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. . . . . . Future of the LDA Future of the LDA Industry Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc.

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Page 1: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

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..Future of the LDA IndustryFuture of the LDA Industry

Daniel T. King

President/CEO Justice Document Services, Inc.

Copyright 2007 Justice Document Services, Inc.

Page 2: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

Size Of U.S. Consumer MarketSize Of U.S. Consumer Market

50% of middle income households in the U.S. have at least one legal problem per year.

Only 20% seek legal assistance from attorneys. 26% do nothing at all. An increasing percentage of consumers seek alternatives to

lawyers. Potentially huge market waiting to be tapped in the U.S. for

personal consumer legal services.

Page 3: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

U.S. Market For Legal ServicesU.S. Market For Legal Services

Reasons people give for staying away from lawyers:

1. Doubts that going to a lawyer will help.

2. A sense that the problem is not serious enough.

3. A desire to handle matters on their own.

4. Loss of Control.

5. Biggest reason is affordability.

Page 4: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

What the U.S. Consumer WantsWhat the U.S. Consumer Wants

• A much lower price for legal solutions. • Services that are not billed by the hour. • Convenient, faster, and trustworthy services. • Systems which take the risk out of securing a legal solution.

Page 5: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

Consumer DriversConsumer Drivers

• Better educated & willing to try self-help • Willing to explore alternatives to traditional law firms. • Coming ubiquity of broadband net access in the U.S.• Consumers want solutions without the complications of a

traditional law firm experience.

Page 6: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

Consumers Want SolutionsConsumers Want Solutions

• Law Without Lawyers • Consumers don’t care whether a “lawyer” solves their

problem. • They just want it solved.

Page 7: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

Need for InnovationNeed for Innovation

• Legal Document Preparation by non-lawyers is an Innovation that changes market structure.

• Legal Problems can be solved by legal information and processes such as legal document preparation.

• Legal Information Service is a New Market service. • Non-traditional provider offering a non-traditional service to

non-traditional clients. • All of these are elements of innovation.

Page 8: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

Barriers to Innovation in the U.S.Barriers to Innovation in the U.S.

• Over-regulation in the U.S. market protects law firms from competition.

• Examples:

– Rules Against Unauthorized Practice of Law – Marketing restrictions.

• Law firm cultural constraints: Lawyer career expectations.

Page 9: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

Innovation in the United KingdomInnovation in the United Kingdom

• De-regulation of the Legal Profession • Legal Advice by Non-Lawyers is permitted, e.g., Citizens

Advice Bureau.• Non-lawyers can own a law firm. • Referrals between non-lawyers and lawyers is permitted.

Page 10: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

U.S. Trends:U.S. Trends:

• Some consumers prefer the involvement of a person who can provide legal information.

• Some state courts have approved the concept of a non-lawyer providing legal information and legal document preparation as long as no legal advice is given.

• This has led to the emergence of legal document preparation firms.

Page 11: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

Legal Information Can Solve Legal Legal Information Can Solve Legal

ProblemsProblems • Legal information combined with smart legal forms can

solve people’s legal problems. • A new professional role has evolved - not a paralegal - but

a Legal Document Preparer or Legal Technician.

Page 12: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

Law Without LawyersLaw Without Lawyers

• People don’t need a lawyer to solve many legal problems. • The “Legal Information Space” is a huge new market space.• Market potential is great, and will continue to expand.

Page 13: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

The Demands of JusticeThe Demands of Justice

• Access to the legal system by all is an imperative of a just Society.

• Lawyers are simply unable to service the need with their way of doing business and cost structure.

• Time for change. It happened in the UK –

And now it’s happening here.

Page 14: Future of the LDA Industry Daniel T. King President/CEO Justice Document Services, Inc. Copyright 2007 Justice Document Services, Inc

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. . . .The FutureThe Future

Go For it!!!

Call Justice Document Services: 1-888-201-7274