Planning and running a business can be a real challenge for attorneys. After all, you went to law school so you could practice law. If you’d wanted to run a business, you’d have an MBA, not a JD.
The fact is, successfully managing a business is a challenge for almost everyone. Entrepreneurs go into business because they’re good at something, have a passion for it and want to make money at it. Attorneys, unless they’re in a large firm and have someone to handle the business details for them, have to be entrepreneurs if they want to be successful.
So, if you’re responsible for business decisions at your law firm, a comprehensive business plan will help you make the best choices to ensure your firm’s success.