While starting a law firm might seem like a daunting task understanding the types of law firm models there are and which one you see yourself wanting to be part of will help you find the right path for your legal practice.
In this video, Nermin walks you through the most common law practice models, their pros and cons, and their impact on your business success and growth potential.
00:00:00 Intro 00:01:26 The traditional law firm model: The rain maker model 00:03:55 The specialized law firm business model 00:07:32 The high volume law firm business model 00:10:34 The Hybrid Model 00:13:36 How do you choose the right law firm model for you? 00:13:48 Will you be a solo or will you have associates? 00:14:55 Do you practice in a specialized field of law? 00:15:52 What are your revenue goals for your law firm? 00:17:21 Which law firm business model is the best for new law firm owners
