Why and When Does a Business Require Legal Services?
Attorneys at small- to mid-sized law firms know there is usually more work than time on most days. That’s just how it is when you are staffed to provide legal services, but not necessarily marketing, office administration, accounting, or any of the other responsibilities that larger law firms can delegate to dedicated personnel. This is more than just an inconvenient fact of life. It’s a potentially fatal flaw, because administrative duties pull attorneys away from profitable work, thus dragging down a firm’s efficiency and putting its overall viability at risk. Efficiency” can be defined as the time it takes to complete a given task. In a law firm context, it pertains to the time and effort needed to carry a matter from intake to paid invoice. Obviously, the more efficient this process, the better a firm’s bottom line. And yet, an overwhelming majority of firms have ignored streamlining this area of their operations. While starting a new business, you might come across many diff...