| Happy lawyers make more money. 1. Traditionally, law firm management meant that junior attorneys reported to senior attorneys, and a partner committee managed all aspects of the firm. These apply whether you’re a solo or managing partner at a firm of 50 lawyers. We published this blog post in November 2020. With cloud-based legal technology, it’s often easier to: Building a virtual law firm also benefits your existing clients and helps you serve new clients remotely. It also takes creativity and innovation, resulting in better ways to solve legal problems for your clients and your firm. If you are interested in reading further about how to manage a small law firm, I’ve included more resources below. How can you get more clients and grow your firm? In this blog post, we’ll cover how to manage a small law firm effectively, by focusing on key aspects of your law firm: staff, client experience, financials, technology, and brand. GET OFF THE PROSPECT CHASING ROLLER-COASTER. Managing a small law firm poses unique challenges to legal professionals compared to Big Law, where admin staff perform many of the day-to-day tasks. - Duration: 6 minutes, 46 seconds. Refer to the code comments. Spending time on developing yourself personally and professionally will help you feel more fulfilled as a leader in your small law firm and business. As Richard Branson said, “Train people well enough so they can leave, treat them well enough so they don’t want to.”. That said, here are some basic practices to follow for small law firm management. Get this free e-book from legal industry expert Mike Whelan, Jr. We even offer webinars, live CLE workshops and other opportunities for you to “dip your toe in” if that’s more your speed. Your team is the backbone of your firm. Because it is virtually impossible for the owner of a law firm to be his or her OWN managing partner. Firm Central Time & Billing. If you think all of this seems pretty great, you’re going to LOVE what else we have in store for you. Both firms small and large have inadvertently added friction to payment processes, then wonder why their cash flow is inconsistent. Thinking about what your own blocks are, what are your own fears, what is standing in the way. Maybe for other types of law.’ That was the biggest one, and at the end of the day we found out that know what we’re learning is how to create a successful business.”, -Alfredo Lozano, The Lozano Law Firm, San Antonio, TX, “We live in a society where the paradigm is scarcity. Think of training as an asset, not an expense. This allows firms to operate and serve clients in our current world, even in a pandemic or natural disaster. According to Katy Goshtabi, an attorney and brand consultant, a Personal Brand is a process of: Learn how to develop a strong law firm brand. Inevitably, there was a delay since clients could not call after hours or on a weekend (if bills were sent on a Friday afternoon). Michael Boreale implemented the full Clio Suite—combining Clio Manage with Clio Grow—to improve operations and profitability at his business law firm serving small … More than 1000 law firm owners are using this workbook to make money and get happier. Reducing prices or offering discounts is a short term solution. This strategy can easily backfire and devalue your work—in the eyes of your clients. 3 How To MANAGE a Small Law Firm jobs including salaries, ratings, and reviews, posted by How To MANAGE a Small Law Firm employees. “You can hire me to teach someone to do it right, or you can hire me to fix it.” The latter is much more time consuming and expensive, as we must not only isolate and resolve the problems, we also must properly retrain staff. Before you go, can we give you some advice? With the rapid changes to the legal, economic, and healthcare landscape in 2020, the entire client experience is moving online—to a cloud-based environment. You know that the most successful big law firms all have a dedicated CEO. Our sales team is available Monday to Friday from 8 a.m. to 8 p.m. EST. When attorneys and paralegals can focus on client work with fewer distractions and interruptions, they can be more effective, productive, and profitable. “The problem with the race to the bottom is that you might win. Giving your team space and time to learn is crucial. For both these firms, automating this process would have a direct and immediate positive impact on their cash flow. They not only offer the possibility of verification but also instill a kind of discipline of higher performance.” Procedures are also important for cross-training your staff and onboarding new staff. You probably learned the same things in law school about how to manage a successful law firm of your own, as everyone else did: NADA! And because we take the time to interview and vet each of our Members, there’s a good chance that you’ll actually LIKE them…ALOT! Other attorneys do it. So just seeing other members do that it became very clear to me that it was totally possible.”, -Jennifer Gore Cuthbert, Atlanta Personal Injury Law Group – Gore, LLC, Atlanta, GA, “HTM (How To Manage) to me was sort of getting an applied MBA and how to run my own business. How many times have you happily paid extra for something knowing you were getting excellent customer service? Think about it. 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