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LAWYERS.COMsm ONLINE SEARCH FOR BANKRUPTCY ATTORNEYS UP 37% IN Q2 2008; CORRELATES WITH RISE IN NATIONAL BANKRUPTCY FILINGSConsumers' pain points mirror economic issues; more legal help
needed in housing, immigration
New York, (July 22, 2008) - A recent analysis of more than 1 million monthly searches conducted online at Lawyers.com indicates a sharp 37 percent increase in the number of consumers seeking help locating bankruptcy attorneys during the second quarter of 2008 in comparison to the same period in 2007, according to Lawyers.com, the leading online consumer destination for legal information and attorneys nationwide from LexisNexis®. In correlation with Lawyers.com searches for legal counsel, national chapter 7 consumer bankruptcy filings increased 30.5 percent in second quarter 2008 compared with the same period in 2007, according to data compiled by LexisNexis - another indicator consumers are struggling with personal finances and the current economic climate. Similar to bankruptcy, Lawyers.com data suggests that consumers are seeking attorneys with expertise in other challenging areas presented by today's economic volatility such as real estate, labor and employment, immigration, and family law. "The current national trends in rising household debt, skyrocketing gas and food prices, tighter credit and a depressed housing market provide a revealing look into the preferences and even pain points of U.S. consumers nationwide when they seek a lawyer," said Alan Kopit, legal editor for Lawyers.com. "We can safely say that legal counsel is primarily hired during times of need or crisis, and we can conclude that Americans are grappling with today's rocky economic times based on their search behavior." The top ten search topics observed on Lawyers.com during a recent three month period this year (April 1, 2008 - June 30, 2008) are as follows:
"Our attorney search data provides another proof point about the financial strains that are afflicting Americans," said Kopit. "People simply cannot pay their bills, and many are turning to online resources and communities such as Lawyers.com to help them find help in making important decisions about their legal rights." According to Kopit, some important things that consumers should keep in mind when searching for an attorney are:
To more effectively serve today's legal consumer, Lawyers.com has recently re-launched its site to include new interactive capabilities and formatting to help users find what they need faster and to communicate with fellow consumers and legal professionals to learn about, discuss, and take action on the legal issues in their lives or businesses. New capabilities available through Lawyers.com include:
About Lawyers.com®Lawyers.com (www.lawyers.com), from LexisNexis® and Martindale-HubbellT, is the leading legal destination on the Web, providing consumers and small business professionals the information they need to learn about specific legal issues, find the right lawyer, and access free legal documents. Lawyers.com provides a free database of more than 1 million attorneys and law firms nationwide and helps site visitors make a fast, informed decision when researching legal matters and choosing a lawyer. More than one million searches per month are conducted through Lawyers.com by consumers and business people in search of legal information and the right legal representation for their needs. About LexisNexisLexisNexis® (www.lexisnexis.com) is a leading global provider of business information solutions to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. LexisNexis originally pioneered online information with its Lexis® and Nexis® services. A member of Reed Elsevier [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves customers in more than 100 countries with 13,000 employees worldwide. What would you like to do next?Request More Information Learn more about how LexisNexis Martindale-Hubbell can meet your firm's marketing needs. Email this PageSend a link to this page via email to a colleague (or yourself). Learn more about Law Firm Marketing Visit our Resource Center for recent articles, best practices and tools for developing your firm's business. Determine the best marketing portfolio to meet your objectives Take our quiz to find the right solutions and resources for your firm. |
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