With the current economy, many lawyers have made the decision to go solo. But many don’t know how to actually run their own law firm. Building a successful law practice in today’s competitive market requires a solid business plan, a modern infrastructure and a polished marketing strategy. Starts-ups that thrive do so by focusing on [...]
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The December issue of GPSOLO Magazine featured articles about how attorneys can automate their offices. All articles were useful, but the one I found most intriguing was “Effective Software Training for Law Offices.” The author made a great point right off the bat by saying, “You need both good software and good software training to [...]
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Running a law practice is a combination of providing service to your clients and managing your own business. Firms that focus too little on successfully running and growing their practices have a higher probability of failure. Successful companies have a known brand that they market through effective advertising. Not preparing and executing an effective marketing [...]
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Did you know that for every associate that is lost, the average firm loses between $100,000 and $600,000? Firms with high turnover rates are far more likely to dissolve than firms with a stable, happy workforce. The third reason practices fail, ineffective guidance of staff, goes hand-in-hand with reason #2, lack of effective leadership. If [...]
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For law firms, flawed leadership greatly increases the likelihood of failure. Poor leadership practices include alienating associates and staff members with an autocratic style, not establishing a clear and powerful direction for staff, not keeping staff well informed and not reconciling incompatible goals among partners. When employees don’t know the long term goals of the [...]
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That's really true!! Lawyers do need to have certain technical qualifications when it comes to making a career in this ...
Keep posting stuff like this I really like it.