The Secret Plan To Launch Your Firm Into 2024: Operations
Watch the YouTube version of this episode HERE
Are you a firm owner who is struggling with solving operational issues for the firm? In this episode of the Maximum Lawyer Podcast, Jim and Tyson discuss strategies for law firm success through defining operational clarity and efficiency. This is part three of a five part series discussing how firms can have a successful launch in 2024.
Jim shares that he would spend his hour going over the organizational charts of the firm to see what the 5 most important things for each role are. It is important to meet with each person and get an understanding of how they are doing and if their roles or responsibilities have changed since they began. This will provide more clarity on what that role consists of. Law firms are always changing and the way people did things a year prior or the responsibilities staff have will change as time goes on. It is important to ensure this is being reviewed each year.
Tyson shares the need to think about a strategy when you choose to grow a law firm. Growing a firm is expensive, especially if you want to create a new team. For example, a team or a pod can consist of a case manager, an attorney and a litigation assistant. That is a team of 3 people with 3 salaries, which can be expensive if you want to grow. Think about how to expand in order to get that new team without hiring everyone all at once. Also think about who should be hired first and where to leverage across other areas until you are ready to hire the second and third person. Tyson also delves into looking at processes and where to trim the fat. Looking at areas where too much is going on and where workflows can be improved is another way to get clarity and efficiency for a firm.
Listen in to learn more!
1:00 The importance of assessing each person in the firm to see how they're doing
4:05 Focusing on evaluating processes and optimizing workflows
Tune in to today’s episode and checkout the full show notes here.
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