PerformLaw

Law Firm Best Practices Blog

Law Firm Capitalization

on Feb 12, 2019 9:34:04 AM
  Capitalizing a law firm is typically accomplished in the following ways Paid in Capital; Withheld and Undistributed Earnings; Debt; Trade Credit
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Maintaining a Competitive Law Firm

on Jan 17, 2019 9:03:00 AM
    We have seen countless examples of firms who believe they can operate independently of the market. Maybe some can, but mostly, once a firm loses its edge, it is nearly impossible to get it back. Firm’s who lose their ability to compete often stru...
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How Relationship Building Activities Fit Into a Law Firm's Marketing Mix

on Dec 7, 2018 3:02:31 PM
  In this final post discussing the various elements that make up a law firm’s marketing mix, we discuss the following marketing channels: - Organizational Membership - Event Attendance
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Combat the Decline of Your Firm with Strategic Recruiting

on Dec 6, 2018 5:58:47 PM
To avoid a phase of decline, law firms must continually work on attracting and retaining new talent.  A well-communicated recruiting plan with monetary incentives for those who actively recruit has the potential to transform a firm immediately.  
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Extending the Life of Your Law Firm Through Attorney Development

on Dec 3, 2018 11:25:36 AM
Law firms are more likely to identify their future leaders when they initiate a training process early in a lawyer’s career. Focusing on attorney development from the start also gives law firms a competitive advantage in attracting and retaining the ...
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More Channels to Consider for a Law Firm's Marketing Mix

on Nov 9, 2018 3:59:30 PM
  Having discussed what a marketing mix is and why it is important for each law firm to develop their own mix, we continue to discuss the various elements involved in building a firm's brand equity. This post will discuss the purpose of and details i...
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