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Embracing a Business Mindset in the Legal Field
Exploring the necessity of adopting a business mindset in the legal field, focusing on client relationships, market adaptation, and career alignment with firm objectives.
In today’s episode, I share important aspects of approaching your legal career through the lens of a business mindset.
This is an area where BigLaw can fail to help attorneys who need to know that the practical realities of practicing law require more than what you learned in law school.
Problems arise when lawyers aren’t educated about how they fit into the firm’s overall profile and when individual lawyers can’t identify how their business goals and ambitions match the firm, company or other organization that they are working in. So it’s time to get smart on how to have a more business-focused approach.
At a glance:
01:40 - The importance of understanding the business model of your law firm and aligning it with your personal goals
03:05 - How to cultivate a business mindset and why it's crucial for career progression in BigLaw
04:07 - Challenges lawyers face when their contributions don't align with the firm's business needs and potential consequences
06:01 - Tips to avoid career pitfalls by actively understanding and engaging with the firm's business strategies
07:51 - The significance of aligning with your clients' business needs and building deeper, more strategic relationships
09:53 - The broader impacts of understanding your industry and client's business landscape on legal practice
11:57 - The importance of being adaptable and willing to pivot your legal practice in response to changing market demands
14:28 - Maintaining a proactive approach to your career in BigLaw, leveraging a business mindset
Rate, Review, & Follow on Apple Podcasts
Do you enjoy listening to Big Law Life? Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law. Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode!
Also, if you haven’t done so already, follow the podcast! A new episode releases every week! Follow now!
Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her:
laura@lauraterrell.com
LinkedIn: https://www.linkedin.com/in/lauralterrell/
Instagram: https://www.instagram.com/lauraterrellcoaching/
Show notes: https://www.lauraterrell.com/podcast
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