Amata: Coworking for Professionals Blog

Even if you’re not in the market to sell your law firm, there are several reasons to value your firm such as a possible firm merger, securing loan financing, the addition of new partners, and other business and personal matters such as your succession/exit strategy.

In the past, law firms were known for sprawling offices, where even the most junior associates had their own private workspace. That changed as larger firms adopted standard-size offices, open floor plans and clustered workstations, and a growing cadre of lawyers — particularly solo practitioners — moved to shared offices.

Amata is kicking off a new series to help lawyers better understand how to navigate the challenges of marketing for law firms. In partnership with Constellation Marketing, our first episode covers an in-depth overview to create something every business owner wants: a steady pipeline of clients.

Many businesses are familiar with the need to connect their contact phone number with their company name, and depending on how long they’ve been in business, have already accomplished it. In this regard, a daunting prospect for many business owners is the notion of having to change it. Unfortunately, this can be the case for those who are needing to change or add phone services, as many providers will not allow them to keep their existing number in the process.

Virtual law firms have seen a rise in popularity over the last several years. But, due to the COVID-19 pandemic, there has been a bigger boost in the demand for virtual legal professionals.

Patrick Carver is the Owner of Constellation Marketing, a digital marketing company that focuses on driving growth for law firms using web design, advertising and other tools. In this episode, Ron and Patrick talked about how you can take advantage of the many facets of digital marketing today.

Nate Dinger is the Senior Vice President of Commercial Banking at Signature Bank – he helps small, mid sized businesses, and law firms in Chicago manage their finances. Often times lawyers don’t have any time to take care of their own firm’s financial concerns so Nate, along with Signature Bank, helps them through financial advise, management and even through giving out loans for cases – which is uncommon since banks usually see court cases as high risk situations.

Steve Mesirow is the Senior Managing Director in Mesirow Wealth Management and he has been providing expert investment advice and financial planning strategies to his clients for over 25 years. In this episode, Steve talks about how law businesses are at a disadvantage because they register their taxes at the highest rates. He discussed all the ways in which lawyers can build and protect their wealth in a tax-advantaged way.

Adapting your law practice to a work-from-home model takes planning and hard work. Here are our top 5 suggestions to help your law firm operate remotely and still achieve success.