Guiding the growth of your law firm takes a disciplined approach to law firm development. While you may not have learned much about the business of law as your pursued your JD, you will need to master certain business disciplines — planning, hiring, financial management, technology, and marketing — to make your firm successful. There
10 Things You Need to Know to Run Your Law Firm Like a Business
This post was originally published on Oct. 13, 2016 and updated on April 11, 2018.
As the owner of a small or mid-sized law firm, your primary focus – after gaining competency as an attorney – is to understand and apply the key principles of business development, operations, management and law firm marketing every single
6 Tips for Creating a Client Retention Culture at Your Law Firm
If you have been practicing law for awhile, you know that there are some reasons clients leave that you can do nothing about. Some may leave you for a competitor. Some may leave because they don’t need you anymore — the matter is over or they have decided not to pursue it.
By far, though,
10 Tips to Balance Your Life & the Law
If you are unhappy in your law practice, every molehill becomes a mountain that you dread climbing. The fact is, you will not create a successful law practice if you’re just in it for the financial rewards. What happy attorneys have in common is, first and foremost, a heartfelt dedication to serving their clients that
The 10 Key Principles of Successful Law Firm Management
Whether you are a solo practitioner or the owner of a small law firm, there are 10 key principles of law firm management you must focus on to ensure your firm is successful over time:
#1: Marketing. The purpose of marketing is to generate leads. There are a wide variety of ways to do this.
6 Law Firm Management Fails You Need to Avoid
No one starts out in business to fail, but fail you will if you don’t recognize that while you may practice law, you run a business. To avoid running it into the ground, you need to avoid these six law firm management fails:
Failing to plan. To start and run any business, you need to
Law Firm Management: A Cautionary Tale for the Tech Illiterate
A recent ruling out of the Eastern District of New York against a solo practitioner who neglected to manage her firm’s technology has resulted in her having to pay fees and costs as a sanction and provides a cautionary tale for those similarly situated.
The case for legal malpractice was brought against this solo practitioner
How to Take Your Law Firm from Survival to Success
Up to this point, your competitive nature has been necessary for your survival.
Competition in the legal industry is drilled into you from taking the LSAT, to being ranked in law school, to competitive internships, to selling your soul to Big Law in hopes you will be looked at as partner material.
Once you become
How Law Firms Can Fix Their Cash Flow in 7 Simple Steps
There are a lot of law firms out there with a cash flow problem. While it’s easy to blame your cash flow issues on slow-paying clients, the problem really lies with you and your lack of a process to ensure you get paid for your work.
The truth is, if you don’t expect to be
Lifestyle Law Firm Interview with Doug Thomas of Thomas Pollart & Miller, LLC
I’d like to share with you an interview with one attorney who took what most lawyers can identify with as an adverse condition — grinding away at a practice he found unfulfilling — to reinvent himself and create a lifestyle law firm in a