When Partners consider moving firms, an important question to ask themselves is: Where is my practice headed? A strong Business Development Plan is an excellent way to answer that question and highlight growth opportunities. Some firms may want to see a Plan. These are the key components:
1. List and summarize your current clients
2. Identify prospective clients and steps to secure their legal work
3. Describe past clients and plans to connect with them
4. Explain how a broader platform could benefit your clients and practice
5. Highlight cross-selling opportunities with related divisions at a new firm
6. Mention networking activities you pursue to generate new business
7. Note the seminars you attend or lead to increase market presence
If you need guidance on your Business Development Plan, we encourage you to reach out. We would be glad to support you in the process.