Future Perfect: Staged Business Planning for Law Firms

This is probably wishful thinking, but wouldn’t it be nice if every solo practitioner and small law firm had a business plan? I mean, mostly nice for them. Probably not for their competitors ... or for me. I’ve become somewhat ambivalent on the subject, as the sands have run through the hourglass. You see, I always tell our clients at LOMAP to create business plans. Almost universally, they never do. But if they did, I’d have to review them. Double. Edged. Sword. Nonetheless, yes, it is a good idea to create and follow a business plan. The question is, how far in advance can you plan before you start to lose effectiveness? I’m so glad you asked. ... READ THE REST

Originally published March 5, 2015
Last updated February 5, 2020
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