paid in full within 48 to 72 hours. As Jacobs states, if you’re using the most advanced technological marketing tools, such as Speakeasy Authority Marketing’s Virtual Close system, you’re still going to find that some clients, especially during this difficult economy, will not have the money to pay your retainer.

This is where iQualify Lending, LLC can step in and help. Jacobs is not compensated for his endorsement of their services; he just believes in their product and wants attorneys to be aware of it because everything that helps you get paid in a troubling economy is a good thing.

Jacobs explains the process, and the state bar compliance. As he states, you can qualify your clients for the program right away; it’s an easy process. The qualification level is not very high and offers will come back quickly, giving your clients many options to work with you. Jacobs explains some tweaks you can make to your retainer agreement that will allow you to control your interests, and also to withdraw from the case if you need to. You can even debit for the deposit. You’ll get notice of approval and funds movement. Jacobs explains the fine details of how it all works, but in essence, it is an easy process that gets you paid!

Fees for the process are nominal, and you can even increase your fee to cover it. Jacobs discusses how the program is a success for many attorneys who are already on board, and some attorneys have even offered it to all their clients. It’s a great way to bring in and secure more clients because clients are becoming aware of it, and if they can go to an attorney who will allow installment payments, they may use them and not you. The bottom line: you really need to consider this payment option for all your clients, or at least those who express a need for financial assistance. This is a tool that can help you to make more money and keep busy, even in an economy that is struggling.

Contact Speakeasy Authority Marketing for more information, and get started with improving your entire marketing strategy!

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