The Biggest Concerns for Small Law Firms in 2016 and What to Do About Them

Biggest concerns for small law firms in 2016

In Macquarie Bank’s 2015 Legal Benchmarking survey, by far the two biggest concerns for small law firms at firm level, were: Maintaining and growing profitability Attracting enough new target clients Naturally these two concerns go hand in hand. If you don’t attract enough clients, you are likely to struggle to grow or even maintain profitability. Some practices such as commercial […]

How You Can Increase Your Fees For Legal Matters

How You Can Increase Your Fees For Legal Matters One of the easiest ways to substantially lift the profitability of your legal practice is to increase your fees for 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

Referral Webinar Testimonial – Antony Mastrogiannis – Principal, AM Legal Compensation Lawyers Sydney I had the pleasure of attending a webinar recently on “The Quickest and Easiest Way to Attract Quality Clients to a Law Firm” presented by Colin Ritchie of Ritchie Business Solutions. I found the presentation interesting and helpful. It contained helpful tips and traps, anecdotes and statistics. […]

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