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Law Firm Business Plan Template [Updated 2023]


V. Competitive Analysis

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Direct & Indirect Competitors

Gold Law Partners
Founded in 2008, Gold Law Partners is a leading full service/multi-disciplinary law firm offering transactional, regulatory, advisory, dispute resolution services. With its principal offices in Washington and New York, the firm advises a diverse clientele, including domestic and international companies, banks and financial institutions, funds, promoter groups, and public sector undertakings.

The Company was set up with a desire to bring client service into sharper focus, to provide commercially viable legal advice and committed legal representation to the clients across all sectors. The firm has successfully been able to establish its identity outside its origins, dealing with significant depth in complex domestic and international matters.

Premiere Legal
Premiere Legal is an international full-service legal practice that serves the needs of many of the largest multinational corporations. The company aims to combine the highest international standards with local expertise so it can provide seamless assistance to the top corporations in their most important and challenging assignments. Through the network, the company offers a full range of commercial legal services, combined with an in-depth knowledge of local practices, in a total of 18 countries in four continents, including some of the most challenging and fast-growing emerging markets.

R&R Legal
R&R Legal is a growing consortium of local law firms, providing a consistent standard of outstanding legal expertise and a considerate, personal service to clients throughout the US. Whenever required, the company will suggest input obtained from specialist barristers and other suitably qualified third-party advisors. The company has good relationships with many accountants, barristers, estate agents, bankers, surveyors, and other professionals, both locally and further afield. This adds depth to the service the company would provide when support and collaboration are needed.

Competitive Advantage

[Company Name] enjoys several advantages over its competitors. These advantages include:

  • Management: The Company’s management team has xx years of business, legal consulting, and marketing experience that allows them to market and serve customers in an improved and sophisticated manner than the competitors.
  • Relationships: Having lived in the community for xx years, [Founder’s Name] knows all of the local leaders, newspapers, and other influencers. As such, it will be relatively easy for [Company Name] to build brand awareness and an initial customer base.
  • Great service at an affordable price: The wide range of legal consulting services offered by [Company Name] nearly equals the most prestigious positioned competitor, [Competitor Name]. However, [Company Name] will offer its services at a much more affordable price.
  • Personal Service: The Company will tailor its service to the client’s requirements. Individuals can choose the way they wish to communicate with us either by email, phone, or fax, and the company will work closely with you to achieve the best result for individuals or the business.
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