Ron Manley
Palos Heights, IL (USA)
Role(s):
Founder/Owner/Principal
RDManley Inc.
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Startup
Location:
Palos Heights
Industry:
Legal
Year Founded:
2003
Number Employees:
10-50 people
Business Stage:
Mature
Entity Type:
"S" Corporation
Description:
RDManleyInc offers assistance in setting up Consumer Bankruptcy Law
Offices and provides high volume TV Commercials with a Concept Program
that generates upwards of 1000 leads weekly, of which approx. 36% opt to
make an appointment to meet with an Attorney. These are all pre-screened
leads. This business has opened over 40 high volume law offices and
30 satellite locations over the past 26/years, of which includes 50% of the
Nations highest volume filers in this area of the law.
We license the use of all staff training materials, as well as our high volume
TV Commercials and a 24/hr recorded info message that acts as a pre-
screening tool, so that all callers who opt to be forwarded to each law office
are mostly all eager and ready to sign.
Law Offices average 20 to 100 new cases per week, each at approx. $3500
and in LA the no look fee there is $5000 for a single adult. This is a great
cash business, but the payments from the court do not start for approx. 4-5
months. Once they start they continue, as long as each firm continues to
file cases. These monthly checks, collected by the Federal Courts and sent
to each firm by the US Federal Ch/13 Trustees', can be upwards of $800,000
per month, every month. However! The capital needed for the first 4-5
months is all that is needed for most Attorneys starting out. They pay a
weekly licensing fee of up to $50K and can easily afford doing that with
the volume that our ads and staff training produce. We too have to wait
for the same 4-5 months to start getting paid.
We can provide independent third party verification through the 800 phone
number records of all calls made to each law firm and from those how many
people opted to be forwarded for an appointment. This shows anyone just
how effective our advertising program is in total volume. We also have
long term Attorney references from Attorneys in various areas of the law
whom we have assisted, such as three US Trustees' that also practice, a
former head of the TX State Bar, the largest filer in the State of NC, two Law
School Professors, etc.
We have tested the market from coast to coast
and have had great success with every law office opened. These Attorneys
all need start up funds, but only for the first 4-5 months. We have Attorneys
who know us well and would never try this without our help and concept
program, as it guarantees them success.
Each law firm is looking for a loan to guaranteed by the checks sent to
them/us from the US Federal Courts via the US Ch/13 Trustee each month.
No personal guarantee is offered for this loan. They offer us a Management
Co Contract that allows us to control all funds as part of the licensing
agreement with us and that includes all moneys incoming and outgoing.
We suggest that each office start off with a $30K loan for equipment
(desks, signs, computers, copy machine, etc) and $10K for ads.
Additional funds are to be released from escrow only after verification
that the firm has signed at least 40 new cases, each at a minimum of
$3500, or gross $140K. At this stage of growth, which is weekly, the
next installment of $10K is then released and only then.
We can open these law offices in every city in the USA. No other law
firm competes with our concept program and 90% of all Attorneys
have gone quickly to the number 1, 2, or 3 volume position in
each respective federal district in total cases filed.