Webcast looks at how to start a successful small firm

American Law Institute Continuing Legal Education will present the webcast “How to Start (and Run!) A Successful Small Firm” on Monday, December 16, from noon to 1 p.m.

Deciding to leave a current job to hang one’s own shingle is arguably one of the most impactful career decisions attorneys will ever make. How do lawyers know if it’s the right move? And, if attorneys do decide to take the leap, how can they ensure a smooth transition and a solid foundation for long-term success? This course will examine the critical steps of successfully building and managing a thriving small firm.

In this one-hour program, the founder of a thriving small firm as well as a successful solo practitioner will explore:

• Making the Decision: Gain insights into the crucial considerations and strategic thinking required to leave your current job and embark on the journey of starting your own firm.

• Business Planning: Learn whether to hire a professional consultant, how to create a robust business plan that sets clear goals, outlines your firm’s vision, and defines the path to achieving sustainable growth.

• Financial Planning: Understand the essentials of financial management, from budgeting and cash flow to securing funding and managing expenses.

• Marketing Strategies: Develop an effective marketing plan to attract and retain clients, build your brand, and stand out in a competitive legal market.

• Team Building: Explore whether a partner, a professional consultant, or an office manager is the right choice at the right time.

• Hiring Challenges: Navigate the complexities of hiring: growing at a financially comfortable pace, identifying the right talent, and building a cohesive team that aligns with your firm’s values and goals.

Questions will be submitted live to the faculty and all registrants will receive downloadable course materials to accompany the program.

Cost for the webcast is $199.  To register, visit www.ali-cle.org.