MVA LeadsMVA Leads
Field NotesNo. 05Channel deep-dive

What I learned shipping $418K of CTV inventory for PI firms in 2024.

CTV looked indefensible until it didn't. Eight months on the buying side of Vibe, MNTN, and a sliver of NBCU direct — what the CPL chart hides, how to model branded-search lift, and the one operational rule that matters more than creative.

Tarun Kapoor
Tarun Kapoor
Founder, MVA Leads · April 22, 2026 · 10 min read

I avoided Connected TV for plaintiff-side firms for three years running. The CPMs were ugly, the attribution was worse, and every legal-marketing vendor pitch I sat through ended with the phrase "incrementality study" — meaning the agency couldn't show their spend produced cases, but had built a framework where you'd pay them to keep trying.

In April of 2024 I broke that rule for one firm — a 14-attorney PI shop in metro Atlanta — at a $20K monthly budget on Vibe.co, a CTV buying platform pitched specifically at SMB legal. By September I'd rolled it to four more firms across Vibe and MNTN, with a small direct-to-publisher carve-out on NBCU. Total 2024 CTV spend across the cohort: $418,000.

It mostly worked. Not in the way I expected. Here's what I learned.

$418K
2024 CTV spend across 5 firms
$591
Headline CTV CPL — misleading
+22%
Branded-search lift in CTV markets

§ I · The CPL chart is a lie
Why the $591 CTV CPL hides the actual unit economics.

The blended CTV CPL across our cohort in 2024 was $591. Next to Google Search at $288 or Meta at $372, that number looks like a category error. It's not. It's measurement error.

Two things the headline CPL ignores:

Cost per signed case on the CTV cohort, properly attributed (including call inquiries and branded-search lift): $2,940. Better than our cohort average for standard auto MVA. The $591 CPL is genuinely a category error in the CRM, not a real performance number.

§ II · The platforms, ranked
What we bought and what worked.

Platform2024 spendSigned-case CPANotes
Vibe.co$262K$2,710Best fit for SMB firms. Self-serve, geo-tight, decent reporting.
MNTN$108K$3,140Higher CPMs, stronger creative tools. Worth it for firms that already had broadcast-style spots.
NBCU direct$48K$4,420Premium inventory, premium price. Tried for two months on one firm; pulled back.

Vibe.co was the workhorse

Geo-targeting down to ZIP, household-income filters, decent reporting, no minimum spend that mattered. For a firm spending $15–$30K/month on CTV, Vibe is structurally the best fit. The reporting still feels two generations behind Google Ads, but the unit economics work.

MNTN was creative-driven

Two of the firms we ran on MNTN had pre-existing broadcast spots from local TV buys. MNTN's creative-optimization layer (their "QuickFrame" tool) re-cut those spots into 15s and 30s variants without us needing to ship to an editor. The CPM premium was real (~28% above Vibe in the same geos) but for firms with strong existing brand assets, the per-signed-case math worked.

NBCU direct was a vanity play

Pure premium inventory, Today Show and local NBC affiliate mornings, $4,420 signed-case CPA. The managing partner liked telling his clients his ad ran on Today; the CFO didn't like the math. We pulled it back to programmatic-priority pricing and the per-signed-case CPA settled to about $2,900 — fine, but not better than Vibe.

§ III · Creative
The one rule that mattered more than format or length.

Across the cohort we tested 22 creatives in 2024 — 15-second and 30-second spots, testimonials and offer-driven, polished studio and iPhone-shot. The one variable that predicted performance most cleanly was not length, not aesthetic, not offer.

It was whether the creative named a specific event.

"Hurt in a car accident? Call us." — bad. Generic, low recall, no urgency.

"Were you in an accident on I-285 last weekend? You have ninety days to file in Georgia." — meaningfully better. Specific location, specific timeframe, action-oriented. We ran a variant of that script in every market where we had statute- of-limitations urgency to leverage, and the per-signed-case CPA on those creatives ran 30–40% below generic spots.

§ IV · House arrest
The operational rule that matters most.

The single biggest performance variable on CTV is not creative and not platform — it's operator restraint. Once a campaign has delivered for four weeks and the unit economics are converging, the temptation is to tweak: shift dayparts, narrow geos, raise bids, change CTAs. Don't. Every single time we touched a converging CTV campaign in 2024, the model regressed and took 9–14 days to recover.

The operating rule we landed on: once a CTV campaign enters its fifth week with stable CPA, the only acceptable changes are creative rotation and budget level. Geographic targeting, dayparts, devices, frequency caps — all frozen.

§ V · The lift model
How to measure CTV branded-search effect.

Here's the cleanest framework we landed on for measuring CTV's downstream lift:

  1. Baseline: Capture 30 days of branded-search impression share and click volume before any CTV campaign launches.
  2. Run period: Run CTV for 90 days at a consistent budget level.
  3. Off week: At day 90, pause CTV completely for one full week. Capture branded-search volume for that week.
  4. Measure: The delta between baseline volume and off-week volume is the residual brand effect. The delta between off-week and a representative run-period week is the active CTV-driven branded lift.

In our four-firm cohort, the active CTV-driven branded lift averaged 22% over baseline branded-search query volume. That lift is what makes the per-signed-case CPA math work in our favor. Most agencies don't run the off- week test because they're afraid the lift will be smaller than they've been claiming. The truth, in our data, is that the lift is real but smaller than the breathless decks suggest.

§ VI · The verdict
When CTV makes sense for a PI firm.


Cohort detail reflects active CTV campaigns run by MassTortAgency.net across five PI firms in 2024. Per-firm spend, signed-case CPA, and lift measurements are aggregate; specific firm names redacted under client confidentiality. Read the 2024 annual postmortem for the full multi-channel context.

Tarun Kapoor
Written by
Tarun Kapoor

Tarun is founder of MVA Leads and also founder of MassTortAgency.net. He's spent the last six years buying paid media for personal-injury and mass-tort law firms.

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