The New Law Firm Business Model Explained By A Lawyer Marketing Consultant
04/13/2013 // West Palm Beach, FL, USA // Rene Perras…… Le Buzz // Rene Perras // (press release)
The profession of practicing law carries a lot of responsibilities for the new lawyer and in a lot of respects it may be easier for newbies to adapt and compete after having recently passed the Bar. On the other hand it can be very difficult for even the most seasoned lawyers running their individual law firms to adapt to the constantly evolving landscape; it has for the most part morphed without these long term practicing lawyers being aware of it.
Whether you are just beginning or you have been practicing for awhile you must adapt or run the risk of become extinct. Without a well thought out law firm business plan that incorporates law firm marketing and lawyer advertising as well as the necessary funding, you run the risk of becoming another statistic.
The added responsibility of professional ethics as well as the near impossibility of lawyers sharing in the business of managing a law firm with non-lawyers can severely diminish the probability of a law firm becoming a successful business venture.
Did you know that a lawyer as an officer of the court could have his license suspended for lying or for omitting the truth, whether he does so as a practicing lawyer or while conducting any type of business enterprise? That is the profession of the law.
Did you know that in most states a law firm has to be solely owned by attorneys and that they cannot share profits with non-lawyers? Lawyers, on the other hand, can be in business with non-lawyers for any type of business venture other than the business of running a law firm.
In order to earn a living representing clients and providing legal advice lawyers must have the right business model in place. If you have decided that the law is for you, then you must seek the advice of a law firm management business specialist as well as a law firm marketing consultant. Together these two disciplines will be able to help you determine what is the necessary amount of funding required and how to acquire it to launch your new law practice or reinvigorate your current one.
For more information about lawyer marketing and how you can grow your practice call Rene Perras at 720-ONE-RENE or visit www.cepac.com.
About the author:
For over 20 years, lawyer marketing specialist Rene Perras has worked with law firms of all legal practices to create successful attorney Internet marketing campaigns. For a free consultation and more information about lawyer marketing, please contact Rene Perras at 720-ONE-RENE or visit Cepac.com.
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