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Practice management – The key to a successful law firm

10 October 2018 by By Lawyers

Our Practice Management guide has undergone a substantial review to better address the challenges facing small law firms now. We have tailored our Practice Management Guide to provide assistance for all firms, whether start-up, breakaway or well established.

Our Practice Management guide contains commentary on running a successful legal practice, covering the following main areas:

  • How to perform a Legal Practice Health Diagnostic Check – a very useful tool for identifying existing strengths and areas where the firm can improve, or as a check-list for start ups.
  • Business planning for a law firm – including a SWOT analysis and environmental scan.
  • Ethics and professional responsibility – crucial to establishing reputation and managing risk.
  • The solicitor/client relationship – how to value and manage client relationships.
  • The employer/employee relationship – all of the essential information required for a firm to become an employer of choice.
  • Practice management – the essentials of managing the work performed by law firms including, matter and data management, financial management and trust accounting.

The By Lawyers Practice Management guide also contains many helpful precedents, such as:

  • Example costs disclosures.
  • Example invoices.
  • An example mission statement for a law firm.
  • A risk management plan.
  • Employment forms – including an application for employment and a new employee check-list.
  • An example asset register.
  • Forms for conducting file reviews.
  • Document safe custody records.
  • An example law firm client satisfaction survey.

Also included in the guide is our Reference Manual – 101 Policies and Procedures which covers most aspects of running a legal practice. Firms can seamlessly implement these policies and procedures as their own with a view to later development and enhancement, or use them as the basis for refreshing and enhancing existing policies and procedures already in place.

The By Lawyers Practice Management Guide also includes helpful articles including The 11 habits of highly successful small law firms by the Global Executive Chairman of LEAP, Richard Hugo Hamman.

Filed Under: Federal, Practice Management, Publication Updates Tagged With: business management, growing a law firm, law firm, practice management

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