Lawyer’s Learning Center with DHIA Podcast Season 06
Season 06:
Strategies & Tools to Achieve Your Law Firm Goals
“Time is more valuable than money. You can get more money, but you cannot get more time.” -Jim Rohn
In this episode, we are discussing how evaluating how you use your time can be a game changer for your law practice.
Squandered time is a leak in your profits. Taking the time to evaluate all your tasks and processes can help you identify where you could save time, invest in new team members or technology, and pinpoint obsolete tasks that can be removed.
Doing this work upfront will save hours as you move forward in your law practice. Your clients will see your reduced stress and efficiency, and you will see the growth you want for your business.
Steer your law practice toward greater efficiency by downloading your free guide and worksheet on Task Evaluation: https://hubs.ly/Q021H45T0
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More Resources:
Task Evaluation for an Efficient Law Practice
Business Plan Guide for Growing Law Firms
Getting Them in the Door – 12 Marketing Ideas
Tailored Business Insurance Portfolio
The Lawyer’s MBA Series (The Missing Course from Law School)
- Webinar Series
- Podcast (Seasons 1 & 2)
The process of loss prevention is the ability to identify or minimize the liability and risks threatening a law firm. Loss prevention is critical to law firms, and although allegations are made against a law firm and found groundless, a firm’s reputation may be compromised.
In the past few years, there have been numerous publicly reported settlements by, and verdicts against, law firms in the $3-19 million range.
In this episode, we’re going over some tools and procedures that may be beneficial to implement in your firm:
- Docket and Calendar Control
- Mail Handling
- Conflict of Interest Avoidance
- File Opening Procedure
- Fees and Bill Procedures
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More Resources:
Business Plan Guide for Growing Law Firms: https://hubs.ly/Q021H3Dp0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Getting Them in the Door – 12 Marketing Ideas: https://hubs.ly/Q01Jjvpw0
Tailored Business Insurance Portfolio: https://hubs.ly/Q025wMQf0
Typically, individuals seek the services of a lawyer when something goes wrong, or they fear something might soon take a turn for the worse. Such situations can be a source of great stress and concern. This is an ideal setting for you to come to the rescue and put their mind at ease.
Kevin Adams is the founder and CEO of Predictive Online Marketing, a digital advertising agency specializing in paid search advertising.
Kevin sat with us to tackle the following topics to help you rescue potential clients with the help of Google Ads:
- Ad Copy
- Landing Pages
- Ad Extensions
- Keywords
- Negative Keywords
- Conversion Tracking
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More Resources:
Business Plan Guide for Growing Law Firms: https://hubs.ly/Q021H3Dp0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Getting Them in the Door – 12 Marketing Ideas: https://hubs.ly/Q01Jjvpw0
Tailored Business Insurance Portfolio: https://hubs.ly/Q025wMQf0
Referrals can be a great way to expand your business. Learning how to ask for referrals can be an effective way to attract new client opportunities.
Receiving a referral is the highest compliment you can receive as a professional. It is also cost-free advertising that can help you conserve the time you spend marketing your business.
Listen in for some quick tips on asking for and collecting client referrals.
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More Resources:
Suggested Documentation Best Practices: https://hubs.ly/Q021H43G0
Email Disclaimer Worksheet: https://hubs.ly/Q021H3f_0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Getting Them in the Door – 12 Marketing Ideas: https://hubs.ly/Q01Jjvpw0
Tailored Business Insurance Portfolio: https://hubs.ly/Q025wMQf0
Malpractice claims are bad news that can have negative consequences. They can make you less appealing to carriers, increase your insurance premiums, damage your professional reputation, and even result in conflicts with the state bar. With stakes this high, it is important to take all possible measures to prevent being hit with a malpractice suit.
Inadequate communication with clients is a significant reason for malpractice claims across the country. It’s crucial to ensure that your clients are always informed and updated about their matter’s status to mitigate your risk of getting sued.
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More Resources:
Suggested Documentation Best Practices: https://hubs.ly/Q021H43G0
Email Disclaimer Worksheet: https://hubs.ly/Q021H3f_0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Getting Them in the Door – 12 Marketing Ideas: https://hubs.ly/Q01Jjvpw0
Tailored Business Insurance Portfolio: https://hubs.ly/Q025wMQf0
Lawyers get a bad rap, and the legal system’s nature makes it challenging for law firms to improve customer satisfaction scores.
According to the American Bar Association (ABA), the challenge to making sure all clients are fully informed is so considerable that the number one complaint received by every state bar is that the lawyer didn’t keep the client fully apprised of their matter. This highlights just how many firms struggle with client communication.
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More Resources:
Suggested Documentation Best Practices: https://hubs.ly/Q021H43G0
Email Disclaimer Worksheet: https://hubs.ly/Q021H3f_0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Getting Them in the Door – 12 Marketing Ideas: https://hubs.ly/Q01Jjvpw0
Tailored Business Insurance Portfolio: https://hubs.ly/Q025wMQf0
Navigating success is a forever-adapting formula. However, there are foundational cornerstones to help you maintain a clear roadmap no matter the outside forces.
This is Part 01 in a two-part episode where we will go over 5 strategies to keep in your law firm playbook.
Today we dive into reflection and goal setting. Setting Goals is a dreaded task for some, but it’s crucial for every business. This does not exclude law firms. Reflecting on the previous year, setting quality goals, and designing a path for the upcoming year is what planning for success looks like. It’s time-consuming, but if done well and consistently, this time can come back to you ten-fold.
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More Resources:
Business Plan Guide for Growing Law Firms: https://hubs.ly/Q021H3Dp0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Tailored Business Insurance Portfolio: https://hubs.ly/Q025wMQf0
Navigating success is a forever-adapting formula. However, there are foundational cornerstones to help you maintain a clear roadmap no matter the outside forces.
In Part 01 last week, we went over the importance of goal setting and reflection.
Today we are covering our final three tips for law firm success: leveraging data and metrics, adapting to market trends, and empowering your team.
If you would like a checklist and guide of these five tips, let us know in the comments, and we’ll create one for you!
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More Resources:
Business Plan Guide for Growing Law Firms: https://hubs.ly/Q021H3Dp0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Tailored Business Insurance Portfolio: https://hubs.ly/Q025wMQf0
Tracking sales may seem like a simple process, but what you don’t know may be holding you back.
As Edward Deming once said, “If you don’t know how to ask the right questions, you discover nothing.”
We want to make sure you are asking the right questions so that you can uncover what your law firm is missing and take action to improve it. This episode of the Lawyers MBA Series is deigned to help you map out the basics of tracking sales and keep a pulse on what is going on in your organization.
We will show you how to bring new concepts and ideas to life and build a business model that works for your organization (even when you are out of the office!) using simple, easy-to-track sales metrics.
YouTube Video to see RJon’s metric board and his paperclip demonstration: https://youtu.be/wT-QlyuB9Y0?si=uOMU4ubsR0P5xCOJ
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More Resources:
Business Plan Guide for Growing Law Firms: https://hubs.ly/Q021H3Dp0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Getting Them in the Door – 12 Marketing Ideas: https://hubs.ly/Q01Jjvpw0
You made it through law school, worked hard to start your practice, and strive to grow your firm… Now what?
You protect it all as you build it to be all you’ve imagined.
In today’s episode, we are going over 7 quick tips to help you protect the law practice you’ve worked so hard to start and strive to grow. From the initial consultation with a potential client to the way you run your business, these tips will help you design a plan to safeguard your law practice and legal career.
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More Resources:
Business Plan Guide for Growing Law Firms: https://hubs.ly/Q021H3Dp0
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Getting Them in the Door – 12 Marketing Ideas: https://hubs.ly/Q01Jjvpw0
According to the Washington Post, “Lawyers outranked other professionals on a ‘loneliness scale in a survey of more than 1,600 workers”. When you start your own law practice, this sense of isolation increases. Maintaining collegiality is challenging, but possible. In this episode, we’re going to explore a couple of ways solo practitioners and small law firm lawyers can overcome social and professional isolation. Including an important and often missed one on allies.
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More Resources:
Task Evaluation for an Efficient Law Practice: https://hubs.ly/Q021H45T0
Tailored Business Insurance Portfolio: https://hubs.ly/Q025wMQf0
Business Plan Guide for Growing Law Firms: https://hubs.ly/Q021H3Dp0
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