The Most Common Habits of Highly Successful Law Firms #1

A habit is a routine of behavior that is repeated regularly and tends to occur subconsciously. The American Journal of Psychology (1903) defined a “habit, from the standpoint of psychology, as a more or less fixed way of thinking, willing, or feeling acquired through previous repetition of a mental experience.” Habitual behavior often goes unseen in persons exhibiting it because they do not need to engage in self-analysis when undertaking routine tasks. 

For lawyers, establishing their own law firm is a dream. Many lawyers reach that point only to learn how much more challenging it can be to run a successful law firm — and let’s be honest, nobody sets out to own and manage an unsuccessful firm.

Here at Lexzur, we work side by side with several law firms and in-house legal teams worldwide. While we are determined to help those legal professional becoming successful, we put in your hand these habits as” tips, tricks” to manage a successful and innovative law firm.

Habit One – Law firm owners commit time to grow the firm as a business

The leaders of strong law firms realize that establishing a law firm needs time. It is the leader who needs to do this. In many law firms, the head is often the most considerable fee earner and the principal rainmaker. But from the searches we have conducted over the years, those leaders seem to get more work done by delegating projects efficiently and allocating time aside from working to grow the law firm “as a business.”

 Succeeded law firm owners lawyers suggested allocating around 20% of one’s time to build and grow the business.

Firstly, it’s crucial to realize that depending only on word of mouth to develop a business is not an immeasurable strategy. Fundamentally, you make a reputation, but you are required to take action to establish a business. It is not enough to think you can get away with a bit of marketing, although you have to do that. The leaders of successful small law firms all realize that they have to package and sell their services properly.

Successful law firms ensure a consistent alliance between the legal services they offer, what their marketing collateral says, and what they and their staff say when they are actually selling the law firm’s services. It is this alignment and consistency of messaging that builds a powerful reputation. It also quickly makes it much easier for everyone to stay on message.

Successful law firms manage and collaborate with their clients in a very professional way. Since they are empowered and satisfied, clients take notice and will favor bringing relevant work back to your law firm.

Successful law firm owners pay special consideration to:

• A vision that they share with their clients and staff. There is a saying that if you do not fully aware of your destination, then you will not guarantee to get there! Successful law firms have a clear vision of what they are doing;

• Professional Employment Policies;

• Staff skills and satisfaction;

• Billing procedures (from start to finish);

• Marketing:

• Client satisfaction with the quality of service.

Most importantly, they ‘know their numbers. They calculate and assess everything. An effective legal practice management solution can help with this.  For instance, Lexzur is an effective law practice management system that tracks everything in your law firm and how many new clients you get per month and what the average client is worth, how many new matters you get per month, and the average matter is worth.

Recommendations to act!

1. Have a clear vision for your law firm  and share it with your staff and communicate it to your clients;
2. Apply encouraging hiring policies with applicable practices;
3. Have full control over your cash flow and other financial management requirements;
4. Provide quality services and listen in particular to unsatisfied clients;
5. Have a comprehensible and effective marketing plan;
6. Make the best use of law practice management technology. 

About Lexzur – 1# Law Practice Management Solution for Modern Law Firms 

Lexzur is an all-in-one law practice management solution for law firms looking to manage their practice more effectively. It offers a wide array of features that would otherwise need multiple solutions, thereby streamlining workflow. Common time-consuming tasks such as litigation and case management,  contract lifecycle management, document automation, creating invoices, contact management, billing, and contact management can be automated through Lexzur.

You can log into Lexzur from any computer device or via Lexzur’s mobile app available on both iOS and Android. Your cases are in your pocket anytime and from anywhere.  Whether you’re in the court, commuting, or on vacation, you can keep up with your firm from any device. Sign up and try it now!