Tell me about yourself.
Aaron
George and Michael Chasin met during their time at Loyola Law School. Both
quickly learned of each other's entrepreneurial ambitions and past successes
starting businesses. Neither of them had a strong desire to actually practice
law but both saw some major deficiencies in the legal industry so they decided
to start LawKick in the 2nd year of the law school career.
Tell me about LawKick.
LawKick is a marketplace for finding a lawyer. You just have to fill out a few
questions and then wait for lawyers in your area to submit proposals to work
with you. Conversely, if you are looking to act quickly and get a ton of
savings, you can purchase a Deal for discounted legal services through LawKick
Deals.
How is it different from the legal marketplaces? Also,
tell me more about your "Groupon-like" program.
We're different
because we allow you to freely use the platform at absolutely no cost. We
understand that legal services are very expensive, so we don't want to increase
that cost. The "Groupon-like" program is LawKick Deals (https://LawKick.com/Deals).
Consumers can find a Deal for discounted legal services that
fits their specific need. In many instances, consumers can choose from a few different lawyers
offering similar deals to find the right fit. They prepay for the Deal to lock
in the savings and will get a 30 minute consultation with that lawyer.
If they're not sure you want to proceed with that lawyer, for whatever reason, they get a full refund, no questions asked.
What inspired you to create LawKicks?
We saw all
of our friends, who were smart and qualified attorneys, struggling to find
jobs. Conversely, we were constantly asked by our non-lawyer friends "do
you know a lawyer who does xyz...?" It was crazy to us that there were so
many lost clients but so many unemployed lawyers. Not only that--if there
are so many unemployed/under-employed lawyers, why are legal expenses so high?
In any industry, when supply is high, prices should be low. But for some
reason, this normal occurrence did not exist in law. So we thought of LawKick
to create a transparent and open marketplace to hopefully employ more lawyers
and bring the cost of legal services down.
What's innovative about it?
By creating an open
marketplace, we have enabled lawyer to acquire clients at a lower cost than
normal. Because of this, they've been able to lower their prices without
affecting their profits. It's a win-win for everyone.
What's been your greatest challenge thus far?
Marketing. It is
extremely difficult to educate the consumer about our product and to think of
us when they encounter a need for a lawyer
What is the demographic of your main customer?
Our demographic varies
quite a lot depending on the type of lawyer being sought. Our most common user,
however, would be an entrepreneur in their 20s or 30s looking to startup/run a
company
What's been your greatest success so far?
Efficiency. We've been able
to create a site that works extremely well. Some clients receive responses from
lawyers within 2 minutes of submitting a request. On average, clients don't
have to wait more than 15 minutes to hear from a lawyer and typically receive
around 8 lawyers to choose from.
What changes do you foresee in the company? the legal industry?
The
legal industry is changing considerably. Lawyers, while far behind the curve,
are finally starting to utilize technology to benefit their practice. Our goal
is--now that we've made the clients' lives a lot easier--to do the same for
lawyers. We're developing products to help lawyers manage their practices
better.
Are you an attorney? Did you go to law school? Are you doing the
startup full time?
Michael did not take the Bar, but did graduate from his JD/MBA programs. Aaron dropped out of law school after his 2nd year. Both doing the startup fulltime, along with 4 other people.
No comments:
Post a Comment