Deciding to hang up your own shingle and start a small law firm can be an exciting yet daunting task. As a seasoned legal professional, you likely have extensive expertise in your chosen practice area. However, running the business side of a firm requires an entirely different skill set. From managing clients and cases to keeping up with billing and payroll, keeping all the plates spinning can quickly become overwhelming.By thinking strategically and planning carefully during the startup phase, you can set your small firm up for long-term sustainability and success. This guide on how to manage a small law firm covers key steps for small firm lawyers looking to strike out on their own. With smart systems and processes in place from day one, you can avoid common pitfalls and smoothly manage the day-to-day workload.
