Learning Your Client’s Financial Concerns
Common Client Financial Concerns
1. Paying For Medical Care
2. Covering Household Expenses
3. Repairing Or Replacing Vehicles And Other Property
4. Paying Their Legal Costs
Find Effective Solutions
Whether you have spent years in a Florida State University law practice or recently got your advanced diploma in legal project management, seeing a client struggle with financial concerns on top of their legal issues can be difficult. However, if an attorney is to be successful practicing law, they must be able to come up with practical solutions to problems like these. Finding those solutions may require both careful consideration of the client’s financial situation and drawing on the knowledge and other types of resources to which the attorney has access.
Some Solutions To Clients’ Financial Concerns
Finding a solution to a client’s concern about paying their legal cost is something that is relatively simple for an attorney to address and give the client peace of mind. They attorney can offer them several fee payment options from which to choose depending on the nature of their case. The payment method cash-strapped clients tend to prefer is a contingency fee payment structure. This means the lawyer waits until the case is over and gets an agreed upon percentage of any settlement the client receives. This works best in personal injury cases. The attorney can also charge a flat fee for their services and create a payment schedule with which the client is comfortable.
Help From Non-Profit Sources
Depending on the nature of the client’s financial situation and the reason for their financial concerns, it may be possible for the attorney to give them help in finding help paying their bills. That help could be something as simple as providing them with a list of organizations like the United Way, St. Vincent De Paul and others that give people help with paying their bills. While this approach may not be outlined in the legal case management software, it is a simple way an attorney can help a client address their financial concerns.
All the issues which attorneys face are not covered in legal case management software or a differentiated case tracking program. Contrary to public opinion, attorney’s are usually caring human beings that have their client’s best interest at heart. Occasionally helping their clients requires the attorney to make creative use of the resources to which they have access.
For many clients, being involved in a legal matter makes it difficult to think clearly. Often there are simple solutions to their financial concerns, but they’re too stressed to recognize them. A good attorney can often help them see those solutions.