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6 Characteristics of Successful Law Firms

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StrategyDriven Entrepreneurship Article | Successful Business | 6 Characteristics of Successful Law FirmsWhat does it take for a law firm to be successful? Unfortunately, there is no single best way to answer this question. Success can be relative, and it can be pursued in several ways. That said, keep on reading the rest of this post and we’ll quickly list down some of the characteristics that are common in successful law firms.

1. They Provide Timely Services

The timeliness of the delivery of legal services is one of the most important things that will have an impact on the satisfaction of clients. This makes it important for firms to make sure that they can deliver the required outcomes as scheduled. To add, it will also help to use legal billing software to make sure that the invoices will be sent on time.

2. They Embrace Technology

Successful law firms do not hesitate to use technology for their benefit. They consider it as a necessity and not as a luxury. They train their people to embrace innovation instead of resisting them and sticking to conventional methods. A good example of using technology in a firm would be through using software like Rocket Matter, which can improve efficiency and productivity, such as for scheduling and billing.

3. They Put an Emphasis on Diversity

In one article published on the website of Thomson Reuters, it has been noted that diversity will be one of the key differentiators that can affect the success of law firms in the next five decades. This calls for the need to value gender equality in the workplace. Discrimination based on race will also have no place in the firm. In fact, a firm with women and minorities in their roster of lawyers will have a huge advantage in positioning their company.

4. They are Recognized in the Community

One of the easiest ways to measure the success of a law firm would be through how much it is recognized in the community. With this, it is also important for firms to do something that is meaningful for the community, such as having pro bono cases to help those who are unable to access high-quality legal services.

5. They Manage Talent Exceptionally

Like in other businesses, the people are the most important assets of a law firm, making it necessary to have robust talent management practices in place. Every client expects to be working with only top-notch people, so the firm should have the talent to meet these expectations. To add, the law firm must have an effective strategy in attracting and retaining top talent to be competitive.

6. They are the Best Place to Work

At the end of the day, the most important characteristic of successful law firms is that they gain a reputation as the best place to work. This way, they attract the best people to provide exceptional legal service. This is related to what has been mentioned above since this is critical in talent retention.

The success of a law firm is not an easy feat, especially considering how tough the competition is. However, with the things that have been mentioned above, it will be easier for providers of legal services to stand out and improve their bottom line.

Advice For Becoming A Better Entrepreneur

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StrategyDriven Entrepreneurship Article | Entrepreneur | Advice For Becoming A Better EntrepreneurWhile it’s nice to be able to say that you’re an entrepreneur, it’s an even better feeling to be able to prove to others that you’re a successful business owner. Luckily, you can use the following advice to help you become a better leader and boss so that you can experience a bright and prosperous future.

It’s ultimately up to you and your responsibility to overcome any obstacles you’re facing and improve in areas where you’re falling short. Remain patient with yourself because you’re more likely to develop as time goes on and you gain more experience and expert knowledge of your field and business. Most importantly, follow your passion and try to have a little fun while you’re at it!

Admit to Your Weaknesses

Become a better entrepreneur by admitting to your weaknesses and what you don’t know. For example, you may realize you need a digital marketing plan in place but don’t know the best way to implement one. In this case, work with a company such as Webpresence.Digital that can help your business thrive online by increasing leads, boosting sales and building more brand awareness. It’s not always about being able to perform each task yourself, but knowing who to turn to that can help you achieve your goals.

Learn from Others

Be observant and willing to learn from and listen to others if you want to improve your abilities as an entrepreneur. Be thirsty to take in new information and open to hearing different approaches to solving problems. Find a mentor who you can turn to for input and will keep you on track when you’re unsure of how to proceed in the future. Commit to nurturing long-term business relationships with other professionals and customers as well.

Proactively Manage Your Finances

The financial health of your company is one area you aren’t going to want to ignore as an entrepreneur. You need to know that you’re running a stable company and don’t want to be continuously encountering surprises when it comes to your money. Be proactive about managing your finances by setting budgets and holding regular meetings to discuss the status of your business and your profits. If your schedule is full or you need assistance, hire an accountant or financial director who can help you keep your books in order.

Take Care of Yourself

Another piece of advice if you want to become a better entrepreneur is to take better care of yourself. Running a company is hard work and will require a lot of time and energy on your part. Put your health and well-being first, and you’ll likely find you’re more productive during the day and don’t feel as tired. A few tips include:

  • Following a schedule
  • Eating healthy meals
  • Exercising regularly
  • Managing your stress
  • Getting plenty of sleep

Be diligent about putting your needs first above all else, and you’ll find you’re a lot more pleasant to be around and can reach your goals quicker. While your business is important, so is making sure you have a lot of natural energy and aren’t always getting sick.

4 Areas Your Business Should Be Focusing On This Year

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StrategyDriven Business Performance Assessment Program Article | Business Performance Improvement | 4 Areas Your Business Should Be Focusing On This YearThe reality is that if you try to take on too much at once with your business, this approach may backfire on you. It’s better to focus in on a few essential initiatives than it is to spread yourself too thin and, in turn, end up accomplishing nothing.

There are four areas in particular that your business should highly consider concentrating on this year if you want to experience more success. Take time to review the following ideas and then think about which areas you’re performing well and which ones could use more of your time and attention so that you can come up with a plan of action for moving forward.

1. Customer Satisfaction

Customer satisfaction is one area you definitely want to focus on this year if you’re going to run a better business. It’s important to collect feedback and track your customer service performance, so you know exactly how you’re doing. The happier your customers are, the more likely it is that your business will receive positive reviews online and that consumers will start talking about you with each other and spreading the word about why it’s a wise choice to do business with you.

2. Health & Safety Obligations

Additionally, commit to following health and safety protocol and running a safer business this year. You’ll avoid unwanted situations this way and be able to retain your employees because they’ll feel safe and protected coming to work each day. Properly ventilate and extract dust and waste by using products from Integrated Air Systems to help you achieve this goal. This way, you’ll reduce the risk of equipment breaking down or someone getting sick or hurt because of unsafe working conditions.

3. Employee Retention

Another area your business should be focusing on this year has to do with employee retention. The truth is that people are more willing to change jobs these days if they’re unhappy at their current employer. Keep your employees satisfied and motivated by assigning them challenging tasks and rewarding them fairly for their efforts. Be willing to gather feedback from and listen to your employees so you can create an even more attractive work environment.

4. Innovation

Your business should also be concentrating on how to innovate your products or services in the upcoming year. Going along with business as usual might be the easy answer, but it’s not what’s going to help you stay relevant or get ahead of your competitors. Hold brainstorming sessions with your employees and use your creativity to come up with new solutions that are impressive and newsworthy.

Conclusion

Achieve better results with your business this year when you’re focusing on improving in the right areas. Use these tips to help you set more specific goals about what it is you wish to accomplish and what challenges you need to overcome in the future. Start by coming up with a plan of action and then writing down specific details about how you’ll properly execute each objective.

Four Ways to Overhaul Your Company Website

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StrategyDriven Online Marketing and Website Development Article | Four Ways to Overhaul Your Company WebsiteIf your company’s been around for a while, it’s likely that your website has been, too. If that’s the case, you may well find that design trends, features and styles have moved on from the point at which you dusted off your finished site. The web design world moves fast – and consumer attention moves faster. If customers arrive on your website to the impression that you’ve not updated it for a number of years, they’ll instantly judge you for it. You’ll lose business as a result. As such, here are four ways to overhaul your website in favor of something a little more snazzy, modern and sleek.

Rebrand

While this is not necessarily a web-based overhaul, it is something you should consider if you’re in any case about to entirely change your website’s appearance. A rebrand will echo through-out your website, and as such it’s best to cover both a rebrand and a web redesign at the same time, in the same cohesive process. Get your design team on it immediately, or outsource to de-sign professionals who’ll help you achieve your vision.

Hosting Platforms

The very base – the foundation – of your website is its hosting platform. If you’re about to go through an overhaul, it’s certainly worth considering whether you ought to change hosting providers at the same time. In recent years, cloud hosting has become particularly favored in the web design world – something that you’ll not be using in your current legacy website.

Restructuring

Many companies are so used to their existing website that they fail to recognize some glaring failures in terms of its structural layout. Even if there are no failures per se, the gold standard for webpage and site map layout is always changing, which means your website is almost certainly behind the curve, confusing web users and alienating potential custom. When you overhaul your website, be sure to restructure it in such a way as to smooth all click-throughs and open up pathways for your traffic to pass easily through.

Redesigning

Now it comes to the more visual side of your site’s revamp. Here, you’ll want to go with some of the most exciting design trends to be taking place in 2019. Mini-animations, activated by the scroll function, have become something of a dominant trend for websites in the past year, and continue to dominate the ecosystem for businesses aiming to look ultra-modern and super-slick. Engage with these trends visually in order to bask in the admiration of your site’s visitors.

A Word of Warning

While website overhauls are incredibly important in order to keep your business modern and functional online, you shouldn’t erase your old web pages until you’re sure that your new and revamped website is entirely bug-free. A second word of warning: be sure to bear in mind that repeat customers may be shocked by a very different website appearing when they go to visit yours. Take steps to reassure these customers, and to keep some consistency with the old de-sign.

These four tips – and brief words of warning – should help you conduct a thorough overhaul of your company’s website, updating your appearance and functionality for the trends that are dominating 2019.

Five Networking Tips for Entrepreneurs

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Networking is one of the lesser appreciated talents that the world’s most successful entrepreneurs have mastered. It is not an easy skill, either. Knowing how to network is a fine line between making friends and actively seeking out business partnerships. You cannot become best friends with everyone you meet, after all, but you do need to make a good enough connection to trade favors with each other. Reaching that stage can be incredibly difficult because if you aren’t careful people will only see your efforts as wanting of something. To properly master the art that is networking, try adopting these top five tips.

Skip the Sales Speech

If you go into any new relationship with a goal to sell products or gain a favor, you will most likely fail. Only a very few people have mastered their charm to the point where people will be willing to help out or buy something new from the get-go, especially if they weren’t expecting you. So, skip the sales speech and instead start a conversation. It is far easier to connect with someone in an organic conversation than it is if you give them an elevator pitch.

Help First, Ask Later

One of the easiest tips to follow and arguably one of the best is to find out what you can do for someone else. Be proactive about networking. This way will help you make connections, diversify your portfolio and skills, and of course give you an acquaintance you can later ask for help. You don’t need to be best friends with people, but you do need to foster mutually beneficial relationships.

Take Notes and Keep Track

Try as best you can to keep track of information about the person in question. Keeping notes in your contacts app can help you stay in touch and give the personal touch all at the same time. Try to keep track of both corporate information (their job position, who they work for, etc.) as well as personal information (if they have allergies, for example). People respond when they feel like you care.

Collaborate

Another way to network is to collaborate. This way you can put effort into fostering one relationship, and then meet others in that niche or industry in a far more organic way – being introduced. As a bonus, you will also be working in a new field or project on the side that can further your career and show your ambition.

Host Your Own Event

Finally, consider hosting your own event. If you are a consultant or own business, for example, you can organize an event, create a great atmosphere, offer free drinks served by professional bartenders from services such as eventbartenders.com, and get key people from your industry to attend. Then, as the host, you can get to know each and every one of them with a position of authority. They will be interested in knowing you because you took the initiative to create a great event everyone in your industry will be talking about. In turn, you can make new business relationships and connections.

Networking is a never-ending task, but it should never be seen as a chore. Instead, connect with people. Try to gain insight from them, help them, collaborate, and even host them. By doing this you not only network with people, but you set yourself up as a huge name in your industry.