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In this episode, Alay and Dominic discuss:
- Problems most law firms have to overcome.
- Why hiring is a bigger problem than client acquisition for many small firms.
- Consider hiring part-time, not just full-time for what you need.
- Rehiring framing from being an expense to an investment.
Key Takeaways:
- For many small law firms, the ability to find the right staff is one of the biggest challenges.
- The hiring process takes time, and it should take time because you want to have an A-Team working for you.
- Understand what resource you need and hire for that resource. You don’t need to hire someone 40 hours per week right off the bat if you aren’t sure if that’s what you need.
- If you’re concerned about not having enough work, more often than not, there’s plenty of work and it is just a resistance against the change of bringing someone on.
Tweetable Moments:
- “One of the things that seems to be holding a lot of folks back from hitting growth is talent – trying to find good staff in today’s environment, it seems like, has never been more difficult.” — Dominic Grew
- “It’s a real problem for law firms to find that staff so that they can actually do the work that they want to do so they don’t become overworked and burned out…and it’s compounded by the fact that attorneys don’t know when to hire.” — Alay Yajnik
- “There have never been more options at your disposal for finding ways to help you get bandwidth. ” — Dominic Grew
- “If you’re growing a law firm, it means you’re starting from somewhere, it means you’re starting with a firm that’s already there is there because of the investments you’ve made…if part of your perfect practice is growth, you’re going to have to invest time, or money, or both, to move it forward.” — Alay Yajnik
Episode References:
- ProVisors: https://provisors.com/
About Dominic Grew:
Dominic “Dom” Grew is an expert in business management and business development. As a Certified Practice Advisor and former Chief Operating Officer for Global Business Development, Dom brings over 25 years of business development and operational experience. He knows how to balance the operational and strategic components of running a growing business. Dom gives attorneys clarity on the results they want from their practice, then teaches them how they can get those results faster.
Areas of Expertise:
Business Development
Strategy
Self-Confidence
Dom holds a Master’s in Management from Cambridge College (MA).
He lives in Massachusetts with his wife and three children. Dom loves the great outdoors and is actively involved in The Boy Scouts of America.
Connect with Dominic Grew:
LinkedIn: https://www.linkedin.com/in/dominic-grew-45478216/
Website: https://elevatebusinesscoaching.com/
Website: https://lawfirmsuccessgroup.com/
Twitter: https://twitter.com/DominicGrew
Connect with Alay Yajnik:
Podcast: http://lawyerbusinessadvantage.com/
One Page Strategic Plan: LawFirmSuccessGroup.com
Email: Alay@YajnikGroup.com
LinkedIn: linkedin.com/in/alayyajnik