Your Law Firm is Your Biggest Case

Remember when you got that case that put your firm on the map? Did you hand it over to an associate? Probably not. You put all your energy into it because you knew this was your case of the decade, and maybe a lifetime. That’s what your firm should be to you, and you should run your law practice like that daily!

Expert Execution Should be Constant

To bring a high-level urgency, preparation, and execution to the day-to-day operation of your firm, you will have to adopt some key business practices.

Set Goals

Throughout our practice, we’ve had set targets that we’d like to achieve for the firm, for members of our team, and for teams in the firm. These are our motivations, and these short-term and long-term goals keep us moving in the right direction.

Your Three-Year Goal

A longer time frame means more change, and you have to account for all of it as the world around you will change dramatically. Here are some things to consider for your three-year goal:

• All employees work in small teams focused on discrete areas of the law you practice.
• Your income from referrals will grow enough to offset your advertising expenses.
• Every employee is an A player, doing the work they are best suited for.
• You are the best place to work among all law firms.
• Your charitable work is increased by 25 percent or more.

Your Annual Plan

We like to sit down at our law firm and discuss our goals for the year. These are more tangible and more achievable. We set specific revenue goals, how many calls we will take, what areas of law we may expand into, and a discussion on our overall budget. Your numbers should be well accounted for in this business plan. Your precision with your plan will be a lifesaver.

Let’s get right on it, then. Your biggest case is about to get a whole lot bigger. We coach our members through their expansion with the above-mentioned guidelines, which are a few among many. It took us years of trial-and-error to get where we are today, and we’d like to help shorten the process for you.

Don’t miss out on the opportunity to join Fireproof community of leaders! 

You can schedule your call here: https://scheduler.zoom.us/jimbishop/meeting-with-jim