Category Archives: Legal practice

Alternative ways to manage a legal firm

Managing a law firm can be quite challenging especially when you don’t have help from experts in varied fields. Finding alternative ways of managing your law firms frees up time so that you can focus on core responsibilities. Aside from helping clients and the community, a law firm has sound management and administrative tasks that need to be addressed. Consider outsourcing legal marketing services from experts who will understand your vision and work with you to achieve it.

The importance of marketing and PR for a legal firm

Legal advertising is an integral part of running a law firm since it is a business that requires strategy and planning for it to thrive. Hiring professionals who understand the intricacies of legal ethics and your target audience ensures you move forward as one force. Choose a company that will serve your strategic and planning communications needs.

• Focus on your core business – practising law

As a small regional law firm, you need all hands on deck to ensure you achieve the goals you set for your business. A well-reputed service provider understands the industry and what needs to be done for your firm to stay ahead of your competitors. In running a law firm, remembering you are a lawyer firsts ensures you delegate the repetitive, mundane day to day activities so you can focus on practising law.

• Using a dedicated PR and marketing firm handle your day to day tasks

Dealing with your companies PR and promotion responsibilities can be quite time-consuming especially if you are not an expert in this field. The development of measurable promotion campaigns that you can integrate into your promotion plan is only possible when you get assistance from experts. Communicating mergers and acquisitions as you take strides towards expanding your law firm are made seamless and reasonable when you are working side to side with a professional legal marketing service provider.

• Implementing a strategic plan

You can use a strategic plan to influence the court of public opinion even as a small firm. Creation and execution of public relations plans need knowledge and skillsets that only an expert can have. With the right PR and promotion strategies, you can position yourself as a leader in a crowded marketplace. It would help if you had a company that advocates on your behalf to influence:

  • Leaders’ opinion
  • Media
  • Government officials
  • Civil leaders
  • Competitors and peers

In expert PR and promoting company will target decision-makers in the industry to ensure there is a referral relationship built for your firm’s benefit. When you garner qualified association membership, you can have a voice as a law firm in a crowded marketplace. PR helps you minimise the damage that arises from negative media coverage and other sources. With a strong PR and promotion plan in place, you are in a position to defend your firm’s hard-earned reputation. You can proactively safeguard your firm’s interests through media policies, crisis communication plans, as well as, social media policies.

Outsourcing support services

As a law firm, you need to spend time on money generating activities and leave the management tasks to professionals. Outsourcing PR and marketing services makes sense from a financial perspective as it is quite time-consuming. Trying to dabble lawyer responsibilities and marketing activities can hinder you from achieving success as a law firm. Aside from adapting time-saving routines, you need to outsource PR and marketing services to ensure you have control over your firm. Companies like Excello Libertas can help your business grow to include:

  • SEO specialists
  • Content marketing experts
  • Developers
  • Graphic designers
  • Brand consultants
  • Automation specialists

The value of outsourcing support services considering the unprecedented change in the legal profession cannot be underestimated.

Niche in-depth expertise and experience ensures that online lead generation activities give you the anticipated results. Experts with vast knowledge about how the legal industry works ensure excellent execution of your digital promotion campaigns. Speed and efficiency ensure that you are always steps ahead of your competitors. Recruiting an able team to offer PR and marketing services ensures that your law firm gets to where you want it to be.

Don’t forget to purchase professional indemnity insurance as a legal firm as this can save you from paying huge sums of money. Aside from legal digital marketing, PI insurance saves you money in cases where your firm has allegedly provided inadequate advice. As a law firm, you can easily fail due to professional negligence claims. Professional indemnity insurance protects the firm from bearing the full cost of these claims.

Conclusion

Having a disciplined PR and promotion strategy in place as a small law firm ensures you achieve success and grow as a business. Consider outsourcing support services so that you can focus on the core responsibilities. Hiring experts ensure you get anticipated results from PR and promotion strategies.

 

The importance of internal audits for lawyers

Internal audits are incredibly important for any business that provides efficient, compliant and secure services to its clients. These are three things (amongst many others) that every legal firm and individual lawyer must offer, which is why internal audits cannot be ignored by any lawyer in the UK.

As RSM reports, nearly 80% of jurisdictions worldwide have adopted the International Standards for Auditing (ISAs), showing recognition for a consistent auditing framework among many businesses. For lawyers, with the increased scrutiny auditing faces, this global uniformity allows internal audits to become more efficient, which is advantageous considering the importance they have.

Financial transparency

A lot of the times that law practice auditors arrive at a legal office or are asked to audit a lawyer, is when there has been a complaint made. This could either be from a fellow professional, client or someone else. However, the majority of times it is related to instances (or supposed instances) of financial mismanagement, fraud and when clients believe they have been overcharged.

Internal audits conducted before any such claims arise can help to provide financial transparency and hopefully prevent these issues occurring. Of course, an external audit will be more trusted by many current and potential clients but an internal one can be arranged a lot quicker, for cheaper and still offer an objective insight. This is easier for larger legal firms where it’s easier to find internal auditors who have no operational responsibility.

Identify and resolve weaknesses

An internal audit for your law firm should be undertaken on a regular basis to pick out any potential weaknesses or areas that are not meeting the required standards. Objective reviewing of your working practices, policies and procedures can help to highlight areas that require work. These can include anything from general risk prevention to making sure that you and others in your team or legal firm are meeting compliance requirements at all times.

Without an internal audit for a while a lot of risks and weaknesses could easily pass you by and make future problems worse. By identifying them internally as well, it allows you to resolve them before this happens and any current or future clients hear about such problems, potentially turning them away from using your legal expertise. This will help to maintain your reputation

Internal audits can help highlight and address issues such as billing fraud, inefficiencies, poor case management and more. These can all increase the legal fees you or your firm charge in the long run, causing real losses, which is why regular internal audits are essential in the legal business.