Business Law Consultant

Business Idea: Become A Business Law Consultant in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$518K
Avg Startup Costs
$13.1K
Score
76
Avg Revenue
Min Revenue
$80K/month
Max Revenue
$1.5M/month
Avg Days To Build
30 days

Navigating the complexities of business law can be daunting for many companies. Enter the business law consultant. In simple terms, a business law consultant provides expert legal advice to businesses, ensuring they comply with laws and regulations while protecting their interests.

By offering services such as contract reviews, compliance auditing, and legal risk assessments, you can help businesses steer clear of costly legal pitfalls. For those with a background in law, this is an enriching avenue to utilize specialized knowledge and skills.

There is a significant and growing demand for such services as the regulatory environment becomes increasingly complex. Starting a business law consultancy allows you to offer critical support to businesses, helping them thrive in a legally sound manner. It’s a chance to build a reputation as an indispensable advisor, ensuring companies stay ahead of legal challenges confidently.

Revenue & Profitability

How much do business law consultants make?

Startup Costs

How much does it cost to become a business law consultant?

  • It can cost as low as $1,500 to become a business law consultant.
  • It can cost as high as $2,500 to become a business law consultant.

Learn more about the costs of a business law consultant.

Examples Of Successful Business Law Consultants

Successful business law consultant businesses and case studies

Asian-focused consulting firm Dezan Shira & Associates, founded in Hong Kong in 1992, has expanded to include 28 offices and a client base of several thousand companies with US$20 million in annual turnover, handling about US$8 billion in foreign investment into Asia, by determined hard work and creativity in marketing, billing structure and hiring equity-dependent staff.

$1.5M Monthly Revenue
$2K Startup Costs
Read by 6,869 founders

Rankings.io is a hyper-focused SEO agency that helps elite personal injury law firms dominate first page rankings and was ranked #858 in the Inc. 5000 list of the fastest-growing companies in America for 2018, with a current revenue just under $300,000 per month, with plans for a record-breaking year.

$700K Monthly Revenue
Read by 38,834 founders

See full list of successful business law consultants.