Deciding to become a solo attorney is a life-changing decision. So establishing yourself as a brand and entity is key to your success and growth. While these two factors are key, elevating to the next level requires a bit more work, determination, and grounding.
We’ve compiled a list of the best 7 articles that can help you grow as an attorney and/or a small law firm.
Good Strategies For Advancement
Business development is important for growth as a firm. Establishing a blueprint early on will help guide you in the direction that you want your firm to grow. Many external factors will cause your business to grow in unexpected ways so it is important to add room for the unknown. This is called strategic planning. Emborker.com compiled great research into an article all on the importance of strategic planning.
Grow Your Firm On A Budget
The legal market has become very competitive. Marketing for lawyers didn’t really exist because clients typically would come to them. However, with today’s market, it is imperative that you go out and find clients in order to stay relevant and active in your field. This means you have to put time, effort, and finances into your firm. Growing your firm doesn’t have to be an expensive task, there are plenty of ways to build your firm without going over budget and this article can help.
Establish Milestones & Goals
Establishing milestones are important for advancing your firm. By setting goals that are attainable and by a certain date you’ll have a clear outline of where you want to go in the future. Setting goals might seem a bit daunting but it doesn’t have to be. Establishing momentum for your firm early on will ultimately help you stay above the fold. This article shows how to implement certain approaches that will help you develop a detailed plan for your firm.
Focus Internally Before Inserting New Hires
Before you can start adding to your firm internally you need to create a plan that highlights financial indicators. This article lays out good ideas for internally growing your firm before adding staff. Take a look to see why it is important to have your finances in order before adding on additional staff.
Update Your Marketing Strategy
Marketing is a huge factor in growing your firm. It can be challenging but with the proper research and creativity, you will be able to extend your reach. There are numerous ways to market yourself and they don’t have to be conservative. Today’s market is filled with people stepping out of their comfort zone to find a new way to get their name and business out to the masses. This article provides great tips for marketing your firm.
Review The Analytics
Your law firm will be more profitable if you are constantly reviewing your data and analytics. Increased profits are a clear indicator of growth among any business. This type of growth improves your lifestyle in the office and outside the office. Learn how to organize your financial data and grow your law firm by collecting data by reviewing this article.
Use A Guideline
Starting a solo firm doesn’t come with a complete, step-by-step outline. It takes research and drives to actually go forth and reach your goals. Sharon Miki pens a very informative guide on how to grow your law firm. This guide highlights delegation, outsourcing, marketing, and how to use technology to advance. Check out this article for more information on how to grow your firm.