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In a previous post, we began debunking the notion that an overly busy attorney is a happy attorney—let alone a successful one. Lawyers who are too busy to enjoy life, by definition, are not enjoying life. The same holds true with any profession. Yet while productivity does lead to greater fulfillment, the science clearly shows […]
No man is an island, entire of itself. —John Donne As an entrepreneurial lawyer, the success you achieve in your law firm (or conversely, your failure) depends largely on the choices you make. However, no one achieves success alone. Without support of outside vendors, reliably supplying services and materials, a firm won’t survive—simple as […]
Time is what we want most, but what we use worst. —William Penn Have you ever heard an attorney complain about having too much spare time? (Other than sarcastically, I mean.) The overworked lawyer has become the accepted stereotype of the profession, to the point that if you’re not too busy, people wonder what you’re […]
Unity is strength… when there is teamwork and collaboration, wonderful things can be achieved. —Mattie Stepanek Success never happens in a vacuum. If your law firm is going to succeed, you must have help from other people. I’m not just talking about your employees and/or your clients, although both are critical to your success in […]
For many people, running a small business also means running a family business—and this includes attorneys who start firms. Perhaps your spouse or brother also happen to be a lawyer, and you decide to co-partner. Even if your significant other or family member isn’t a member of the bar, perhaps she has excellent administrative skills […]
Cash flow is the lifeblood of any business, and, as a growing law firm, your primary source of cash is obviously your clientele. When clients start paying late (or worse, stop paying altogether), it doesn’t take long before you feel the strain on your business, especially if you get several late payers at once. When […]
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