8 Business Law Consultant Success Stories [2024]
Here are some real life success stories of starting a business law consultant:
1. SeedLegals ($4.5M/year)
Anthony Rose, the founder of SeedLegals, came up with the idea for his business after getting tired of paying lawyers during his own startup ventures. He met his business partner, Laurent Laffy, and together they decided to transform the way funding rounds are done by creating an always-on platform that allows startups to raise funding more efficiently and cost-effectively. With SeedLegals now being the largest, fastest, and most reliable way to close a funding round in the UK, investors and founders alike have embraced the platform's ability to streamline and automate the legal process.
How much they make: $4.5M/year
Current team size: 40
SeedLegals is a UK-based startup that provides a platform allowing startups to conduct funding rounds dramatically more efficiently and cost-effectively, and has been named Rising Star Legal Team for Early Stage Deals by the UKBAA.
2. Dezan Shira & Associates ($18M/year)
Chris Devonshire-Ellis started Dezan Shira & Associates in Hong Kong in 1992 with very little capital. Despite warnings not to go to China, he saw its potential and moved there to explore business opportunities. Through hard work, strategic networking, and innovative marketing techniques such as distributing pamphlets and utilizing the internet, the business grew to become one of the most influential consulting practices in Asia with 28 offices across the region and a turnover of approximately $20 million per annum.
How much they make: $18M/year
How much did it cost to start: $2K
Current team size: 300
Asian-focused consulting firm Dezan Shira & Associates, founded in Hong Kong in 1992, has expanded to include 28 offices and a client base of several thousand companies with US$20 million in annual turnover, handling about US$8 billion in foreign investment into Asia, by determined hard work and creativity in marketing, billing structure and hiring equity-dependent staff.
So... can you actually make money with a business law consultant?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. Juro ($2.76M/year)
How much they make: $2.76M/year
Current team size: 92
Juro, founded by a lawyer and software engineer, has received $31.5m in tier 1 venture capital since 2016 and processed over 500k contracts with a goal to update the negotiation process for twenty-first-century lawyers.
So... can you actually make money with a business law consultant?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
4. Rankings.io ($8.4M/year)
Chris Dreyer, the CEO/Founder of Rankings.io, came up with the idea for his SEO agency while working as a detention room supervisor. Bored at work, he Googled "how to make money online" and discovered digital marketing. He found success in affiliate marketing and eventually transitioned into the hyper-competitive field of legal marketing, opening his own agency.
How much they make: $8.4M/year
Current team size: 20
Rankings.io is a hyper-focused SEO agency that helps elite personal injury law firms dominate first page rankings and was ranked #858 in the Inc. 5000 list of the fastest-growing companies in America for 2018, with a current revenue just under $300,000 per month, with plans for a record-breaking year.
5. New Law Business Model ($3.6M/year)
Ali Katz, a former attorney, came up with the idea for her business, the New Law Business Model, after realizing the flaws in the traditional transactional approach to law. After building her own million-dollar law practice and online training company, she decided to walk away and file bankruptcy but later realized that it wasn't being a lawyer that she hated, but rather the mindset and broken dynamics that came with it. She created a new business model and systems that allow lawyers to be counselors and trusted advisors while making the marketing and administrative aspects of the business easier.
How much they make: $3.6M/year
Current team size: 10
How a former attorney created a lucrative business model and system for re-training lawyers to transition from a traditional, transactional approach to law to a more relational one, resulting in high six- and seven-figure law practices, as well as more meaningful and fulfilling work for lawyers and better outcomes for clients.
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
