In this episode of More Than Knowing The Law, LPLC's Chief Risk Manager Heather Hibberd is joined by Liz Harris from Ovid Consulting, a lawyer and consultant who provides advice to the legal sector, to talk about how new law practice owners can shift their mindset to becoming a new business owner as well as a lawyer providing a service
A workforce disruption has taken place across the legal sector in the wake of the COVID pandemic. Many lawyers are leaving employment in established firms to start their own practices, some with only a few years experience behind them.
Having a law degree may not be enough to guarantee success if you start your own practice. Being a business owner comes with an additional set of risks, challenges and responsibilities beyond the experience of an employee in a firm. Many who start their own legal practice aren’t prepared for what is required in the shift to working on the business as well as working in the business.
In this episode, Heather Hibberd is joined by Liz Harris, a lawyer and consultant who provides advice to the legal sector, to talk about how new law practice owners can shift their mindset to becoming a new business owner as well as a lawyer providing a service. Liz is the principal consultant at Ovid consulting, where she provides advice about best practice in legal department management, to help law firms deliver better services.