Law Practice
Jul. 25, 2024
The strategic imperative: Why lawyers and law firms must create and update business plans
A business plan provides a comprehensive framework for financial management, market analysis, competitive positioning, and risk management. By regularly updating the plan, firms can ensure their strategies remain relevant and effective, fostering long-term success and sustainability.
George Brandon
President
Email: george@legalxcellence.com
George Brandon is president of LegalXcellence.com. He is a seasoned management, business development, marketing and IT professional with over 30 years of experience in the legal services industry, as well as an experienced business development attorney coach and marketing director with a proven track record of helping lawyers achieve their business development goals.
The strategic imperative: Why lawyers and law firms must create and update business plans
Greetings, and welcome back to another monthly edition of “The Source.” In our ongoing journey through the intricacies of attorney business development, we’ve explored various elements that contribute to a thriving law practice. This is the twelfth column in the series. We started crafting your legal identity in August 2023...
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