It’s not too late to improve your bottom line in 2020.
Ivan Constantinovich Aivazovsky, Rescue at Sea (1872)
Approximately 60% the world's law firms will begin a new fiscal year on 1 January 2021. Many others will enter the final quarter or trimester of their old fiscal year. Even after your new fiscal year begins, and the ink is dry on your business plan for next year, there is a lot that you can do to get better business results this year, whenever it ends for your firm...
...and even while battling the effects of the COVID-19 pandemic.
The Walker Clark Strategic Profitability Diagnostic blends a disciplined, well-informed approach to law firm strategy with the most reliable measurements of strategic success: the sustainable profitability of your firm, all of your practice groups, and each of your partners. We also investigate the most probable economic, political, and legal scenarios that your firm could face in the next five to ten years, and identify systems and methods in your firm that will enable you to spot the challenges sooner and respond more effectively, even as some of your competitors are completely unaware of the changes and the risks that they pose.
Small and midsize firms have special profitability challenges, particularly during uncertain economic times like 2020 (and, we fear, through at least the first two quarters of 2021). These can have a much more serious impact than on larger firms. To meet the special profitability dynamics of smaller law firms, we custom-tailor each Strategic Profitability Diagnostic to meet the specific structures, practice specialties, client base, market conditions, and economics of each firm.
As with all Walker Clark projects, our services are offered for a "no surprises" fixed fee that includes our expenses. They also include, a no additional cost, 90 days of ongoing support as you implement our recommendations.
Best of all, you can begin to produce positive and sustainable results, as well as a solid return on investment, within as little as 60 to 90 days.
So why wait? For more information, as well as to schedule a complimentary confidential 30-minute initial discussion, send us a secure e-mail by clicking on the contact button on the top or bottom of this page.