:: BLOG ::

In this section you will find all feedback from the Elite Lawyers. Our goal is to offer knowledge that helps improve the business and productivity of the area. We hope to meet your expectations. If you want to suggest matters that you want to us to approach, please contact us.

KAMAE's Blog
How to make your Lawfirm grow?  - 1st Part

How to make your Lawfirm grow? - 1st Part

 - Reading time: 3 min. 05 s.

"If you aren't growing, you are dying"  
-Tony Robbins 
And if you think about it, this is the truth. When our brain stops "growing", we start failing, and the same happens with LawFirms. 

I receive the same question, over and over, from several parts of the globe: "How to make my LawFirm grow, dimension wise?" 
In fact, you have 5 WAYS TO GROW A LAWFIRM dimension wise:

1. Organically; 
2. Acquisition/ Fusion; 

3. Outsource; 
4. Partnerships; 
5. A mix of the several options.  ;

TThere's no absolute truth towards the best model, it depends of several variables: such as the partner’s organization scheme, the organization maturity, the leadership skills, the adaptation skills, branding and much more… Of course, if you say: "Pick one!" I would say: pick out the 5th option. Why? It's the most capable option to reach several markets with the best possible control. 

Let's see an example of a law corporation, which a chairman (and Founder) that I had the pleasure to interview: Abreu Advogados. This Law Firm, while growing was changing their strategy. In the beginning, they grew up organically, by recruitment. But, as they meant a faster growth, their main strategy was changed. With their dimension at that time, a process of Merger & Acquisition begun of smaller law corporations, which brought in a customer base and lawyers expert in their field of work. And when they felt the need for a broader international market in a stronger and stark form, they performed a strategic change again and begun partnership schemes with others law offices around the world. 

It should also be noted that although this growth has always been sustained by absolutely fundamental pillars, which I consider to be critical (Something often reported within my consultancy actions), namely:  

• 1st - Procedures. Well-defined and formalized internal procedures within a constant learning curve, in other words, they do not stop innovating either through new ideas, or to fill gaps within the organization;
• 2nd - Leadership. Strong leadership, based on "Lead by example". 

• 3rd - IT - Information systems that gather and treat all information and provide key performance management indicators supporting all decisions. 

All these points have many challenges, in fact and as an example, the reorganization of the Financial Department, only of this Case Study's, took around 24 months, with ups and downs. In other words, It was not the single purchase of a miraculous software, it’s installation and training to start. Why? Because in the midst of everything we have the most important factor: people! 

During a deployment process, a great flexibility is needed to integrate people in the process of change and by other side, meet the business needs. And because the organization is a "living being always in motion", these needs do not end and it’s required a constant adjustment and improvement. 

While writing this newsletter (while on an airplane trip) coming back from another visit to Clients in Asia, where we have customers of different sizes and with different needs being that also in here there are all these critical points to which I will add one more that stands out: The partners engagement in a partnership scheme with an approach always related to the solution. In fact, this is one of the parameters which I consider crucial so that I and KAMAE can work seamlessly with clients. When I am with a client I always say "we" and not "you", precisely because we have to think together. 

At the exact period that a client considers the "Whip Law" is its own, we simply leave, because the truth is that the problems (which I like to call challenges:-) ) WILL HAPPEN and it is how we react to these situations that will determine our future growth. 
In the next newsletter we will continue this theme, exploring a bit more each of the options. In the meantime, think on what kind of growth strategies do you want for your office! 
If you are interested in making your office grow in a sustained way: with appropriate procedures and systems that will keep you at pace on your evolution, then click here to contact us. It’s already over 18 years of experience in the legal area, with clients on several points of the world.

Ricardo Teixeira 
Law Firm's Board Advisory

Comments (20)

Top CBSE school in Rajasthan

A school is only a place where child develops physically and mentally by doing physical and mental exercise. Apart from this a child learns cooperation, coordination, understanding and also develops various skills in other fields.

last year
Best School in rajasthan

A school is only a place where child develops physically and mentally by doing physical and mental exercise. Apart from this a child learns cooperation, coordination, understanding and also develops various skills in other fields.

last year
need paper help website

Abnormally perilous activities are focus to strict responsibility. Abnormally unsafe activity and ultra dangerous activity are occasionally used interchangeably.

last year
Daniel Jorden

Abnormally perilous activities are focus to strict responsibility. Abnormally unsafe activity and ultra dangerous activity are <a href="http://www.needpaperhelp.com/research-papers-for-sale">need paper help website</a> occasionally used interchangeably.

last year
SMS Alert Solutions

Today, none of our competitors come close to matching the breadth and depth of our technology solutions offerings.

last year
SysTrack for VDI

SCS is focused on providing the most comprehensive, heterogeneous, integrated IT Software solutions to enterprises around the world.

last year
Dissertation Writing Service

Law firms can help many students and it is quiet unique among all which is happen in any law writing help.

last year
Corporate Animated Video Maker Company

A law office regularly offers more prominent development potential in light of the fact that a firm can develop to oblige more accomplices (pyramid structure). A corporate legitimate office regularly has a settled structure, you can't get advanced until the person above you resigns

last year
BestAssignment Service

It's the ideal opening for law office to develop and adjust their plan of exploit to meet the changing requirements of their patrons. Arraign on a level expense idea for every venture boosts law office to work the entire extra effectively and gives customers consistency and true manner of quietude. There are many other selection charging strategies to deem also.

last year
BBA College in Punjab

Nice post . keep up the good work!

last year
Engineering college in Chandigarh

Great Blog. I add this Post to my bookmarks.

last year
Apple product dealers in delhi

You did really good work. I really appreciate your new and different post. Please guys keep it up and share with us some unique post in the future…

last year
ipad service center in Kolkata

Wishing you the best of luck for all your blogging efforts.This is my first opportunity to chat this website. I found some interesting things and I will apply to the development of my blog.

last year
pay someone to write my dissertation

The law firm has worked hard to provide for your family, attorneys can help you make a clear plan in place plus carry it out.

last year

A law firm is a type of business developed by one or more lawyers to engage in the practice of law.

last year
Pay Someone To Write My Essay

I am uncertain what Georgia law is concerning who can see what. In any case, I know as a previous landowner, and somebody who managed acknowledge issues and occupants for flawed records as a consumer. Requesting the data UPFRONT is less demanding than attempting to get it afterward. Your property supervisor ought to have, in any event, informed you with respect to their scores on their credit reports.

last year
buy papers online

From the earliest starting point, the law firm has kept up a layered structure that just appeared to work. As the years have gone, there has been almost no change to this structure. On the off chance that you hold a law firm to speak to you in any lawful matter, it comprehends the positions and who you will talk with.

last year
do my essay for me

In the first place, be positive about yourself, realize what you're worth and don't fear talking your brain. Keep in mind that lawyers are delegators themselves; so you need to recognize what you need and how you need it to persuade. Make a rundown of the things you as of now do, and consider why you truly like your occupation.

last year
Dissertation Help UK

The explanation here is to really observe that in real life. When you start firm, you will realize that the following right stride opens up before you and is anything but difficult to take, then the following, and the next easy to steps realizing you to built a excellent organization.

last year

Comments are closed.


Follow Us