Law Practice Business Plan

Law Practice Business Plan-12
For some practices, such as providing services to other law firms, it may mean an entirely virtual practice where no formal office or meeting rooms are required.However, if it's necessary to have face to face meetings with clients, then a semi-virtual practice may be more appropriate.

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Begin with a Plan Starting a virtual law firm is in many ways just like starting a brick and mortar firm. A comprehensive business plan is a good place to start.

There are lots of sample plans available on the internet and in business books.

But before you take the bold step into the cyber world, there are some important considerations to weigh. Contrary to what you might think there's no single business model that applies to virtual law firms.

There are variations that depend on the services provided and the type of practice involved.

Many law firms that struggle with how to make AFAs profitable likely have not taken a grassroots approach to how they handle matters.

They want to continue to offer the same services to the same clients, just with a fixed price tag.At a minimum, you will need a cell phone, a laptop and an internet connection, but that's only the start. Webpage There are low cost services available to obtain a domain name and have someone design your webpage.You can be cost conscious, but don't skimp on your webpage.Using a laptop means you can take your office wherever you go.You will also need printing and scanning capabilities.While you might not need a full office and all of the office supplies, there will still be items that you will need.Beyond a desk and a chair, your computer and cell phone will be your office.The basics of any business plan include: Making Your Practice Virtual Since your proposed clients will find you by searching the web for a particular kind of attorney, you will need to specialize. Your niche market will dictate the structure for your virtual firm, everything from the look of your webpage to the services you offer.Once you have a plan and your niche market, you can start your virtual firm.Check with your state bar association to see what rules apply to you.Legal Practice Management Software There are companies that provide a complete legal practice management package, but it's also possible to get separate pieces from different vendors.

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