Integrated Start-Up Support and Ongoing Virtual CFO Partnership from Day One
Launching your law firm is driven by vision, ambition, and the desire for greater control over your future. It's an exciting prospect. However, the path from decision to Day One involves navigating a complex maze of critical business, financial, and operational tasks that demand significant time and specialized expertise – expertise often outside your core legal skills.
Consider the potential pitfalls of tackling this alone while still managing your practice and maintaining confidentiality:
Trying to manage the entire launch process yourself, or with limited internal resources, doesn't just add stress; it introduces significant risks that can jeopardize the success and autonomy you seek. Your vision for a new firm deserves a launch process that is strategic, efficient, and minimizes costly errors.
Working under strict confidentiality, we collaborate with you to build the essential strategic and financial groundwork. This includes creating detailed financial projections and a robust start-up budget, developing a compelling business plan narrative, analyzing profitability drivers, and assisting you in securing the necessary bank financing or partner capital to launch successfully.
With the financial strategy set, we provide expert guidance and project management support to establish your core operations. This phase can flexibly include advising on entity selection, guiding the choice and implementation of critical technology (practice management, billing, accounting software), assisting with office setup logistics, coordinating insurance and employee benefits programs, and supporting the recruitment of key initial administrative staff. We handle the complexities so you can focus elsewhere.
As you prepare to open your doors, we ensure operational readiness through final checklists and process implementation support. Critically, our support doesn’t end at launch. We seamlessly establish and provide ongoing Virtual CFO services from Day One, implementing the essential financial reporting, analysis, planning, and strategic guidance your new firm needs for immediate stability and sustainable growth.
Your Experienced Partner for a Confidential & Successful Law Firm Launch
Taking the leap to launch your own law firm is a powerful move towards autonomy and building your unique vision. We understand the mix of excitement and intense pressure that comes with it. You're focused on shaping your practice and lining up clients, yet simultaneously face a mountain of critical business setup tasks – often while still managing obligations at your current firm and requiring absolute confidentiality. You need to build financial models, secure funding, choose technology, and set up operations. The list seems endless, and it pulls you away from what you do best: practicing law. We recognize that you need more than just advice; you need a trusted partner to handle the operational heavy lifting during this crucial, time-sensitive period.
That's precisely the role PerformLaw fills. Since 2003, we have confidentially guided dozens of entrepreneurial lawyers and practice groups through every critical step of launching their own successful small and mid-sized law firms. Our exclusive focus on the legal industry for over two decades gives us a deep understanding of the specific financial, operational, and technological requirements for a smooth start. When you partner with PerformLaw for your launch, you gain:
Let PerformLaw manage the business of starting your business. Rely on our experience, confidentiality, and structured approach for a successful launch that allows you to focus on your clients and practice, setting the stage for immediate stability and lasting success with a trusted financial partner by your side.
Initial Consultation (No Cost): We explore your firm's challenges and objectives to understand your specific needs.
Proposal & Agreement: You receive and approve our detailed proposal outlining the precise scope of services and a transparent fixed fee.
Engagement Launch: After initial payment is received, we schedule the engagement and start work
Focus on Your Practice, Not Start-Up Chaos: Let Us Handle Your Launch
Launching your own law firm is an incredible opportunity, but it demands navigating a complex array of business setup tasks alongside your ongoing legal work and client commitments, all while maintaining strict confidentiality. You've seen how PerformLaw provides a structured, confidential path through this process.
Perhaps you're thinking you can juggle it all yourself. But consider the risks:
Your vision deserves more than a launch hampered by operational distractions or preventable errors.
PerformLaw acts as your dedicated, confidential launch team. Our proven 3-Step process and deep experience with law firm start-ups mean we handle the business complexities efficiently and correctly. We manage the financial modeling, systems implementation, and operational logistics, freeing you to focus entirely on your clients and practicing law. Furthermore, we ensure this smooth launch transitions seamlessly into the ongoing strategic financial guidance (Virtual CFO) needed for immediate stability and sustained growth.
Don't let starting a business derail your dream. Partner with experts who understand law firm launches inside and out.
Ready for a focused, professionally managed, and confidential firm launch? Schedule your initial consultation with PerformLaw today and let's build your future, together.
"PerformLaw is adept at analyzing potential obstacles to a law firm's success and creating ways to overcome them. Brian’s experience and overall knowledge of law firm management are invaluable to any firm wanting continued growth and success."
"Brian and Sean gave me a crash course in firm building and helped me to reframe my thought process and plan my expansion in a more precise manner. I would highly recommend them for firm mergers and lateral hiring."
"Brian helped our law firm determine our profitability model and made suggestions to help us increase our business growth with ideas that we can implement right away. We thoroughly enjoyed working with him through the process. His expertise in these fields is excellent."
"Our firm has worked with PerformLaw for over 5 years to assist with management issues ranging from staffing, marketing, billable rates and billing models, profitability, and compensation plans just to name a few. Brian’s insight, creative solutions, and management partnership have been invaluable to our firm"
"I recommend Brian's skills in assessing the valuation, structure, and ongoing profitability of law firms. He has the ability to understand complex information and provide quick concise analysis, as necessary."
"PerformLaw helped us to grow and transition from a first-generation law firm in providing their expertise in business strategy, compensation plans, and law firm management. Any firm- especially small to mid-size firms - can benefit from working with Brian and PerformLaw."
"PerformLaw has helped our 15 person law firm to become more efficient and focused. With their help, we can get back to what we do best…practicing law and serving our clients."
PerformLaw offers more than concepts and ideas for improving performance. Our dedicated team provides rich law firm management content to help lawyers and law firm managers make better decisions. Check out our blog and free resources.
Law firm partners and managers need help making management decisions quickly, and they need insightful analysis and business advice. Many suffer from limited access to experienced law firm managers. Their time is short, and without help, decisions are made ad hoc and rely too heavily on instinct. At times they consider outside consultants, but the available options are costly and complicated. PerformLaw developed management support agreements and expertly delivered consulting services to overcome these challenges and provide high-quality business advice to law firms when they need it.
935 Gravier Street, Suite 2130
C/O Whiteside and Simms, CPA
New Orleans, LA 70113
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