So, without further delay, here is what is next on my list of things to do for starting a law firm. And by the way, I know I have shifted away from the specific to the more general lately, so the plan is to give you the to do list today, and as I cross things off the list explain what I did and how I did it so when you go out to do it you can save time and money. Sound good? Let's get started.
To Do List for Starting a Law Firm
1. Create and Get up and Running my law firm website.
This includes securing a domain name, purchasing website creation software, preliminarily setting up the site so it has some content, and putting together a draft of the pages I want and content I want on the site. If you didn't know, if you don't have a law firm website you're a dinosaur. Everything begins and ends here.2. Office Set-Up and Pricing.
This includes: finding the exact laptop I want for the law practice; determining the exact price for the laptop; figuring out how to set up the laptop so I can use it as a dual screen with my desktop; finding and pricing the laptop dock I want; finding and pricing the exact printer and scanner I want; and figuring out how to get all of this financed.3. Finalize the Law Firm Business Plan.
This speaks for itself. I have already sent the business plan out to a couple of people for review (Alison are you going to get back to me?!! :) ), but I'd like to more specifically outline my marketing plan so I can have a list of action items and a true legal marketing plan to hit the ground running.4. Continue Increasing the Search Engine Optimization for My Blogs.
Search engine optimization is the practice of taking specific steps to increase the likelihood of your law firm website ranking high in the search engines for specific keywords. For example, when people search Seattle DUI attorney, I'd like both my blog and my firm website to be on the first page of Google. Getting that result is not necessarily hard, but it does take a little elbow grease - including posting on the sites as often as possible. Don't worry, I'll explain in much more detail later.5. Post to My Legal Blogs Every Other Day.
This is for three reasons. First, see #4. Search engine optimization requires good content. Second, this is the easiest and one of the most effective ways to establish yourself as an expert in your field (DUI defense and criminal defense, for example). And third, posting requires you to delve deeper into your subject matter, both for content and analysis, actually increasing your expertise.6. Draft Outline of Firm Brochure.
This one speaks for itself, but I will say that one of the primary differences my firm will have from many traditional law firms is no fear of aggressive, targeted marketing. Law is a profession, but if people don't know about you you will never be able to help them.7. Create Law Firm Logo.
This one also speaks for itself. But I will say having a sharp law firm logo can't help but make your law firm at least appear to be more successful.8. Draft Client Intake Sheet for Eminent Domain and Small Business Clients.
In addition to the usual background information this is a good way to get other useful information that you can use to build a successful practice and increase the likelihood of a successful relationship with the customer.9. Create the Small Business Monthly Fee Schedule with Levels of Service.
Part of my law firm business philosophy is eliminating the billable hour. I will have more posts on this to come, but when really analyzed hourly billing diminishes the practice of law to a commodity, promotes inefficient processes and strategies, limits your earning potential as a lawyer, and doesn't always promote client goals, particularly when giving advice to clients (although my answer to the question may take only 5 minutes, it is based on years of experience - would you rather be paid for the 5 minutes or the experience behind it?).So I plan on creating a fee structure eliminating the billable hour and instead focusing on customer service and satisfaction through an agreed to flat fee based on the value provided to the client.
10. Create a Firm Process for Resolving Client Matters and Handling Client Matters
Part of the craziness of an attorney's life is sometimes the unstructuredness of it. I want to implement firm policies and procedures to eliminate the feeling of helplessness with my schedule and create a consistent customer experience no matter who the customer may be dealing with at the firm.11. Finalize a Specific Marketing Plan.
Again with the marketing. Opening a successful law firm requires locating and finding clients when you start with none. With this action item I intend to establish my marketing plan on a yearly, monthly, weekly, and daily basis. I already know it will include email updates, newsletters, direct mail, postcards, targeted print advertising, publishing articles, and public speaking. Now I just need to specifically define how and when I'll do each of those.12. Create a "Prospect Kit."
Again, this all goes back to demonstrating to customers and potential customers of your new law firm not only that you are experienced and can handle their problems but that you care about them. This prospect kit will probably include a practice area guide, testimonials, a biography, a sheet on value pricing versus hourly billing, a published article relating to the prospect's business, and a personalized cover letter. You must remember the practice of law is highly competitive. If you want clients you have to go get them.As you can see, the list if fairly exhaustive. I have a lot to do in the coming weeks and months (and this isn't even close to all of it). Starting a law firm is not easy! Many of these items will probably take the longest because many involve content creation - no easy task. Although it will be tough and monotonous at times, this is the reason I am doing this - to control my own destiny!
I plan on updating here frequently on my progress, including step by step details of exactly what I've been doing. Feel free to comment and provide suggestions, and I hope this helps you answer the question of how to start a law firm.
Related Posts:
Starting a Law Firm | Google Ranking
Opening a Law Firm | Learning Business
3 comments:
Hi, this seems like a very good plan, but I have a couple of suggestions. For eminent domain, I would also suggest that you use words like condemnation and even takings in alternative domain names for your sites. Many people use the terms condemnation and eminent domain interchangeably and takings gives you an added advantage in situations where people want to make a constitutional objection.
For your marketing, I would, personally ditch the form letters, unless you plan to follow up. Instead, I would send a couple of targeted letters to local appraisers, economists and others who provide valuation services in condemnsation proceedings. Get together with them to explore mutually beneficial arrangements - e.g., you might use them in your case, and if they're ever contacted about a valuation they will make a recommendation for you. The benefit here is that there's no conflict since an appraiser can't represent a client in an actual condemnsation proceeding.
Carolyn:
Thanks for taking the time to comment. Your feedback is much appreciated.
For keywords, I have considered and do use condemnation and will include takings in the future. Great idea.
As for the marketing, the from letter I was referring to was to governmental entities asking for information moreso than potential clients. And I agree 100% that making sure other professionals that participate know about me and know how to refer me is very important for business.
Please keep reading and offering feedback! It is really helpful.
Another couple items for your list. 1. You might want to get some quotes from insurers so you can have a better idea of how much to budget for professional liability coverage (and a general businessperson's policy). I recently opened my solo practice and the cost of insurance was a bit of a shock...as was the fact that I needed to pay the entire premium at once. Also, the application form insurers require you to submit serves as a good reminder of other items for your to-do list, such as getting systems in place for conflicts checks and docketing deadlines. 2. Budget for a good bookkeeper/accountant to help you set up your accounts, especially the trust account. Even if you do most of the day-to-day accounting yourself, it's worth it to have someone help you set up your system and make sure you aren't inadvertently inviting a bar association audit.
Post a Comment