Practicing law is not a battle. But understanding that you’re not the only law firm that needs the victory or settlement is crucial. Hence, knowing how to conduct a competitive analysis and why it is critical is a key success factor. Let’s face it; whether you are an established law firm or just starting, competition
Proper time management is a challenge that law firms face. It is a crucial determinant of how lawyers and legal professionals perform in a business environment characterized by high volatility, ambiguity, uncertainty, and complexity. With clients’ needs and requirements changing by the day, law firms must modify how they relate to their clients in their
Billing legal clients requires sound professional judgement in terms of both getting the amount on the invoice to accurately reflect billable hours, and also in hitting the right tone and level of customer service throughout. Educating lawyers about the invoicing process, from descriptions and billing to addressing client concerns is something few firms contemplate. In
Email Marketing has become a powerful tool for most businesses, and law firms are no exception. According to research, the average ROI for email marketing is around $42 per $1 invested. This makes email marketing the highest ROI-generating tactic in the digital marketing space. In this post, we will show you why email marketing is vital for
The success of any legal firm depends on various principles, including consistency, determination, client acquisition, case management, and, more importantly, billable hours. The need to maximize performance and revenue cannot be overstated. Unfortunately, most law firms use too much of their time on activities that do not bring in revenue. According to a research analysis
Parallel to its human resource, a law firm’s most valuable asset is its clients. Without clients calling your office to seek your legal services, your firm would struggle to carry on with operations and keep up with the competition. Even so, there are some law firms that may not understand their clients’ role in their growth