Comparison website offers free legal expenses insurance
A new website that compares solicitors by price, location and customer ratings has begun offering clients a free legal expenses insurance policy for road traffic accident (RTA) claims, it emerged last week.
Legalcompare.com, which launched in August after 18 months of testing by consumer panels, is one of several comparison sites to enter the market in recent weeks.
The site matches consumers with law firms performing: RTA; employment; personal injury; family; wills and probate; criminal; property; and commercial. Firms signed up to the service pay 10% of their fee to the website, which vets them for quality. Ten firms have joined so far.
Legalcompare.com began offering free legal expenses insurance for RTA claims last week in a bid to attract additional clients to the site.
Legalcompare.com claims to be the only site to compare firms in all three categories of price, location and customer feedback.
Earlier last month, Hull solicitor Nick Miller launched comparison site Wigster.com. Bid4fees.com, which allows solicitors to bid for work, was also launched recently.
Comments
Free LEI?
With a paltry limit of indemnity set at £500 this offer hardly raises the bar in attracting new customers! Any solicitor receiving work under this policy will have a pretty difficult task in satisfying their professional obligations to give best advice on funding options.
10 law firms joined - wow that'll take off ! Not.
These legal comparison sites are for the dreg law firms who trade on being cheap. Avoid putting your firm on their list.
Law Society, help solicitor firms with a Kite mark website for goodness sake.
Make that on the agenda in your next slap up dinner...how much are the practising certificate fees again?
Free LEI
"Firms signed up to the service pay 10% of their fee to the website"
How does that come within the rules for fee sharing? Doubtless there is a more detailed explanation.
Mr 10%
Are those firms mad? 10% of gross fees for doing nothing but shuffling paper?
The solicitor takes the risk and the overheads. What is left for the solicitor after that?? Is the profit enough to cover the costs??
Interesting stuff
If firms don't market themselves, or want to market themselves, I would respectfully suggest that intermediary "marketing companies" are the future for any lawyer who wants to grow his or her business.
ABS will make life exciting...
To all you marketing experts,
To all you marketing experts, housewife bloggers and consumer services curtain twitchers, home information pack baggage handlers and anyone else that does not have a proper job and thinks they know about legal practice. Why don't you move on to do voluntary work in consumer areas that the man in the pub is concerned about? For example,my supermarket has replaced virtually all the cashier run checkout points with do it yourself scanning units. If you have got time on your hands then why not investigate why, - despite massive profits in recent years- corners are being cut so that consumers are now being forced to be unpaid cashiers when they use a supernmarket!
just let it go, or use
just let it go, or use another supermarket.