In this blog, we feature insights into key considerations for how to grow your law firm.
As attorneys experience success in building up a practice, an important consideration is how to grow your law firm from a disparate group of attorneys to building up an integrated law firm.
According to John Gomez, founder and president at Gomez Trial Attorneys , it requires a determined and dedicated effort from everyone. Importantly, there are four keys for how to successfully grow your law firm.
What are the 4 keys for how to grow your law firm?
- Align your organization: Define your future vision and core values
- Data is king: Invest in a robust case management system
- Establish consistent processes: Get everyone on the same page
- Plug into your business: Take a business view
For John Gomez, identifying the vision and core values for the law firm and then aligning it to the entire organization is foundational to law firm growth. “Defining the future of what that is going to look like. Defining core values — what matters to the organization. And ensuring that every person that is on that team has aligned values, goals and objectives. If you don’t have that alignment on your team, it’s not going to work,” he emphasized. ”
Building a robust case management system for tracking, reporting and performance metrics is also essential. Layering in thoughtful, operational processes will ensure the law firm performs at a consistent high level.
Above all, John Gomez emphasizes taking a heightened business approach to running the firm with a strategic plan that’s supported by particular milestones and guided by process and data.
Watch this 3-minute video featuring John Gomez, founder and president at Gomez Trial Attorneys, as he chats with Ari Kornhaber (EVP & Head of Corporate Development, Esquire Bank) and Jeremy Poock (Founder, Senior Attorney Match) about his experience with growing his law firm and what it taught him.
Learn More About Law Firm Growth Strategies
Watch this 5-minute video featuring John Gomez, as he discusses how he overcame the ups and downs of managing law firm cash flow for cases, balanced his law firm’s needs, and unlocked capital for law firm growth through case cost financing.
Meet with Esquire Bank
Learn how you can invest more case resources by leveraging case cost financing. Schedule a no-obligation consultation with an Esquire Bank Business Development Officer today at a time convenient to your schedule.
Meet with Esquire Bank
*The information provided on (or accessed through) this email is provided for general informational purposes only and is not intended as, and should not be relied on for, law firm operations, tax, legal or accounting advice. Some of the information may not be applicable or appropriate for all law firms. Please consult your own tax, legal and accounting advisors as appropriate.
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