05/27/2026
If you're a bankruptcy attorney, this post is for you.
PPC is likely your single most efficient client acquisition channel. And you're probably underinvesting in it.
From our 2026 State of Law Firm PPC study, $3.3M in managed spend across 13 plaintiff-side firms:
Bankruptcy cost per lead: $201. Lead-to-case conversion rate: 10%. Cost per signed case: $192.
For context, Personal Injury runs $468 per signed case. Criminal Defense runs $659.
Bankruptcy costs less than half of PI and less than a third of criminal defense to acquire a case through PPC.
Most bankruptcy attorneys don't expect to hear this. The common perception is that a $201 CPL is expensive, especially compared to criminal defense's $60 CPL.
But that comparison is meaningless without conversion data. Criminal defense converts at 2%. Bankruptcy converts at 10%. The "expensive" leads produce the cheapest cases in our entire dataset.
At $192 per acquired case, the math speaks for itself.
Chapter 7 fees typically run $1,500 to $3,500, that's anywhere from 7.8x to 18.2x return on ad spend.
Why does bankruptcy convert so well? By the time someone searches for a bankruptcy attorney, the decision is already made. They've spent weeks researching, gathered documents, had hard conversations.
They're not tire-kicking. They're choosing which attorney, not whether they need one.
What we typically see with bankruptcy firms: spending $5K–$10K/month when the data justifies $20K–$40K+, and benchmarking against CPL instead of cost per case, which makes their results look worse than they are.
Full breakdown with methodology in the study, link in first comment.
Bankruptcy attorneys: does this match what you're seeing in your own numbers?