Build Your Law Firm’s 2022 Success Plan

2022 Success Plan

Step 1: Identify your firm’s goals

Determine what's most important to you and your firm, and the goals that you wish to achieve as you build a more successful, client-centered firm.

Here are some common goals that law firms should be focusing on:

  • Goal 1: Understand and deliver on client expectations

    Market condition

    Client expectations have dramatically changed. 67% of consumers agreed lawyers should offer the option of working with clients remotely. A further 79% wanted to work with a lawyer who offered services both remotely and in-person.

    How to adapt

    Build greater flexibility and more options into your services. Communicating with clients to determine how they prefer to access legal services can help you to align with these expectations to deliver better client experiences.

  • Law Firm Accounting Illustration

    Goal 2: Better understand firm performance

    Market condition

    Only half of solo attorneys and managing partners are very confident in their knowledge of their firm’s major financial metrics.

    How to adapt

    Adopt reporting tools to continually track key performance indicators (KPIs) like billing and collection rates in your firm. These metrics help identify what is working well, and what needs improvement to drive revenue growth.

  • Paralegal Automation Illustration

    Goal 3: Automate more administrative tasks

    Market condition

    Successful firms are increasingly adopting technological solutions to automate and streamline their firm’s processes.

    How to adapt

    Adopt solutions that offload some of the administrative workload of running your firm to free up more time for billable work. Tools that can streamline firm processes include client intake solutions that can automate consultations, or a client portal that can reduce time-intensive back-and-forths.

  • Make it easier to get paid

    Goal 4: Make it easier to get paid

    Market condition

    66% of consumers ranked online payments as their preferred payment method, and growing firms were 37% more likely to be using these solutions in 2021.

    How to adapt

    Implement an online payment solution that allows clients to pay quickly, securely, and from anywhere. Look for a tool that enables payment plans, which are sought by 81% of consumers when they are choosing a lawyer. Payment plans are an effective way to expand your client base by making your services more affordable for a wider segment of the population.

Step 2: Implement the right technology to achieve these goals

Implementing the right technologies is a crucial step towards accomplishing your firm’s goals in 2022. Over the course of several years, we’ve seen a consistent trend in which growing firms have adopted client-centered technologies at a much greater pace than firms with shrinking revenues.

Adoption rates of growing firms

 

Law firms using online payment solutions in 2020 collected nearly 40% more revenue per lawyer than their peers. With the majority of firms now offering online payments, non-adopters will be at a disadvantage.

 

Your 2022 Checklist for Success

Set your firm up for success with trusted technology that integrates seamlessly and securely with software you already use.

  • Case Management System

    Online Payments

    Client Intake Software

    Client Portal

    E-signatures

    Video Conferencing 

    Google My Business profile

    Electronic Court Forms

    Automated Court Rules

The data insights outlined here and more analysis of the current state of the legal industry can be found in the 2021 Legal Trends Report.

Book a demo to see Clio

Book a personalized tour and see how Clio can help achieve your 2022 goals.

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