Evaluate Your Law Practice
What’s the status of your law practice? Completing the following Law Practice exercise will give you an idea of what’s working and what’s not working in your practice. When you know that you can take steps to create the practice you want.
Law Practice Evaluation Exercise:
On a scale from 1 to 10 with 10 being your highest level of satisfaction rank your level of satisfaction with the following practice areas. If the areas are not representative of your practice change them to suit your practice.
Quality of Work/Workload ______
Work Environment/Equipment/Systems _______
Money/Receivables/Billable hours _________
Practice Development/Marketing _______
Legal Knowledge/Skills _______
Staff support/Delegation ______
Once you’ve judged your satisfaction level with each of the areas notice which areas you are highly satisfied with and which you are not. Then for each area, especially the lowest ranking areas, decide how to increase your satisfaction. What will it take to move you from a 5 to a 7? This will help you plan how to increase your satisfaction with each area that requires improvement.
Here are some further thoughts to consider about what the practice areas mean:
- What does money mean to you? Salary, draw, or income?
- What does “delegation” mean to you? Do you “give away” everything that you should?
- How could your legal skills be getting in the way of building the law practice you want?
- What does “practice development” mean to you? Marketing? Relationship building?
- What does “clients” mean to you? Do you like your clients? Do you have enough clients? Would you like to fire some?
Evaluate your law practice. Then think about the steps you want to take to have a great law practice .
You can use the different areas to help you develop your business plan.
If you would like coaching on this area of your law practice, please consider contacting me to see how I can assist you.