How the Practice of Law Promises to Evolve in the 2020s—and How to Prepare Your Law Firm (Part 2)
Blockchain AI End of billable hours E-Discovery Globalization of Law New Standards of Excellence We recently began discussing certain ways in which the practice of law may evolve in the next decade. Let’s continue that discussion not just by exploring new technologies, but looking at how we need to respond to them in the […]
Lessons for Entrepreneurial Lawyers from Other Successful Business Owners
As a business consultant for entrepreneurial lawyers, one mantra I constantly drill into my clients is that a law firm is first and foremost a business. The success of your law firm actually has very little to do with how good a lawyer you are. In fact, you can be the best attorney in your […]
Establishing Goals for Your Law Firm in 2019: Goal-Setting Dos and Don’ts
As the new year comes upon us, one of the greatest gifts you can give your law firm is to establish some clear goals for 2019. A well-defined set of goals, according to Inc., gives you benchmarks to measure your success, helps you learn which actions help or hurt those goals, and gives your team […]
Identifying and Learning from Your Greatest Mistake in 2018
“Your best teacher is your last mistake.” –Ralph Nader Just as we seek to capitalize on and replicate our successes, we have a duty to ourselves to learn and grow from our mistakes. Hopefully you’ve already identified your greatest triumph from the last year; now it’s time to move the opposite direction and try to […]
What Will You Do Differently for Your Law Firm Clients in 2019, and Why?
Even as we celebrate the holiday season with family and friends, the end of the year offers us an excellent chance to reflect, closing a few chapters as we prepare to open new ones. Along that line, here’s a question you should already be asking yourself: What will I do differently for my clients in […]
What Will You Do Differently for Your Law Firm Clients in 2019, and Why?
Even as we celebrate the holiday season with family and friends, the end of the year offers us an excellent chance to reflect, closing a few chapters as we prepare to open new ones. Along that line, here’s a question you should already be asking yourself: What will I do differently for my clients in […]
3 Ways to be a Business Insider
Every business owner shares this one thing: fear. Sure, some owners are confident and do not dwell on fear. That doesn’t mean at all that it doesn’t exist. Other owners have made being fearful a part of their everyday life; fear creeps lurks over them like a pesky stray dog that just keeps following them […]
7 Right Moves When You must Fire Employees
The first rule in the art of people management is not only true, it’s kind of catchy: “Hire Slow, Fire Fast.” It is virtually impossible to write a post about firing employees without that obligatory toast. The hiring process must be comprehensive, a multi-decision-making endeavor, but that is another post or series of posts. Here, […]
A pledge: My business is not different.
You probably have heard me ask for this pledge as a mantra from new disciples, “My business is not different.” Wonder why? Well, as business owners, when people are beginning to learn the way to run a healthy business, at some point, the tactics or strategies that are less palatable inevitably lead them to say […]
10 Life Changing Reasons to Join a Mastermind Group
If you own your own law firm, you already know that being in business can be a lonely prospect. Joining a Mastermind Group can help with that, but there are many more reasons to become a part of a strong mastermind group than simply helping with the solitude. Not only will you challenge yourself personally […]