« | Main | »

Jan 08, 2013


Focusing the Law Firm To Improve Profitability

Question:

Our firm is a 9 attorney firm in Joplin, Missouri. We have our first partner meeting this weekend and we are looking for ideas that we can implement this year to improve our practice and profitability. We would appreciate any ideas that you may have?

Response:

Based upon our experience from client engagements I have concluded that lack of focus and accountability is one of the major problems facing law firms. Often the problem is too many ideas, alternatives, and options. The result often is no action at all or actions that fail to distinguish firms from their competitors and provide them with a sustained competitive advantage. Ideas, recommendations, suggestions, etc. are of no value unless implemented.

I suggest the following:

Click here for our profit improvement blog

Click here for articles on other topics

John W. Olmstead, MBA, Ph.D, CMC

 


Posted at 06:37 PM in Profit Improvement, Strategy
Tags: Focusing the law firm, law firm planning

    Subscribe to our Blog
    Loading