3 Things to Keep in Mind for Sustainable Law Firm Growth
Assessing the necessity and feasibility of office upgrades requires a balance between aspirations and financial prudence. Learn from my mistake: we took on a large loan to move to more impressive offices to impress larger clients we wanted to attract.
Lesson learned: If your office is not up to snuff, or you're working from home, take advantage of meeting with clients at their place or an interesting venue. Opting for client visits or casual meetups fosters deeper connections and invaluable insights into client needs.
Hire slow and Fire fast: Hiring diligently and terminating swiftly, when necessary, safeguards the firm's culture and reputation, fostering a conducive work environment. If your firm has a great culture, make sure your hires are completely aligned with your purpose and culture.