1. Develop a law firm business plan First things first: If you want to effectively manage a law firm, a comprehensive law firm business plan is essential. What is a law firm business plan? A law firm business plan is a document that serves as a summary of a firm’s plan for how to...
Initial Costs and Planning: Starting a law firm costs $5,000 to $50,000 or more depending on location, practice area and firm size. Office space, legal software, professional liability insurance and marketing are must haves. Good financial planning and a business plan are key to success. Tec...
but you’ll need to hire a full-time CEO that will manage all other business functions and work together with you on the firm’s business plan and driving it forward. This isn’t an easy thing to hand over, especially because you’ve worked hard to build your law firm to where it is...
Generally speaking, the company governance systems can be roughly divided into two types: one-tier system and two-tier system. In one-tier system, a company only has a BoD and no board of supervisors (BoS), while in two-tier system a company has both BoD and BoS (or supervisor) at th...
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When it comes to securing your legacy, trust is paramount. That’s why I chose William G. Morris, P.A. for my estate planning needs. Their… Read Morechevron_right READ MORE NEWS... Effective, efficient and professional. Everything you’d want in a firm like this!
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Step 1: Standardize all your existing law firm procedures by documenting them in SweetProcess. Step 2: Invite your new hires to SweetProcess and add them to the appropriate team. Step 3: Assign a mentor or supervisor among the existing team members. ...
Business Development How to Harness the Power of Email Marketing in Law Firm Business Development In an era where email remains a dominant communication tool, with billions of users and even more emails sent daily, law firms of all sizes can harness the power of email marketing for business ...
In order to keep abreast of legislative developments in the relevant professional and industry areas of the Specialized Committees, the Company Law and Cross-Border Investment Committee and the International Commercial Dispute Resolution Committee of Hui Ye Law Firm regularly publish new law alerts (Week...