Lawyers could have enjoyed good margins in the past by offering what clients most valued professional legal advice. The ability to create increasingly complex legal work eventually outpaced the complexity level that clients were most likely to pay for. This shifts the source of profit away from law firms and forced changes to the way legal services are offered.
Legal experts can be hired by companies to help in addressing legal issues. This includes negotiating contracts and managing employee claims and securing intellectual rights. Their expertise can also be utilized to limit legal risks and ensure that businesses are compliant with local and federal laws. This kind of specialist can be found online or in-person and their services can be paid for on a flat rate or hourly basis.
Many legal experts have a flair for writing and could turn this talent into an income-generating side hustle by creating a legal blog. This is an excellent method to stay on top of legal trends and share your knowledge about the law with others. There are a variety of platforms on which you can post your legal content, such as Amazon’s Kindle marketplace and Payhip.
You can make money creating videos on sites like YouTube and Vimeo. This is a great way to improve your presentation skills and earn an additional income. Video content is highly sought-after and is a great way to establish your name and stay current in the legal realm.