Law Firm Business Development
When looking to grow your Law Firm business, it is important to assess your law firm. When assessing your law firm, is it important to know the weakest and strongest departments of your firm. This gives you the opportunity to grow your business and stay consistent. Identify the key value sectors in each part of your business:
- Marketing and Sales
- Financial
- Operations and Productions
- People
- Services
- Innovation
Strategic marketing done right is the most reliable way to initiate growth for a law firm. By thoughtfully evaluating and targeting markets, law firms can strengthen their brand identity and profitability. Diversification, innovation and targeting new markets are three examples of marketing strategies aimed at increasing and finding new corporate success.
4 Tips on Growing your Law Firm
1. The profitability of the business depends on how well the employees consistently perform critical activities.
2. Employees perform best when they understand how their performance affects the bottom line and how their performance is measured.
3. Small changes in critical areas can have a great impact on the bottom line.
4. What gets measured gets done and what gets rewarded gets done again.
Looking for Advice on your Law Firm? Thinking of Opening a Business?
David Mitroff, Ph.D. is available as an expert witness or to be an expert consultant for law firms and their clients. Dr. Mitroff has a background in and studied forensic psychology and worked in a consultative role with LexisNexis for six years with the top law firms throughout the San Francisco Bay Area. Piedmont Avenue Consulting, Inc. and David Mitroff, Ph.D. are also an approved California Continuing Legal Education MCLE provider and has been featured in California Lawyer Magazine on law firms and the cloud.
David Mitroff, Ph.D., consults with organizations, business owners and law firms in the San Francisco Bay Area and beyond. Dr. Mitroff has held numerous consultative sales and technology positions, along with co-founding three companies, covering diverse environments including technology, business, legal, financial, retail, restaurant, government, academic, and health care. While working with LexisNexis, David conducted CLE presentations, seminars, and other workshops at leading law firm’s throughout the West Coast. David is an active member, on the executive board, or advisory committees for several organizations. He continually collaborates with several consultant groups, merchant associations, and charities to best serve the community.
David is a sought after expert on a wide range of topics from social media to peak performance. Through his consulting, lectures, trainings, and keynotes David Mitroff, Ph.D.(www.DavidMitroff.com) has educated more than 15,000 business owners.
Law Firm Business Growth Experts and Consultants
Piedmont Avenue Consulting offers a free consulting session to review your business and marketing strategies. This includes presenting you with the services, solutions and resources we offer to bring your business to the next level.
