In a race against time, a “Chief Everything Officer” must delegate, create Standard Operating Procedures, and manage human capital in order to scale their law firm and protect against costly mistakes.
This episode is about the power of Standard Operating Procedures (SOPs). I learned that having SOPs in place is essential for law firms, as they can help reduce risk and increase productivity. SOPs should be established for client onboarding, retainer acceptance, invoicing, progress billing, monthly reports, closing a file, security, and virtual work. Each of these processes should be clearly documented and followed to ensure the best results for the firm.
“If you want your firm to grow and scale, then you will have to delegate. You cannot do everything and expect your firm to grow rapidly because your time is pretty limited.”
In this episode, you will learn the following:
1. How can an organizational chart help manage and plan organizational resources?
2. What are the seven standard operating procedures (SOPs) every law firm should have documented?
3. How can law firms create virtual work procedures to protect against cyberattacks?
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Jayden was not always the financial guru that he is today. Growing up in a household just shy of the federal poverty line in Prince George’s County, Maryland, he knew the importance of money management but didn’t have the tools to create the financial stability he so desperately craved. After graduating Towson University with a B.S in Accounting and incurring a large amount of debt, Jayden was determined to make a change.
With a little hard work, and A LOT of sacrifice, Jayden became independent, gained professional growth as an accountant at a small CPA firm in Atlanta, and became a Certified Public Accountant. Over the next years, he’s worked with clients in just about every industry — helping them not only expand their financial portfolios, but to create plans that ensure financial sustainability and minimize taxability.
As a CPA, Jayden’s goal is to help entrepreneurs like himself gain independence and create a unique action plan to bring more to their bottom line while paying less in taxes. Invest in yourself and start working with Jayden TODAY!
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