This document provides an executive summary and marketing strategy for a new law firm called Juris-Semperfi established by five lawyers in Manila, Philippines. It analyzes the firm's target market, competitors, strengths, weaknesses and proposes objectives to educate clients, offer reasonable rates, and gain reputation through quality legal services. The key to success is identified as patience, hard work and righteousness in upholding the law.
This document provides an executive summary and marketing strategy for a new law firm called Juris-Semperfi established by five lawyers in Manila, Philippines. It analyzes the firm's target market, competitors, strengths, weaknesses and proposes objectives to educate clients, offer reasonable rates, and gain reputation through quality legal services. The key to success is identified as patience, hard work and righteousness in upholding the law.
This document provides an executive summary and marketing strategy for a new law firm called Juris-Semperfi established by five lawyers in Manila, Philippines. It analyzes the firm's target market, competitors, strengths, weaknesses and proposes objectives to educate clients, offer reasonable rates, and gain reputation through quality legal services. The key to success is identified as patience, hard work and righteousness in upholding the law.
This document provides an executive summary and marketing strategy for a new law firm called Juris-Semperfi established by five lawyers in Manila, Philippines. It analyzes the firm's target market, competitors, strengths, weaknesses and proposes objectives to educate clients, offer reasonable rates, and gain reputation through quality legal services. The key to success is identified as patience, hard work and righteousness in upholding the law.
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Department of Legal Management
College of Arts and Sciences
San Beda College
In partial fulfillment of the requirements for Marketing Management Executive Summary, Situation Analysis and Marketing Strategy of the Juris-Semperfi Attorneys at Law Submitted to: Prof. Lalaine B. Divinagracia Submitted by: Juris Briones Arvin Carl Salonga Gerald Nuez Raymond Medina Danielle Velasco 1) Executive Summary Juris-Semperfi is a new law firm in the Philippines established by five lawyers with different specialty at law, namely Atty. Juris Briones, Atty. Arvin Carl Salonga, Atty. Raymond Medina, Atty. Gerald Nunez and Atty. Daniel Velasco. Juris-Semperfi law firm offers legal services to all who are in need of it, whether natural, or juridical person. Our clients are citizens and corporations in the Philippines primarily people who are in need of legal assistance in our society nowadays. Juris-Semperfi offers a variety of legal services 8 hours a day and 6 days a week. Law firm business is not that common in this country. Manila area is seen as one of the central places of industry in the Philippines. Businesses companies and individuals are numerable in Manila City which Juris-Semperfi may accommodate. Juris-Semperfis marketing strategy is to emphasize the quality of legal service and aid that we provide and the ability to accommodate each citizens concern. People will not worry about stressful work and thinking about the rights of the people because we will take care of it. Our services will be accommodated by our legal assistants in the practice of law. On start-up we train legal staff whose specializations are in the practice of law. The main co-owners of Juris-Semperfi law firm is Atty. Juris Briones, Atty. Arvin Carl Salonga and Atty. Gerald Nunez. These three executives came from the Lex Mastery College, San Beda College Mendiola Manila which is popularly known for the field of law. These co-owners are hands-on when it comes to the different tasks in the company. In addition, Juris-Semperfi also has its advisors who were Atty. Raymond Medina and Atty. Daniel Velasco who are also graduates of San Beda College Mendiola Manila. We have service commitments from our 55 clients and planning to create our client base through credibility, referrals, and business cards. There is also an online website to accommodate Juris- Semperfis clients every now and then. I. Situation Analysis A. Market Summary Juris-Semperfi will start independently relying on its genuine ability to provide legal aid, services, guidance and assistance to persons who are in direly need of such services that will enhance the societys welfare. This law firm is recognized by the government as a firm that upholds the countrys rules and laws. Marketing Demographies Target Market: All classes Age: All ages (minors with gaurdians, 18+ and all ages) Gender: Male and Female Occupation: Students, white-collared workers, Blue-collared workers, unemployed. Status: Single, Married Market Needs The target market needs lawyers that can understand and find solutions to their needs. They need lawyers that can simplify the doctrines and laws for the potential client to understand. Juris- Semperfi has the suited lawyers that can deal with potential clients as partners and associates. Juris-Semperfis partners and associates are from the top 10 bar top notchers for the past 6 years. Market Trends Today most firms use the advantages of modern technology. They have been using the internet for online-consulting and other legal matters. In Juris-Semperfi, we ensure our online service will provide more information for existing clients and potential clients. We offer not only online-consulting but also mobile consulting for questions about legal matters on-the-go. Our partner and associates secretaries will happily accept your call or text messages.
Market Growth The growth of a law firm is slow and sometimes non-profitable. A law firm is not supposed to be a profitable business but it is a service- related and a noble profession. It might take awhile to be noticed but slowly but surely Juris-Semperfi will one of the law offices people are to refer. B. SWOT Analysis Strengths The Juris-Semperfi Law Firm specializes in civil cases, labor cases and criminal cases. Services are from the top 10 bar top notchers from the past 6 years. The staffs of the partners and associates are accommodating to ensure that their boss can immediately act the legal matter. There is an effective notification procedure to the client or potential client for an updated service and information. Weaknesses We expect that there will be a tough time allotment to the partners and associates that can lead to delays in the services. Advertisements are prohibited because of law ethics. The justice system in the country is slower than most people imagine.
Opportunities High number of criminal acts has been tallied. High number of civil cases has been filed. The people inside jails are in dire need of lawyers. Threats Growth is time consuming and a factor for the loss of profit. There are many competitors around. Slow Justice System in the country. Competition Since there are big law firms, it will be hard for Juris-Semperfi to make a name for itself. The other law firms also provide our type of services and more upcoming lawyers are planning to put up more law firms. Competition is tight because there are many existing law firms. Product Offering Our services consists of legal research, notarization, legal help, legal consultation, paralegal and user-friendly online website for clients and potential clients. Key to Success The key to success is patience, hardwork and the being righteous. These are the virtues that we need when it comes to a legal perspective. Patience for the case because we all have to undergo due process, hardwork because without it how can we execute and prepare for the case and righteous for we defend our client or potential client in good faith. Critical Issues The critical issue for the firm is the firms growth. It will be hard for the company to grow when theres a lot of lawyers and firms to compete with. II. Marketing Strategy A. Mission The Mission of Juris-Semperfi Law firm is to make the clients or potential clients understand and to be educated of the law jargons and doctrines to help them in their situation. The firm would like the people residing in this country to be fully aware of their rights. B. Marketing Objectives 1. To educate the common people of law doctrines and jargons during consultation for better understanding of their problem. 2. To offer reasonable rates to people in all classes. 3. To offer clients or potential clients an accommodating and friendly response from our associates. 4. To solve or resolve legal or document cases. 5. Gain clients through good reputation.
C. Target Market Juris-Semperfi is a law firm that accepts transactions from people that are in legal age or 18 years old and above. We also accept minors that will be guided by gaurdians. There are no specified society class so we are open to potential clients. D. Positioning Juris-Semperfi will be uplifting the trust of the people in the Philippine justice system by providing legal services and real justice for the people. E. Strategies Having a law firm is a service oriented business. We offer services to our clients in the simplest way as possible. We highly appreciate clients from the show business for exposure to our firm. Our strategy is to expose the partners through cases by celebrities which assumingly will be shown to media for the public to recognize our firm. Law firms are forbidden to advertise its services due to legal ethics. F. Marketing Mix Product: The firm will accept civil, criminal, and administrative cases. Price: Php 20,000 and above per case. Depends on the clients ability to pay. Place: The firm is located in Commonwealth Avenue, Quezon City. Promotion: A law firm is forbidden to advertise due to legal ethics so we use business cards and reputation. IV. Marketing Executions and Control A. Implementation Philippine Partnerships must be registered with the Securities and Exchange Commission (SEC). Steps and requirements to register a partnership with the SEC are: 1 Verification and reservation of the name of the partnership at the SEC. Once the name is accepted the SEC will issue a Name Verification Slip. 2 Articles of Partnership: The Articles of Partnership define the obligations, responsibilities and roles of each partner and how the profits and losses will be shared and states who the general and limited partners are. Unless otherwise stated a general partner may act on behalf of the partnership without any limitations. By law a limited partner is not allowed to participate actively in the management of the partnership or control of the business operations. 3 - Affidavit of a general partner undertaking to change partnership name (not required if Articles of Partnership has provision on this commitment) + Additional requirements: - Endorsement/clearance from other government agencies, if applicable Partnership must be dissolved upon the death of one of its general partners. General partners are personally legally responsible for all the obligations of the partnership. Limited partners are personally legally responsible only up to the amount of their capital contribution to the Partnership. A partnership is taxed like a corporation. Foreigners can not be a partner in a partnership which owns land. A corporation may not be a partner in a partnership. In the case of a limited partnership, the word Limited or Ltd must be added to the partnership name. Articles of Partnership of limited partnerships should be under oath only (Jurat) and not recognized before a notary public. B. Marketing Organization Juris-Semperfi as a legal firm established by the finest lawyers in the Philippines is very well-known not only for their legal skills, but also their social skills with the clients. The executive board of Juris-Semperfi consists of: 1. Atty. Juris Briones 2. Atty. Arvin Carl Salonga 3. Atty. Gerald Nuez Atty. Raymond Medina and Atty. Danielle Velasco are the co-owners of the firm. They are all from the top 100 bar passers of the Philippine Bar Association. Under it, there are seven major departments composing the firm: The Advertising Department is being handled by Atty. Arvin Carl Salonga. As we mentioned a while ago, advertising is not allowed due to legal ethics. But that doesnt hinder us. Some of us coming from prominent and political families affiliated with big people, we dont have a hard time hooking big clients, but that doesnt mean we cant get middle class and below clients, we can get them by words of mouth and influence by the pass clients we provided service for. The Promotion Department is handled by Atty. Juris Briones, here; he promotes the firms credibility through referrals. The Marketing Department is taken over by Atty. Gerald Nuez he plans the path of the firm and how to go up beyond the other firms. The Research and Human Resource Departments are being handled by Atty. Raymond medina. As a growing law firm, he makes sure that he screens very well new applicants because we need high quality lawyer, but we also give chance to newbie lawyers by training them carefully. The Legal and Accounting Departments managed by Atty. Danielle Velasco he manages the income and expenditures by the law firm from the smallest to the largest details, and the legal matters of the company. C. Contingency Plans 1. To broaden our legal assistance not only focusing on the high class sector but also to the lowest sector of the society. 2. To recruit and create high class lawyers by training OJTs to help giving our legal services to clients and for after a while hiring them as one of our finest lawyers. 3. To create a proper plan for the expenditures of the firm. 4. To promote justice through Juris-Semperfi to the lowest class up to the highest class. 5. To create additional target market that we, Juris-Semperfi can accommodate to.
D. Difficulties Establishing a stable and credible name is the hardest part of all. Because as a new law firm Juris-Semperfi credibility will always be an issue, so we will execute our best to provide a very credible service to people. E. Risks Because Juris-Semperfi as an all class law firm, it needs to hire high class lawyers to put in more effort and work on the company. As a risk of being an all class law firm, we tend not to ask our low class clients to pay high compensation. F. Key Indicator for Success As we said a while ago, we came from a well oriented, reputable, and prominent families so we dont have problems fishing big clients. Like for example, ABS-CBN, they can get Juris-Semperfi as their legal counsel which will be paid every quarter. So an indicator is that when the company winning big cases, a lot of clients would refer Juris-Semperfi to help them and to be given legal assistance in case they need to. G. Control The purpose of Juris-Semperfis marketing serves as a guide for the firm and the clients. The following will improve the effectively and efficiency of the firm, which is: Customer satisfaction Resolved criminal cases Monthly costs Loyal clients Online services
V. Financials JURIS-SEMPERFI Projected Balance Sheet March to April 2013 Current Assets Cost Current Liabilities Cost Cash PHP 180,000 Accounts Payable PHP 116,000 Accounts Receivables 120,000 Notes Payable 45,000 Inventory 30,700 Utilities Payable 30,000 Supplies 12,200 Wages Payable 70,500 Prepaid Insurance 7,000 Interest Payable 46,600 Total current Assets: 349,900 Taxes Payable 22,400 Non-current Assets Total current Liabilities: 330,500 Investments 50,000 Long term Liabilities Land 600,000 Notes Payable 85,000 Buildings 425,000 Bonds Payable 38,900 Equipment 300,000 Total Long term Liabilities Payable: 123,900 Total Non-current Assets: 1,375,000 Total Liabilities: 454,400 Other Assets: 25,000 Stock Holders Equity
Total Assets: 1,749,900 Capital 1,000,000 Earnings 295,500 Total: Stock Holders Equity 1,295,500 Total: Stock Holders Equity & Liabilities 1,749,900