Chainlink: How to Build a More Efficient Law Practice in 2021

Yes, it’s hard to believe; but, it’s 2021, everyone.  Can’t be worse than 2020, right?

The turning of the calendar is just another opportunity to improve your business management.  Now, what business owner among us would NOT want that opportunity?

So, let me tell you what you need to do in 2021, that you haven’t done yet:

This is the year you turn your law firm into a high performance machine.  You’re currently driving a Chevrolet Chevette; by the end of next year, I want you to be rolling up in a Ford Mustang.  And, Ford is the optimal analogy here; your job one this next year, is to build the law firm version of Ford’s assembly line.  Build systems, save time, do more work, make more money.  Rinse, repeat.

Don’t view the notion of a high-performing practice, as many attorneys do, as a bad thing.  Embrace operational efficiency, and it will pay dividends.  Now, I know that your inclination as a lawyer is to tinker, to putter around with different practice areas, and different cases.  But, it’s up to you to tamp down that desire, and focus on running a business, not your own postgraduate learning program.  The object of your business is that it will make you money; so, build your business for its highest purpose.

If your law firm is not currently focused on efficiency, look to make upgrades to your processes, with an eye toward becoming as efficient as possible, without sacrificing quality.  If you’re not using a document automation tool to build documents, think about adding one.  If your intake process is not formalized, build one.  If you have no idea how work gets done in your office, spend more time observing your staff and their relative effectiveness.  Lawyers tend to distrust automation; but, those who embrace it are eating their competitors’ lunches.

Time to feast.

. . .

If you want to eat in 2021, we can help.

The Wyoming State Bar offers free law practice management consulting services through Red Cave Law Firm Consulting.  To request a consult, visit the Wyoming State Bar’s law practice management page, and start running your law firm like a business.

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