Questions

Helpful for sales -- 1) Value prop: translations made by dually-educated lawyers (as me) remove the pain/need of extensive reviews and bad surprises, and IN THE END prove less costly. 2) Sales plan: contact practicing attorneys alumni of same school as us; send valuable gifts with a charity angle; hiring top students who will be practicing at top firms to create a loop (i.e. future clients); advertise the pedigree of each translator working on a project. 3) Basic SWOT analysis : (a) Strength: we can source lawyer-linguists better than competitors due to deep knowledge of legal educations worldwide; (b) Weakness: No ability to conduct large projects with high quality from now. (c) Opportunity: Increased global need for translations. (d) Threats: Recession pushes price down; lots of mediocre/cheap services out there and hard for clients to identify quality/difference.

This is anecdotal and I don't have data to confirm but the legal industry is very traditional - disruptive and innovative products can be a tough sell.

I think the most important question that you need to answer is do people need legal translations?


Answered 10 years ago

Unlock Startups Unlimited

Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.

Already a member? Sign in

Copyright © 2024 Startups.com LLC. All rights reserved.