Essential Business Tips for your Solo or Small Practice [Infographic]

Follow the simple and effective business tips in this infographic to ensure your solo or small practice reaches its full potential.

There are tens of millions of businesses in the U.S., and your solo and small firm is one of them. Some businesses are more successful than others, but why? What are they doing differently than you?

Well, first you have to consider that you graduated with a law degree, not one in business administration. And, as you well know, there is a lot you weren’t taught in law school about the business aspects of running a law firm.

Fortunately, you’re not alone. More than 40% of small business owners identify themselves as financially illiterate, with 66% wishing they knew more about managing their finances.

But with that being said, just because you’ve been trained as a lawyer, doesn’t mean learning and implementing certain business skills is difficult or out of your realm.

For example, one thing you can do right now to help improve your firm from a business perspective is update your website. In 2017, simply having a website isn’t enough anymore.

Your website is a living, breathing thing that can bring in new business by helping potential clients find your firm.

One way to improve your website is to ask your happy clients for a review/testimonial that you can proudly display online. Think about this, 89% of consumers would post a review if they had a positive experience, but only 7% of consumers have been asked to write a review. Do you see the disconnect here?

Referrals from another lawyer are the best types of leads you can get. The same goes for law firm clients. If they were impressed with you and your service, chances are they’ll be more than happy to refer you to their friends and family. By adding reviews to your website, you can replicate that same process.

This is just one simple yet effective tip that will help elevate your solo or small law firm. The pros over at MyCase have created this clean and easy to follow infographic lots more useful business tips and statistics. Take a look for yourself and give your business skills a boost!