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A New Innovative Approach That Increases the Referral Attorney’s Share of the Fees
PRESENTED BY:
JACOB MALHERBE – X SOCIAL MEDIA
& SHANE BLAINE – TORTICITY
Jacob Malherbe
www.xsocialmedia.com
(678) 427-8490
Shane Blain
www.torticity.com
561-213-0648
A New Innovative Approach That Increases
the Referral Attorney’s Share of the Fees
“If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.”
- LEE KUAN YEW, FIRST PREMIER OF SINGAPORE
X Social Media LLC• The Facebook lead generation model in 2015.
• The landing page Funnel where we can qualify and disqualify clients.
• The FeedBack Loop to Optimize the advertising based on Cost per Case
• Collecting of Data to optimize the advertising.
• Shared data between small and bigger spender to level the playing field.
• 2018 The Facebook Effect For Lawyers to help every lawyer leverage Facebook
• 2021 A Lawyers Guide To Mass Torts. To Introduce new attorneys to mass torts.
X Social Media Results
• X Social Media Generated 68,000 signed cases in Purdue Opioid.
• X Social Media Generated 25,000 signed cases in Roundup.
• X Social Media Generated 15,000 signed cases in Boy Scouts.
• X Social Media Generated 233,000 Signed Cases in Mass Torts Since 2015
X Social Media LLC
• Optimized the case acquisition Model on Social Media.
• Fully integrated with Professional retention centers and Work up centers.
• Stride to improve Scalability and transactional cost per case in the funnel.
• Stride to increase all law firm’s profitability with innovative approaches in mass torts.
• Always innovating and looking to find a better way of doing things.
• Introduction to Torticity
Introduction to Torticity
§ Company Background§ Why we launched§ Where we have been
§ First year to develop and refine process and tools
§ Understanding law firm challenges§ Where we are at today
Torticity Solution
Retainer Ingestion
Ingest retainers into Torticity’s case management system
Contact client and confirm intake details for retrieval
RecordReview
Review medical records for proof of use and proof of injury
Capture findings and generate case summary
Settlement Support
Stay in contact with clients
Complete census and plaintiff fact sheets
Assist with settlement document
RecordRetrieval
Request medical records from pharmacies, hospitals, and doctors
Limit costs based on law firm rules (e.g., max of $100)
Flat rate, only compensable cases, deferred payment until case resolution
We eat the fallout costs – you only pay for COMPENSABLE cases. All our fees are due at the time of settlement, our client is only responsible for paying for leads and medical records at cost with net 30 terms.
Proven Case Package
Develop proven case packages for review by the law firm
Integrate with law firm CRM system
Medical Records
• Billed to the client, as invoiced from the provider. • There is no markup
Proven Case Fees
• Flat fee for all services to prove out the case• Payment deferred until the time of case resolution• Disqualified cases cost you nothing• No cost to the firm for litigation that does not result in settlement
Torticity Fee Structure
Torticity Works for All
Emerging Mass Tort Firms
Referral Firms
Handling / Co-Counsel Firms
Settlement Law Firms
The Way You Should Look at this Change as a Co-Counsel Firm
• Increased bandwidth by outsourcing to Torticity.
• Lower you overhead Hard Cost inside the Law firm.
• Reduce your Risk on each litigation.
• Designated a person that controls the workup process and coordinates with Torticity
• Increase cash flow as the Case Work up cost is not due until you receive your settlement on each client.
• Strengthen your firms balance sheet.
• Strengthen your assets for a potential loan by reducing your hard cost in work up.
The Way You Should Look At This Change as a Referring Law Firm
• Leverage when negotiating Fee Split with Co-Counsel.
• More Money To acquire new cases as work up cost are deferred.
• Only Spend money on case acquisition. That gives you a return on investement.
• Make a Settlement deal on workedup case.
• Submit your own cases to the MDL, Bankruptcy, State Court Litigation.
• Get Leverage With No Cost Up Front. (Other then medical record cost)
• Get access to a whole team for your back office.
• Workup and Pay Later Model great for cash flow.
Get In Contact With Us
X Social Media LLC Booth # 15
Jacob Malherbe
Cell: 678-427-8490
Booth #16
Torticity LLC
Shane Blain
Email: [email protected]
Cell: 561-213-0648