Our Monthly Featured Post
It’s tough being an attorney and a business owner. You’re tasked with doing work for your clients, while also figuring out how to keep your firm profitable and, if possible, enjoy the fruits of your labor. That’s why encouraging your team to help originate new cases is key! Let’s discuss.
You’re a good attorney. No, you’re a GREAT attorney. You get amazing results for your clients. People should be standing at your door, desperate for your services BUT that’s not quite how things have been going… We’re sharing the tools you need to help grow your referral network and become an in-demand firm.
Everybody says you need a budget. But do you? No, not exactly. You don’t really need to have a budget in the traditional sense. What you need is a “Profit Plan.” If that sounds new to you, it’s because it’s not a real thing. We made it up. But once you understand what a profit plan is and how it differs from a budget, you’ll be able to understand why it is a better alternative to traditional budgets and budgeting.
You’re tasked with being both an attorney and a business owner. Your strength is the former, but you’re being placed in charge of creating, reading, and understanding a lot of documents in order to handle the latter. We often get asked by attorneys what some of these documents are and why they matter. What is the purpose of a balance sheet?
They say “one bad apple can ruin the bunch” and it’s true – especially in the workplace. But how do you know if you’re hiring that bad apple? Today we’re sharing our favorite tool to help evaluate your staff.
If you want more clients at your law firm, you’re going to need to spend some money on marketing. The question that we’re often asked is “how much should I spend?” Our answer is usually some variation of a shoulder shrug and an, “I don’t know yet.” This is not unknowable. Our role is to consult with the attorneys we work with to determine how much to invest. But it’s also not something that’s set in stone. If you’d like to get a bit more information about how to analyze and optimize your marketing spend, read on!
