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After your Virtual Paralegal Market Research

04 Jun 2020 10:25 AM | Cordina Charvis (Administrator)

Once you have completed your market research that includes your practice areas, competitors and target clients; you must develop a unique business proposition that will give you a competitive advantage.

  • If the results from your research shows that there is a demand for your services; the first thing you need to do, is to create a list of paralegal duties for which you have substantial experience and are comfortable performing with little or no supervision.
  • Narrow your list to functions that can be delivered remotely. Duties and functions, you can perform from anywhere without the assistant and resources of a law office. This is called your virtual paralegal “primary service” list.
  • The remainder of duties on your list is called your “secondary service” list. These are the services that you may not be able to deliver remotely but should still be a part of your marketing plan to demonstrate your level of expertise to your clients. If you have local clients, you may be able to provide some of your services on site at their office on a flex schedule.
  • Now that your service list is completed; create mock assignments for each service that you plan to offer remotely to help determine how long it will take you to complete each assignment.
  • This way you can accurately set your deadlines and determine your fees.
  • After setting your virtual paralegal fees; create a checklist of software and equipment you will need to complete each of your services.
  • Next, create your business plan. The Virtual Paralegal Training Center™ offer a sample business plan created specifically for virtual paralegals. It is available in Microsoft Word Format where it can be edited and customized to fit any virtual paralegal business.

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