In the past, lawyers could earn handsome profits by providing what their clients wanted most: expert legal services. The capacity to produce increasingly complicated legal work eventually surpassed the level of complexity that the majority of clients were willing to pay for. This shifted the locus of profit away from law firms, and forced changes in the way legal services are offered.
Legal experts can be employed by companies to assist them with their legal concerns. This includes negotiating contracts and managing employee claims and protecting intellectual rights. Their knowledge can also be used to reduce the risk of legal liability and ensure that businesses remain in compliance with federal and local laws. They can be found both online or in person, and they can be paid on either an hourly or a flat cost basis.
Many legal professionals have a talent for writing and could make this talent into a profitable side hustle by creating a blog about legal issues. This is a great method to stay on top of legal trends and share your knowledge of the law with others. There are numerous platforms on which you can publish your legal content, such as Amazon’s Kindle marketplace and Payhip.
In addition to creating a legal blog you can also make money by creating videos for the public on websites like Youtube and Vimeo. This is a good way to improve your presentation skills while earning an additional income. The demand for video content is growing and it’s a great way to build a reputation and stay relevant in the legal world.