Are you ready? APPLY NOW


Why You Need This Plan For MASSIVE Growth

               Failing to plan is planning to fail. – Benjamin Franklin

If your goal is to achieve MASSIVE growth in your law firm, then you cannot afford to wing it.

You cannot afford to guess your way through it. You need a detailed roadmap that provides step-by-step guidance on how to structure, run, and grow your business.

A business plan is a simple written document that details your business concept and strategy for growth.

Simple, and yet so few law firm owners ever take the time to write one!

That’s usually because law firm owners see themselves as a practice, not a business. And this is a dangerous rookie mistake!  

Having a written, well thought-out, and organized business plan significantly increases your odds of achieving success.

Would you take the time to pack up your family and start out on a road trip without knowing where you wanted to go?

Of course not!

There’s a multitude of problems with this, right? If you don’t know where you are going then you can’t create a plan of action to get there. You will have no idea how long the trip is going to take, how much gas you are going to need, how much money you should bring, how much luggage you are going to need to pack or where you should stop for rest.

Why would you set yourself up for that kind of failure, disappointment, and stress?

That’s the same successful mindset you should have when it comes to creating a business plan for the purpose of ensuring success in your law firm.

Give yourself the best possible start for massive growth by establishing and implementing a written business plan. 

Here are the top 10 reasons your law firm needs a business plan:

  1. A written business plan allows you to sit down and form a clear picture of where your business is right now and what kind of shape it’s in.
  2. It allows you to set future goals and create a plan to achieve them.
  3. It provides the accountability you need to get things DONE.
  4. It takes the guesswork out of the optimal marketing plan for your law firm as it should map out how many leads you need to make the money you want to make.
  5. It allows you to get control of your numbers so you know exactly where money is coming in and where it’s going out.
  6. A business plan gives you the comfort of knowing how it’s all going to work out, instead of just “hoping” it does.
  7. It allows you to be confident that you will actually reach your goals because every time you hit up against a wall, you will be able to refer to that plan to get back on track.
  8. It helps you be able to run a business effectively instead of JUST practicing law and shows you how to build a 12 month forward looking budget and profit and loss reports.
  9. It will help you serve your clients better.
  10. It will house the policies and procedures that help your firm run like a well-oiled machine!

Some lawyers tend to have the mentality that they don’t NEED to have a business plan, because that’s “business stuff”. They think that any time spent doing “business stuff” is time taken away from their clients, so they continue to work more and more, harder, and harder.

Don’t make this mistake.

The fact is that a written business plan allows you to spend your time on the things that matter most, so that you can actually free up MORE time for your clients.

THAT’S the big disconnect that most lawyers have. They don’t realize that running a multi-million-dollar law firm is actually LESS work than running a $250k law firm, not more!

The ones that get that are the ones that have a written business plan, and they are also the ones who are most successful and spending the most time with their families.

The Real Way to Quantum Leap Your Law Firm’s Growth

So here’s the thing- Quantum leaps are massively misunderstood.

Most people think that a quantum leap is an INSTANT leap from one place to another or an INSTANT transition from one form or state of being to another.

However, a study done at Yale University recently showed that quantum leaps are NOT instantaneous.

Using a high-speed monitoring system, they found that the “leap” was actually a gradual process.

To be clear, that’s not to say that quantum leaps aren’t possible, merely that they aren’t instantaneous.

Last week at our Members Only Live Quarterly Meeting in Nashville, several law firm owners shared that they had experienced more than 75% growth in less than a year. Others had just made more in a single month than they had the entire previous year. Now just by sheer volume, that looks like a quantum leap, but they would all tell you that there was nothing instantaneous about it.

They got there because they committed to cultivating a growth mindset. They committed to making profitable decisions and implementing the systems we suggested. In doing so, the right conditions were set for what became rapid, consistent growth.

So what does any of this mean for your law firm and why should you care?

Well, for starters, you should care because you have goals, because you want to grow your revenue and because HOW you do so will determine if your journey feels like a leap or a slow trudge up a steep and dangerous hill.

You see, your GOAL shouldn’t really be to make a quantum leap. The leap is the result of a gradual process. A series of decisions that support the desired outcome.

What you need to do now to experience what feels like a quantum leap over the next year is to optimize the conditions that produce that result you want.

Let us explain.

Let’s say you want to grow a garden, but your backyard is concrete. No matter how badly you want it, no matter how meticulously you plan for it, no matter how many hours you put into designing it, you are NEVER going to grow that garden in concrete.

The conditions do not support the desired outcome.

It’s no different in your law firm. If you want to double your revenue, but the conditions don’t exist to support that kind of leap, it’s not going to happen.

What it takes to make an additional $100k or $200k or more is a series of decisions over time that create the environment that your new level of revenue REQUIRES.

Here are some things you can do THIS QUARTER to set the stage for your own quantum leap.

  1. Decide how much money you want to make
  2. Get help determining exactly how many hours you need to work and how many new clients you need to take on to make that number happen.
  3. Take an honest look at what’s not working well right now
  4. Learn how to systemize your lead generation so that new prospects are coming in WITHOUT you having to chase them down or hunt for them. (We teach this in the 7-Figure Foundation Bootcamp coming up in September.)
  5. Decide what KEY staff members you need to hire to increase productivity
  6. Decide if any team members need to be let go
  7. Put policies and procedures in writing that limit the amount of time you spend troubleshooting or explaining things to staff and clients.
  8. Systemize your intake process
  9. Stay hyper vigilant about looking at your numbers so that you can eliminate what’s COSTING you too much money and do MORE of what’s MAKING you money
  10. Cultivate the mindset of someone who frequently experiences rapid growth. Remember the fastest way to get there is to BE there. But before you can get there on paper, you’ve got to BE there in your head.

Bottom line?

Quantum law firm leaps are a product of profitable decisions made over time that result in a seemingly rapid transition from one stage of revenue to the next.

We can help you plan out your own Quantum Leap. Schedule your free consultation at 

[av_sidebar widget_area=’Blog CTA Footer’ av_uid=’av-qlknv5′]