2. Inventory your skills and resources. If you know a particular practice area very well that’s probably the best practice area to concentrate on in the beginning rather than having to learn a new practice area at the same time you’re learning how to run the business of a law firm.
There are many free resources available to help you. Including many provided for free by me.
But consider the hidden ‘cost’ of free in terms of the time required to piece everything together vs. just enrolling in a course.
Imagine the difference between the student who chooses to enroll in a well-organized course in law school with discussions lead by a supportive and experienced professor vs. the law student who simply takes the course syllabus and endeavors to spend the whole semester on his own looking up and studying all the cases in the library by himself or with a few of his buddies. Who is going to do better on the exam?
3. Make a plan and put that plan to budget and time-table to acquire the skills you find yourself lacking in.
Do this BEFORE you start trying to follow anyone’s advice about writing a business plan or how to create a law firm website that actually generates business, etc. The root cause of the successful law firms isn’t what you can see from the surface from a casual conversation with another lawyer in passing, or in a blog.
If you’re reading this and you’re a lawyer I’m going to assume you’re a pretty smart person and you want to be successful. So I’m going to skip the usual and obvious warnings here. Instead, the biggest danger to look out for is advice from other lawyers.
There’s no reason to delay the life you want to live.
Find out how we can help you double your revenue in less than 18 months. Click here to schedule a complimentary discovery call with our team.