There are different phases lawyers will go through as they build a significant book of business. There’s no guarantee you’ll progress through each phase, but if you do it’s likely that you’ll follow a particular path. In this episode, Jay and Tom discuss what it takes to build a $100,000, $500,000, and $1,000,000-plus practice. Topics include:
Why lawyers in Phase One must typically rely on “friends and family” clients
How Phase Two lawyers narrow the focus but broaden the geographic scope of their practices
Why systems, processes, and scale are key to cracking the $1 million mark
How thought leadership fits into Phases One, Two, and Three
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Hosts of The Thought Leadership Project
Jay Harrington is a lawyer, author, executive coach, and marketing consultant for law firms and lawyers. Tom Nixon, who is Chief Storyteller at the Harrington agency, has more than 25 years of experience helping experts become thought leaders. Both are prolific content creators whose work has been featured in leading publications in the legal industry.
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