Category : 30,000 Foot View

Signs that Building a Law Firm Is Not for You

Key Indicators that You Should NOT Be Building a Law Firm

Oct 24, 2019

Not to be a Negative Nancy here (er, Bummer Bob?)…but let’s share a difficult truth: Building a law firm isn’t for everyone. Furthermore, that’s okay. Not every attorney has to own their own firm, nor should every attorney feel pressured to do so. Building one’s own firm offers unique advantages, to be sure—but if entrepreneurship […]

How Black Swan Events Can Upend Plans to Start Your Law Firm

Black Swan Events Part 2: Preparing for the Unexpected

Oct 14, 2019

We previously discussed “black swan events”—highly disruptive events that are unpredictable before they happen—and how such events might throw your law firm plans into jeopardy. What, if anything, can you do to prepare for a black swan event so it doesn’t kill your dream if/when it happens?   Preparing for the Unexpected   The obvious […]

How Black Swan Events Can Upend Plans to Start Your Law Firm

Black Swan Events Part 1: How a Black Swan Event Can Upend Your Law Firm

Oct 10, 2019

“The best laid plans of mice and men often go awry.”—Robert Burns, ‘To a Mouse’ Every so often, some cataclysmic event reminds us that we live in a world of endless variables and unpredictability. No matter how well you plan for your law firm, no matter how much you prepare, there’s always a chance something […]

Building Authority as a Legal Thought Leader in Your Field

Ways to Establish Yourself as a Thought Leader in the Legal Community

Jun 13, 2019

Have you ever wondered why some legal minds seem to have more clout with the public than others? Have you ever felt yourself getting annoyed at or jealous of some other attorney being viewed as a thought leader in your field when you feel you’re actually more qualified? I’m about to let you in on […]

lawyers work

It’s Crazy That Lawyers Brag About How Hard They Work

Aug 22, 2018

When you run into a colleague at a conference or networking event, how does the chit-chat generally go? Typically, it follows this basic pattern: “How are you doing?” “Super busy. You?” “Busy.” It’s not a myth. As the Chicago Tribune notes, the median work week for a lawyer is 50 hours, but over 40 percent […]

entrepreneurial lawyers

The Skill of Chewing Glass: What Entrepreneurial Lawyers Can Learn

Mar 1, 2018

A friend of mine said running a start-up is like chewing glass and staring into the abyss. After a while, you stop staring, but the glass chewing never ends. —Elon Musk   This quote from noted entrepreneur (and forward-thinker) Elon Musk is worth “chewing on” in its own right. Essentially, the analogy refers to how […]

new years resolutions

Goals for 2018: Myths and Realities of New Year’s Resolutions

Jan 25, 2018

Let’s take an informal poll: How many readers dread the idea of making New Year’s resolutions? (Hands go up all over the Internet.) Why do you suppose that something intended to be positive has such a negative connotation for so many of us? Perhaps we know instinctively what the science confirms: The vast majority of […]

year-end review

2017 Year-End Review: Celebrating Your Successes

Jan 18, 2018

When we focus on our gratitude, the tide of disappointment goes out and the tide of love rushes in. —Kristin Armstrong As you continue to take a look back at 2017, hopefully by now you have reflected on things that went wrong in your law firm and what you can learn from them. Before we […]

There’s still time: 6 steps to 2016 planning

Dec 21, 2015

As the year winds down, panic can begin to set in as you begin to think another year is going by without serious thought given to your 2016 planning. As with anything else of value, it isn’t going to get done unless you commit time, brain power and a serious level of importance to doing […]

Time to grow again? A new niche might be your answer

Dec 1, 2015

When you have tightened up your processes and systems and are beginning to see growth level off, it is natural to begin seeking sources of new money. Perhaps it is time to add a new niche to keep the party rolling. We have gone over the issues around jumping the gun too early and seeking […]

Building Your New Law Firm: Where do I start?

Oct 19, 2015

If you are just starting out in your own law firm or have found yourself rebuilding and are not sure where to start, listen up. Naturally, your gaining of new business that will help you keep the lights on is high on the list. Yet, I say to you that there are a few other […]

When do you hire a sales person?

Jul 6, 2015

Ask yourself this question: If an unexpected opportunity arose in your life, could you take the day off to take advantage of it? If you have to answer NO to this question because taking a day off literally costs you thousands of dollars and you are the only one to “make the doughnuts” each day, […]

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