By way of the LawSites web site, I learned that biglaw organization Wilson Sonsini’s subsidiary SixFifty just introduced a market wherever corporations can acquire doc templates on an ala carte foundation. If the idea appears common, that is for the reason that it is: solo and smaller legislation firms have been advertising templates for yrs now as a second stream of earnings to, relying on out of the box platforms like Kajabi, Gumroad or Shopify to make an on-line issue of sale.
Right here are just a fast sampling of lawyers who provide templates online:
And of course, yours certainly, with http://www.myshingle.com/the-authorized-clauseit (templates for regulation firms).
Here’s the magic of the template model: it’s a authorized information products and not authorized company/observe of regulation. So Abracadabra – no UPL! No IOLTA. Attorneys can use referral and affiliate costs to advertise and promote their products and solutions subject to FTC disclosures! And although a authorized template costs significantly less than a bespoke doc, you can market them at scale, making a supply of passive cash flow.
It stays to be witnessed whether or not other massive firms will be part of 650 in this market adventure. But with today’s engineering, solos and smalls can keep on to compete in this place with biglaw as we often have.