Wegman Partners knows from working with their vast client base that every law firm is looking to increase their amount of success and every lawyer is looking to join a firm built for sustained success. This can make one wonder what the criteria is of a successful and dynamic law firm. Today, Wegman Partners will begin breaking down the most important characteristics of a thriving law firm.
It is not a surprise to say the best law firms have driven lawyers who are committed to the success of their clients. However, when a firm is made up of single practices under one roof that do not actually interact, it can lead to in-fighting and unhealthy competition. Successful firms look to highlight their ability in a specialized area. It’s a lot tougher to compete as a general practice. Switching from a full-service mentality to a singular focus will also make marketing the firm that much easier.
A commitment to evolving is important for a law firm. Not only is it not okay to rest on the fact that the last case was successful, it is not advisable to allow technology at the firm to grow outdated. The best way to tract a firm’s commitment to evolving is to survey employees within the organization anonymously. Employees can provide feedback on the types of technological advancements that will help them do their jobs most effectively. Not only is internal feedback great, but it’s a great idea to get feedback from clients. There’s no greater marketing than word-of-mouth referrals. Every successful firm is committed to the happiness of their client base. Even in a losing effort, how a client is treated will speak volumes in how they talk about the firm they acquired.
There’s an old saying that ‘iron sharpens iron.’ It is certainly true that being around great lawyers can make a lawyer better at their job. It’s also true that this idea only works if every lawyer within a firm is a team player. People need to be willing to share their ideas and remain committed to the success of every member of the law firm. Wegman Partners sees that most employees who are loyal to a firm are more willing to buy-in to a team mentality. Loyalty within a firm is earned through trust, respect and transparency from ownership. Getting lawyers to buy in to a vision is possible when they feel like they are part of said vision.