Print
Written by Norman Clark
Published: 26 October 2015
Hits: 3432
hand holding a tree sapling

The emergence of social entrepreneurship points to a promising specialty market for law firms, in which, as in other areas of legal services, an early entrant with an intensely client-focused and well-managed practice could establish a significant and durable competitive advantage. This creates a market opening for small and midsize firms with well-balanced transactional experience. 

In this arena, size is not necessarily an advantage.

 

 

Should your firm consider a venture into this emerging legal market sector?  We recommend that your decision-making process should include at least these four steps:

  1. Research the market.
  2. Inventory your internal expertise.
  3. Develop and industry-sector business plan.
  4. Develop a marketing plan for the social entrepreneurship sector.

For more information, click here to download our background briefing: Social Entrepreneurship and Law Firm Strategy.

Norman Clark

To learn more about how Walker Clark LLC can help your firm set and achieve your strategic priorities, click here.