Biglaw Late to the Law Party Template

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Via the LawSites blog, I learned that the great Wilson Sonsini firm, a subsidiary of SixFifty, has just launched a marketplace where businesses can purchase document templates ala carte. If this concept sounds familiar, that’s because: solo and small law firms have been selling templates as a second income stream for years, relying on out-of-the-box platforms like Kajabi, Gumroad or Shopify to create An online point uses it. sale

Here’s just a quick sample of attorneys who sell templates online:

  • https://pixellaw.com/contract-shop/
  • https://awbfirm.com/collections/all
  • https://kristenherwitz.com/contract-templates
  • https://theboutiquelawyer.com/faqs
  • https://aselfguru.com/legal-store/
  • https://bobbyklinck.com/legal-templates/
  • https://www.artfulcontracts.com/store

And of course, really with http://www..com/the-legal-clauseit (templates for law firms).

The magic of the template model is this: it is a legal information product, not a legal service/practice. So Abracadabra – no UPL! No IOLTA. Attorneys can use referral and affiliate fees to promote and sell their products, according to the FTC disclosure! And while a legal template costs less than a custom document, you can sell them at scale and create a source of passive income.

It remains to be seen if other major companies will join the 650 in this aftermarket adventure. But with today’s technology, singles and smalls can compete with Biglaw in this space as always.

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