Tag Archives: Innovation

5 Tips for Running an Efficient Legal Business

Contributed article in our business series. Enjoy! – Kimberly

The first thing to do, whatever type of business venture you have your heart set on, is to have a plan in place. It can be long and detailed or concise and to the point. The important things it will need to cover will include how you’re going to start and then run it. It should include a profit-loss forecast, a cash-flow analysis, and a break-even analysis. Once you’re up and running, there is a variety of things you can do to make it more efficient. Running a legal business is not the easiest of ventures to choose. The hours are long, and you’ll have the problem of juggling several responsibilities. However, with these five tips in mind, you will be the proud owner of an efficient, successful legal business.

Automate Your Processes Where Possible

There’s a large amount of paperwork constantly floating around in a legal firm. A great way to save time and speed up some of your processes will be to use software that can be used for merging data into document templates. Using cloud storage for client and court documents, bookkeeping and internal processes will mean everything is available whenever and whoever needs it, whether they are in the office or not. Continue reading→

Taking Charge of Your Company – How to Stay Ahead of Your Competition

Contributed article in our business series. Enjoy! – Kimberly

Being complacent is equivalent to death in the business world. This is because trends, technologies and innovations are always changing, and while being consistent in some elements like customer service is a great thing, most of the time this lack of innovation can cause your downfall. To counter such complacency though, you need to research, you need to innovate, and you need to always strive to be better than you were yesterday:

  1. Know Your Demographic

Knowing your demographic means saving money through repeat customers. It means saving money because you won’t waste your marketing budget advertising blindly to people who don’t care or trying to acquire customers who aren’t interested. The average attention span of online users is only seconds long, and many scroll through their newsfeeds at blinding speeds. You want your advertisements to not only catch their attentions, you want to hold their attentions, and to do that you need to know your demographic. You need to know what medium they use, you need to know where they are, what language they speak, and what they value. Conducting online qualitative market research can help you be the company of the people, and be a success as a result.Continue reading→