High profit margins, happy clients, and free time to enjoy the fruits of your labor.
Yes you can have all three – but for your law firm to provide these things, it must be simple in it’s organization and intentional in the direction of its growth.
Streamlined, aerodynamic law firms can make their owners happy and rich. Overcomplex or haphazard law firms make their owners wonder why they ever got into this business. I speak from experience.
The legal services you provide to clients are complex. The organization and strategy of your business should strive to deliver those complex services efficiently, reliably, and with minimum wasted energy. In growing my own firm, Florida Probate Law Group, from zero to seven figures, my guiding philosophy has been to seek maximum return on investment for the time and resources I dedicate to the business. Over the last 13 years as a business owner I have made mistakes, learned lessons, and ultimately built a business that is predictable, profitable, and rewarding.
A law firm is a unique business with several inherent advantages. Legal services are expensive by nature and law firms have high profit margins compared to other businesses. The product you deliver to clients is your firm’s collective knowledge of how to navigate their legal problem or opportunity. A competent lawyer can deliver significant value to a client with a relatively small investment of time and energy – If that lawyer’s business is thoughtfully organized.
All law firm owners feel the weight of responsibility that comes with the trust of their clients and the livelihood of their staff. Everyone depends on you, and there is nowhere to hide. That can be an overwhelming proposition. If it were not for the consultants, advisors, and mentors that I have had throughout my career, my law firm would have not succeeded.
And what does “success” look like for a law firm?
A successful law firm delivers a return on investment to its clients and meets the financial goals of its owner. A truly successful law firm achieves those goals without being fountain of stress. The aim of this consultancy is to help law firm owners achieve their professional and financial goals without sacrificing their mental health or quality of life.
“The Simple Law Firm” began informally, as I encouraged and advised attorney friends regarding their new or growing law firms and shared the lessons I have learned in my career. Now, The Simple Law Firm has transformed into a rewarding business allowing me to indulge my passion for marketing, sales, procedures, and staffing beyond the boundaries of my own firm. Our goal with every client is to provide exponential return on investment not just in revenue but also in personal and professional satisfaction with the state of their firm.
Thanks for reading!
Click here to schedule a free consultation.
Best regards,
Charles “Cary” David
The Simple Law Firm