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Making Money With Settlyd

Settlyd knows how it works in Family Law: It's all billable time and our work product must be better than excellent.

Settlyd does both:  Every minute of time on Settlyd is billable time and the resulting work product is better than excellent. 

For example, here are 5 things that Sean and I do in the beginning of every case to create income for our law firms and produce an excellent work product.

1. Use the client portal Opening a client matter on Settlyd and sending the client access to the secure client portal is all billable time and usually takes a paralegal about 15 minutes or $25 at $100/hr.

2. Review client entries in Financial Declaration. Once I have been notified that my client has completed their entries, I review the entries on the declaration line by line. During this process I am checking to make sure each entry of income and expense is a monthly number, and I will make decisions as to which of the declared assets and debts will populate the Asset Division worksheet. When I am finished I download the Financial Declaration and save to client folder. This process generally takes about 30 minutes, or $150.  

3.  Review Asset Division worksheet. At this point I open the Asset Division worksheet and review the data and the pre-set defaults for division of assets. I make adjustments in accord to my client's "best case wishes" and download and save to his file. This step will usually be about another 30 minutes or $150.

4. Work up one or two Child Support worksheets.  Now I run some child support worksheets based upon the information I have, download them and save to my client's file.  30 minutes or $150.

5. Email the pdf's to your client:  Once I have completed the above steps, I email the pdf's to my client. I inform my client what the worksheets mean and solicit their input. They are impressed with my preparedness and glad to have me as their Lawyer!! 15 minutes or $75.

As you can see, opening just one matter on Settlyd, reviewing the client entries, preparing high quality worksheets and emailing them to client earned $550 for our law firms. Annual cost of a Settlyd membership for 2 people is $600. 

We hope you find this Tip helpful and have a safe and happy 4th,

Guy and Sean.