Client Results: How we helped Law Firms get back to growth
Real results from real businesses
Law Firm Client Journey 1
Who:
Mid-sized, multi-office, full-service law firm with a struggling family department
The Challenge:
The family team had missed targets for several years and was under pressure from the partners
A highly capable team with no idea how to hit the revenue targets set for them
Low commercial awareness, and no insight into profitability or use of time
Widespread frustration and a loss of confidence
What we did:
Built a full departmental plan covering target clients, referrals, new client sourcing, pricing and team structure
Trained fee earners in positioning, networking and running a profitable file
Refocused how the team used its time, including non-billable time
Worked with the firm's marketing manager on a marketing strategy that worked
The outcome:
A transformation in the team's clarity and confidence
Networking far more focused and effective
Fee earner billing doubled over 15 months
Law Firm Client Journey 2
Who:
Mid-sized, single-office, full-service law firm
The Challenge:
A warm, friendly team, but partners under huge pressure as profits fell
No agreed strategy or direction for the firm
Some departments shining, others effectively loss making
Limited management skills and little accountability
Poor systems and weak financial management
People issues eating up partner time
What we did:
Agreed a clear direction with a one-year vision and plan
Built commercial confidence in heads of department through training and coaching
Created departmental growth plans and real accountability for delivery
Sharpened firm-wide focus on time, billable hours and recovery rates
Introduced a new IT provider, part-time HR manager and part-time finance director
The outcome:
Significant increase in firm profitability
Partners took their first pay rise in several years
A more dynamic, commercial firm that kept its warm family feel
Partners now lead the team and client relationships, with the rest handled calmly and professionally