Law firms: Making more money is easy when you stop the leaks. In the coming weeks, I shall be sharing 8 short blogs on the leaks I have seen in law firms where they are needlessly losing hundreds of thousands of pounds.This is particularly prevalent when lawyers are estimating for a fixed fee and happens for […]
Get money on account!
I trust you had an enjoyable festive break wherever you were and managed to avoid the lurgy, unlike me!Now we’re in a brand, new year, and it’s time to fly.I am flabbergasted. My gast has never been more flabbered that law firms are still not getting money on account.By the way, this applies to any service-based […]
Get Paid Your True Worth In 2024 And Beyond
Law Firm Owners – it is imperative that you read this. Whether running their own practices or employed fee-earners, lawyers are undoubtedly highly intelligent, skilled individuals who know their stuff and care about what they do, often working long hours to satisfy their clients’ needs. Like other professionals, they are not immune to the challenges which the […]
Are You Submissive?
Law Firms: Are your lawyers lying on their backs with their underbelly dangerously exposed submitting to their clients’ every whim? For example:🟣discounting at the mere hint of a suggestion by the client that the price is too high🟣over-servicing which inevitably means doing work without charging at all🟣not going back to talk to the client about additional […]
Increase Revenue and Profits
Law Firms: Would you like to increase revenue (and profits) without having to:💎get more clients 💎do more work or 💎compromise value or values? Now what sane person could possibly say no to that? Well, it may not be as difficult as you may think, although you will have to be open to change. Right now, whether you like it or […]
Put on your business hat.
Law firms: What do your lawyers do first thing in the morning when they start work? Do they fire up the computer, open the case management system, the time-recording system and make a cup of coffee? I expect the answer to that last question is yes.But and this is a BIG but, do they put their […]
Bare-Faced Cheek!
Law firms: Due to the cost-of-living rise, it’s likely that some of your lawyers are getting more and more push back from clients on fees. You’ve probably already noticed that haven’t you? They will try it on and seem to have no shame at all. 💥More push-back = more discounts. 💥More discounts = less revenue 💥Less revenue = more problems, […]
Stop Hiding Behind the Client Care Letter
Lawfirms: Are your lawyers hiding behind the client care letter? I can bet your bottom dollar (or pound), lots of them are. If so, it’s time to stop. And no, I am not suggesting you abandon the CCL; I know it’s there to protect you legally. So, what’s the problem? Some lawyers, maybe even many, use it as a substitute […]
Law Firms: How Doing Something Different Can Help Your Business Thrive
Law Firms: I know you tend to be cautious as that fits with the nature of the work you do. While that is perfect for your legal work, business is an altogether different kettle of fish. I am certainly not suggesting that you throw caution to the wind. However, remember that faint heart never won fair lady. To […]
The Headline Rate Dilemma: Is Your Law Firm Losing Revenue?
🟣 Law Firm Owners: Do your fee-earners use their headline rate all the time? Most of the time? Sometimes? Rarely? Never? Apologies for being Joe Blunt but I can pretty well guarantee that they won’t all use it all the time. 🟣So, my next question is do you know the answer to that question? Maybe you do and […]
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