Transcript
A (0:01)
Every firm owner thinks they can sign 100% of the cases they want, but when you actually look at the data, the reality is usually a wake up call. Today's guest realized valuable cases were slipping through the cracks, and he completely overhauled his intake process. The result? He more than doubled his average cases. And the good news is that you can do it too. This is Personal Injury Mastermind. I'm Chris Dreyer, founder and CEO of Rankings IO, the elite performance marketing agency for personal injury law firms. Today I'm sitting down with Michael Ponce from Ponce Law in Nashville. We talk about community led marketing generating massive review volume and the data dashboards that run as firm. Let's get into it. So I like to start off with a win. You know, what's something you're excited about in the biz or for your clients? Just anything that comes to mind.
B (0:48)
Well, probably our biggest thing that we've had over the last couple of years is we've been able to increase our average case value on all our cases. That's been a big focus of ours and it's, it's really paying off. We've more than doubled our average case value and really focused in on getting the most out of each and every one of our cases.
A (1:06)
I gotta follow up on that. Cause the audience wants to know. So you filing more, is it the medcron demands, like, what are some of the components that you did that are really increasing those fees?
B (1:17)
Well, we really focused in on making sure that we get the right cases and with the right attorneys. So we try to spend some time on the front end of all our cases, kind of making sure that we're ranking them to determine also the case areas so that we have our best attorneys, our most aggressive attorneys working on our largest cases. And one time, if you can believe it, we just kind of randomly, you know, have a rotation and you got what you got. And, you know, not all the attorneys are as experienced as others, not all attorneys are as aggressive as others. And we want to make sure that our big cases are going with our best attorneys. We also round table all of our cases that we consider in our Pareto point cases, which is the point that 20% of the cases that kind of bring in 80% of revenues make sure that we're meeting on a regular basis on those cases to brainstorm, figure out what we can do to get the best possible recovery on all of those cases. We also set a minimum settlement value on those cases so that the attorneys know what the consensus is as to what that case is. Worth.
A (2:22)
Super smart, I think. I had Chad Dudley on the show a while back, and he had a kind of a formula for rating cases, and he talked about the same thing, like, you know, the Pareto principle. And, you know, I'm even seeing that on intake now where there's some tools like Shadow and others where you can kind of barge in. So it hits that criteria that. Oh, that's a commercial policy. Let me bring in a senior intake rep.
