Universally, attorneys have a challenge judging how long projects will take. We underestimate nearly all of the time and don’t get as much done as we would like. Does that sound familiar to you? If so, I totally get it.

We all want to fit more in our day, typically with less than successful results which leads to frustration and guilt. Ugh.

The damage to your psyche, confidence, and wellbeing is real when you try to squish in too much client or CEO work into your day. I know you know! So, what do you do? Read on….

This article will improve your odds of hiring the right person at the right time for the right seat – and developing them into a rock star team member. Smart hiring will reduce: ibuprofen purchases, “why me” crying episodes, the rapid outflow of cash better spent on pepperoni rolls in Pittsburgh’s Strip or the Reading Terminal, and wasted time that could be spent watching the 1978 Steeler season with your bubble mates.

Allow yourself a little grace for past mistakes and let’s map out the steps to make good things happen from here on out.

Fear steps in and your future seizes. The only way to be more than you are now is to hire; but, how can you make that happen? Your mind says, “What if I can’t meet payroll? What if I fail?” If you’ve experienced these fears, you are not alone.

A reason our dreams don’t become reality is that they are not specific enough. We must set specific and measurable goals and objectives. They must be written down. We must define success by documenting how much by when. Here’s a road map to your destination.

Knowing your numbers gives you great power to make smart business decisions. It’s one of the ways you breakthrough to BIG SUCCESS! In my experience, only 5% of solo and small firm attorneys know their profit margin. Do you?

Law firm financial analysis does not need to be hard – and it’s necessary. When you know your numbers and can do the math, law firm decision making transforms from being a guessing game to being strategic decision making. Strong decisions propel you forward toward your goal of creating the law firm – and life – you want.

Today, we’ll walk through how…..

Some of us grew up in the 70s, captivated by the heroic adventures of The Six Million Dollar Man, when a million dollars was an amazingly large amount of money – unattainable for most. Now we scoff at a million, knowing it’s not enough for retirement and successful attorneys don’t pull in a million dollars over their lifetime; they pull in a million dollars in one year. Even solo and small firm practitioners are generating a million dollars of revenue.

If you’re thinking, “BS! Only big firms make over a million dollars,” you’re mistaken. It’s completely doable. It’s a lot easier these days and you don’t create a million by yourself. It takes knowing your numbers, a team, a guide, the proper mindset, and the million dollar law firm formula.

Business owners, or I should say, successful business owners, know and track their key performance indicators (KPIs). At just a glance, successful business owners can see what’s working, what’s not working, and where to adjust.

As a solo practitioner, you’re a business owner and CEO, right? Of course you are. So, are you tracking these important measurements?