4 Keys for Investing in Law Firm Brand Marketing: Glen Lerner
Founding Partner at Lerner and Rowe Injury Attorneys & Lerner and Rowe Law Group
Founding Member and Senior Vice President at Scorpion
EVP & Head of Corporate Development at Esquire Bank
In today’s competitive landscape for contingency fee law firms, investing in law firm brand marketing is an essential catalyst for law firm growth – one that requires time, commitment, consistency and persistence.
For over 31 years, Glen Lerner, founding partner at Lerner and Rowe Injury Attorneys & Lerner and Rowe Law Group, has consistently invested profits back into marketing his law firm and building its brand. According to Glen, “This takes a lot of intestinal fortitude. We started at $10,000 a month; within 3 to 4 months, we were up to $20,000 a month. Within another 3 to 4 months from that, we were up to $40,000 a month. Every cent we made we put back into the business.”
As a result of Glen’s commitment to investing in law firm brand building, Lerner & Rowe has become one of the country’s premier personal injury firms, expanding their reach to multiple states across the United States.
What are 4 Keys for Investing in Law Firm Brand Marketing?
- Brand building takes time – there are no get rich quick schemes
- Commit to investing profits back into marketing
- Run your law firm like a business – stick to the fundamentals
- Never give up – keep fighting
Watch this 2-minute video for more insight into how Lerner & Rowe has run its law firm like a business, focusing on business fundamentals and investing in brand marketing for long-term success and law firm growth.
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Whether your goal is investing in growth, expanding your practice, or positioning your firm for a merger or acquisition, understanding your case inventory is an important valuation for your firm. Leveraging your firm’s case inventory to finance case disbursements can allow you the flexibility and liquidity to pivot your focus to investing in digital marketing, technology, and staff.
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