Law Firm Profit Improvement

Many smaller law firms in Australia and New Zealand suffer from poor profitability.
Poor law firm profit leads to many problems in a professional practice such as:

– Inability to attract principals
– Inability to attract and retain quality staff
– Inability to sell your practice for a good price
– Inability to afford quality training for principals and staff
– Inability to afford the latest technology

All of this leads to mediocre outcomes, for the principals, staff and clients of the firm.
The exciting thing is that once you start to turn that around, then all of those same areas of weakness, become strengths.

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Small Law Firm Blog

If you are looking to increase your flow of new matters, these areas stand out as providing the three best sources of new clients for law firms. 1) Repeat business from existing clients; 2) Referrals from your existing clients; 3) Referrals from your professional network. These three areas combined contribute around 68% of new matters for higher performing firms in […]

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Testimonials

Colin has a good understanding of the realities of rural and regional legal practices and his presentation makes real sense, encouraging practitioners who are ready for it, to get the best out of their businesses. Louise Dix- Higgins & Dix Lawyers- Laurieton NSW

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