Six New Year’s Resolutions to Increase Law Firm Profitability
January 15, 2014
“They contain specific and easily applied business suggestions,” he says. “Three of them are micro resolutions relating to specific functions within a law firm that should be examined and improved. The other three are macro resolutions that transcend specific internal functions and relate more to the philosophical focus and overall direction of the firm,” he adds.
The resolutions are:
1) Seriously Examine Your Cost Structure
2) Bill Monthly and Collect Monthly
3) Stop Discounting
4) Write and Follow a Realistic Strategic Plan
5) Become an Entrepreneurial Law Firm
6) Question Your Traditions
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