Best Practice: 5 ideas to jump start your law firm in 2015

Asked and Answered

By John W. Olmstead, MBA, Ph.D, CMC

Here are a few ideas to help you jump start your practice in 2015:

1. During the next week review your 2014 personal and practice performance and consider:
   • Things that you did well and could have done better
   • Things done poorly
   • Things that you should have done but did not do
   • What you should be doing now – in 2015 – to be effective in your practice
2. Write down what results you expect – goals for 2015 – both financial and non-financial - and compare actual results against these goals.
3. Ask each person in your firm to create and implement one goal that will improve your practice in some way (revenue, profitability, process, client satisfaction).
4. Implement one action item that you have been things about for years and procrastinating.
5. Give some thought as to what you want to be remembered for – personal and professionally – and begin taking steps to move in that direction.

Good luck in 2015!

http://blog.olmsteadassoc.com/olmstead_associates_law_p/strategy/

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John W. Olmstead, MBA, Ph.D, CMC,(www.olmsteadassoc.com) is a past chair and member of the ISBA Standing Committee on Law Office Management and Economics. For more information on law office management please direct questions to the ISBA listserver, which John and other committee members review, or view archived copies of The Bottom Line Newsletters. Contact John at jolmstead@olmsteadassoc.com.