Cost-Plus Legal Strategy: A Smarter Way to Grow Your Firm
July 19, 2022
Human beings are no good at long-term planning. If the record temperatures consuming Europe weren’t ample proof of this, the fact that only one-third of U.S. adults has an estate plan certainly is. We are simply a species hard-wired to survive the day, not the decade, and while this is natural, it’s also costly. What are you losing by not sending your employees to our Law Firm Admin Bootcamp for proper training? What is it costing you to not shell out a little extra for top talent? What is lost when you blow a referral by failing to stay on top of our email? The answer is: you don’t even want to know.
Legal Staffing Trends: How Small Firms Can Lead the Market
February 2, 2022
Where innovation is concerned, it’s rarely large, unwieldy institutions that lead the charge. In tech, for instance, start-ups drive new ideas while behemoths in the field rely on vast cash reserves to buy out innovation when it grows hot. Think Amazon snapping up Zappos in 2009, or Facebook purchasing Instagram in 2012. In the world of media, the same is true. Condé Nast bought Reddit in 2006. Axel Spring snagged Politico last year. In law, however, this doesn’t happen…and small firms ultimately pay the price. Nowhere is this more evident than where legal staffing is concerned.
Better Leader Strategies: Delegate to Elevate Your Firm
September 9, 2021
Nobody starts a business intending to work 9-to-5 or otherwise remain chained to corporate structures. To do so defeats the point. It would be like going to a restaurant and doing all the cooking yourself. Unfortunately, unless you do some serious thinking about how to be a better leader, 9-to-5—or more like 9-to-9—is going to be exactly what you get. This is why the perennial advice for entrepreneurs is learn to delegate.
Self-Care for Entrepreneurs: Why It’s Key to Success
July 8, 2021
Entrepreneurial ambition and vacation time go together like hot sauce and ice cream; which is not very well. Getting a new business off the ground is an around-the-clock commitment, which leaves little time for taking breaks. Nonetheless, even the most driven entrepreneurs are human and risk severe health consequences without periodic rest. For instance, Steve Jobs achieved stratospheric success and yet few would trade places with him knowing that his dogged determination contributed to his early death. While self-care for entrepreneurs may sound like a waste of time in the short term, it is indispensable for long-term success. Take note of the following four tips and know that the cost of today’s vacation will pay dividends by ensuring you are around tomorrow.
Fear in Entrepreneurship: Turning It Into Growth Power
May 26, 2021
Every entrepreneur is familiar with fear. It is, after all, a crucible through which those who wish to mount a new business venture must pass. And further, it is a central driver behind all success. In the world of commerce, fear of failure is a double-edged sword that can either bring business owners down or frees them of the shackles that limit their success. Understanding and managing fear is thus a crucial aspect of all entrepreneurial ambitions.
Resiliency in the Workplace: Simple Steps for Long-Term Success
May 20, 2021
The Covid-19 pandemic is not yet over, but the light at the end of the tunnel is growing brighter, and with it, the various silver linings of this exceptionally dark period are coming into view. One of special prominence is the newfound resiliency in the workplace that many have developed in response to the unique hurdles they have had to face. A look at a recent poll conducted by the Hoffman Center—wherein participants were asked what they have learned from the pandemic— reveals much about the drivers of this resiliency, and how you can make it a daily practice of your own.