Increase practice profitability by building more effective client relationships and improving delivery efficiency.
Your law firm can benefit from the advice of Edward Poll, a nationally recognized practical guide to profit. Ed helps attorneys and law firms increase their profitability by:
- Bringing in new business.
- Attracting higher quality cases and clients.
- Delivering legal services more effectively and efficiently.
Here are several ways you can benefit from Ed's advice:
Strategic Planning
Creating a plan that provides for increased profits. Ed will help you avoid business problems, set goals, create a marketing plan, and create a cash flow statement. Your firm will enjoy greater profits that result from more effective delivery of legal services to a higher quality roster of clients. Ed is the author of the book The Profitable Law Office Handbook: Attorney's Guide to Successful Business Planning.
Profitability Audit
Review and analysis of your current law firm practices to increase your margin. Drawing on the best practices of the legal profession, Ed will interview your staff and attorneys, analyze your operating procedures and prepare a report with recommended changes in your operating procedures.
LawBiz® Clients Say:
Accounts Receivable Advice
If your firm is collecting less than 95% of your billings, Ed can help you bring in what is owed. A financial expert, he will show you the pre-invoice, billing and follow-up methods that lead to quick payment. Low collection rates are a precursor to serious problems, and Ed will tell you how to avoid trouble. Ed Poll is the author of the book Collecting Your Fee, Getting Paid, from Intake to Invoice.
Individual Coaching
Guidance from a personal mentor who will coach you to achieve more income, control of your practice and peace of mind. Even Olympic athletes and movie stars need coaches and mentors. You'll get personal advice from Ed Poll, who for 25 years has practiced law, served as a general counsel and managed a corporation. By meeting Ed or speaking to him on the phone, you'll reach your goals and get what you want.
Click here to read more on coaching for lawyers.
Buying & Selling a Law Practice
Valuation and transfer of the assets of a law practice. Ed will apply his trademarked Selling Your Law Practice: The Profitable Exit Strategy to your current practice, create a prospectus to help your sale and develop your negotiating strategy. Conversely, he will help your firm integrate a new practice or partner, and guide you to develop additional client business. Selling or buying a law practice is permitted in many states.
Turnkey Practice Transition
Whether you are moving from a large firm to your own practice, moving your practice to a new firm or hanging out your own shingle -- Ed will make the transition smooth. You will be able to focus on your current client work when you retain Ed Poll for his turnkey practice transition service.
Edward Poll, J.D., M.B.A., C.M.C., advises law firms and their leaders on practice management, business development and financial matters. He is a nationally-recognized practical guide to profit. His advice has benefited national, regional and local law firms.
Ed is unique in that he has practiced law for 25 years, was the CEO and COO of several manufacturing businesses and has been a consultant to small and large law firms for 15 years. Thousands of lawyers have turned Ed's ideas into a bigger income for themselves.
Some of Ed Poll's Important Resources:
- Find out more about Ed's book Selling Your Law Practice: The Profitable Exit Strategy
- Find out more about Ed's Virtual Seminar, "Selling a Law Practice: Getting Your Highest Value"
- Read articles on buying or selling a law practice
- See a list of law practices for sale
He's a nationally-renowned instructor for law firms, bar associations and universities. He has taught:
- "Creating New Business Enterprises," in the Department of Entrepreneurship, University of California, Los Angeles (UCLA)
- "Business of Law Practice" for the USC Law Center for Advanced Professional Education
- Institute of Continuing Legal Education (ICLE) formerly at the University of Michigan, Ann Arbor, MI.
Ed has written several books and audiotapes on running a profitable law practice. He is the author of:
- Growing Your Law Practice in Tough Times
- The Profitable Law Office Handbook: Attorney’s Guide to Successful Business Planning
- Collecting Your Fee: Getting Paid, From Intake to Invoice
- Selling Your Law Practice: The Profitable Exit Strategy
- Attorney & Law Firm Guide to The Business of Law: Planning and Operating for Survival and Growth, Second Edition
- Secrets of The Business of Law®: Successful Practices for Increasing Your Profits!
- More Secrets of The Business of Law®
- Law Firm Fees & Compensation: Value & Growth Dynamics
- The Successful Lawyer-Banker Relationship
- Disaster Preparedness & Recovery Planning for Law Firms
- Business Competency for Lawyers: A Lawbiz® Management Special Report
Ed is a frequent contributor to legal and business publications including:
- GPSolo
- National Law Journal
- California Bar Journal
- Lawyers' Weekly USA
- California Lawyer
- The Practical Lawyer
- Law Office Economics & Management
- California Law Business (supplement to the Los Angeles Daily Journal)
- The Complete Lawyer, and others publications...