What level of profit is your law firm planning on earning for the 2014/15 financial year?

Law firm profits for the 2014/15 financial year

Law firm profits for the 2014/15 financial year – What are you planning on earning? In Australia we have just commenced a new financial year. Accordingly it is a great time to take stock of how you did last year and decide if that matched your expectations. It is also the time to set your goals for next year (if […]

Business Planning for law firms

Business plan for law firms

Business planning for law firms is often overlooked. Does your practice have a business plan? I was presenting a session at the Sole Practitioners course at the College of Law in Sydney on Friday and I asked the same question. These were sole practitioners who were about to commence practice, be that an existing practice or starting a new one. […]

FREE Webinar – Are You Ready to Grow Your Law Firm in the Easiest and Most Cost Effective Way?

FREE Webinar – Are You Ready to Grow Your Law Firm in the Easiest and Most Cost Effective Way? Join us for a FREE Live Webinar – March 14 If you run a smaller law firm and are ready to generate more quality fees of the type you want, from clients you like, register for this live webinar. This 30 […]

What Buyers Are Looking For When Buying a Law Firm

What buyers are looking for when buying a law firm

Buying a Law Firm – Small Legal Practices Are you one of the many principals of small legal practices who will be looking to sell their practice in the next few years? If you understand what buyers are looking for, then you can make your practice more attractive to those buyers and potentially achieve a quicker and more lucrative result. […]

How You Can Increase Your Fees For Legal Matters

How You Can Increase Your FeesĀ For Legal Matters One of the easiest ways to substantially lift the profitability of your legal practice is to increase your fees forĀ legal matters you do. Now of course that comment sounds obvious, but with clients increasingly questioning fees in the current tough times how can you do it? The secret to being able to […]

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Small Law Firm Blog

How to price legal services to attract high quality referrals? This is part five of a series on the top five concerns lawyers have about getting referrals. To recap, I have just concluded a survey of small law firms where I asked then what their biggest concerns were in regard to getting referrals from people within their professional network. From […]

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Testimonials

My company, Hymans Valuers & Auctioneers, recently sponsored the BASIL Lawyers Conference. Colin delivered a brilliant paper on business performance improvement for small legal practices. Many of the principles that Colin shared with us could be applied to many small professional services practices. I have implemented 2 of these ideas in my own valuation practice. I would recommend that all […]

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