Most small firms are looking for ways to grow and expand their business. There are 3 things all of these firms can do to grow:
- Make sure you are tracking profit centers to understand what is driving business.
- Identify and recognize your firm’s rainmakers. This could be partners, employees, departments, or even freelancers. No matter who they are, make sure they’re compensated.
- Set the right priorities. Figure out what pays the bills and focus attention there.
Learn more about setting practice priorities for your law firm.