Businesswoman stops a chain fall like domino game. Concept of preventing law firm profitability failure..

Law Firm Profitability: 4 Symptoms of Slow Failure and How to Fix Them Today

There are reasons most law practices fail, even those that appear to be successful for the lawyers that own them. It’s not bankruptcy. It’s not the sudden loss of a partner or leader. Nor is it fraud or wrongdoing. It doesn’t even look like a regular business failure. Failure, defined simply, is not accomplishing an …

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A lawyer with a briefcase stands at the crossroads of two paths as she considers quitting law.

Quitting Law? Ask Yourself These Three Questions First!

Thinking of quitting law? There are 3 critical questions you’ll want to ask yourself first… Working as a lawyer, whether for yourself or for someone else’s practice, you undoubtedly know the pros and cons of life as a lawyer. The high compensation comes with long hours, repetitive tasks, and little free time. While you may …

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Small law office team taking group pic after having learned how to manage a small law firm.

How to Manage a Small Law Firm Better With Outsourcing, Technology, and Systems

Becoming more efficient with your time and boosting productivity will not only benefit your bottom line but can have positive effects on how much you love your life and law practice. A fantastic place to start looking at how you can become more productive lies within the activities of managing a small firm that take …

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Build Your Virtual Law Firm - NLBM

How to Build Your Virtual Law Firm as Solid as a Brick and Mortar

In the wake of COVID-19, our way of doing business has changed dramatically. We’ve been asked many times whether a lawyer can be as successful with a virtual law firm as they would be in person, especially in our current global circumstances. Can You Build a Virtual Law Firm as Successfully as a Brick and …

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6 steps to develop a solo law firm business plan

How to Design a Solo Law Firm Business Plan that Works for Your Life

You’ve invested a great deal of your time and resources into your education and building your law practice, but are you reaping the rewards that are possible due to all of your hard work? If you are like most lawyers, probably not. But with the right solo law firm business plan, you’ll be able to …

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