How Narrow Focus Limits Your Law Firm Growth

Are you a law firm owner who is hoping to branch out and learn new ways of working? In this episode of the Maximum Lawyer Podcast, Becca Eberhardt, CEO at Maximum Lawyer, encourages law firms to seek inspiration and strategies from outside their industry.  Becca shares how she has seen a narrow focus to only learn and grow within one’s own industry, which is happening across many organizations including law firms. It is important to understand how other areas are succeeding so it can be applied to your own industry. In the case of law firms, not exploring the business advice or strategies of other industries can have a negative impact. Becca expresses that if all attorneys or firms do everything the same way, clients will look at them like commodities rather than individual people who bring different things to the table.

Looking at other industries for inspiration can really benefit a law firm. It can lead to learning unique and innovative ways to practice. Maybe there is a new recruitment technique happening within the HR space that could really help a law firm do better when it comes to recruiting lawyers. Exploring outside of an industry can also help increase efficiency and improve client services. Looking at industries such as retail, hospitality and sales is great because they do this every day and are experts.

Take a listen to learn more!

00:24 The tendency to stay narrowly focused within one's own industry 1:21 How being focused on one's own industry can lead to tunnel vision 5:18 Examples of businesses that are innovating

Tune in to today’s episode and checkout the full show notes here.