Growing Your Legal Practice: Are You on Target for 2011?

For many law firms, business slows during the holidays. And that makes it a perfect time to review your law practice.

Start by asking 3 questions:

Am I on target with my goals?

Are my numbers lining up? (Examine your overhead, major expenditures, profit margins, etc.)

Am I creating a business that supports and enhances the lifestyle I want to lead?

Create an Action Plan

After you’ve collected the data and done a bit of reflection as these 3 questions require, you’re only half-done. You now need to create an action plan. To help you with this, here are a few questions to answer and suggestions to guide you:

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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