Using IT to Tap Into Foreign Markets

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    We know what you did last year! ICT Fraud Seminar, JULY,28th , 2011The ICT Fraud Investigators File Page 1

    Forensic. Advisory. Fraud

    To live on practicing law, know the business of law!

    Using IT totap into

    foreignmarkets

    Mustapha Mugisa YourForensic & Anti-fraud Expert.

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    What are the top 4priorities for law

    firm growth?

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    Key priorities for law firms

    Promote firm visibility

    Ensure consistent branding

    Strategically promote firmsuccess stories

    Form strategic partnerships with

    international firms for referrals.

    1.Establish a

    robust website

    that is CMS

    2.Optimize site

    for social

    networks3.Set a blog and

    keep it up to

    date

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    Key priorities for law firms

    Promote firm visibility

    Consistent branding

    Strategically promote firm

    success stories

    Form strategic partnerships

    with international firms for

    referrals.

    1.Professional

    logo, font,

    writing across

    board

    2.Clear firm

    positioning onInternet or

    presentations

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    Key priorities for law firms

    Promote firm visibility

    Consistent branding

    Strategically promotefirm success stories

    Form strategic partnerships with

    international firms for referrals.

    1.Write papers

    and position

    papers

    2.Upload on

    Amazon and

    website3.Email to peers

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    Key priorities for law firms

    Promote firm visibility

    Consistent branding

    Strategically promote firmsuccess stories

    Strategic partnerships

    with international firms

    1. Identify source

    of legal due

    diligence andpartner with

    H/Q law firms

    2.The need to

    find you onInternet

    strong!

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    Is your firm fairingwell?

    Research by IBA on law firms growth

    in 2013

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    Law firm priorities

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    Law firm strategic plan

    80% of the law firms responded thattheir strategic plans were theoretical.

    Only the partners knew about them. Most of

    the contents were theoretical abstractions

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    What is your firm strategy?

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    What is your firm strategy?

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    Understanding lawfirm economics

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    What are law firm economics?

    1. Financial goals whatare they?

    2. How are they achieved?

    3. Which systems areused to track them?And by who?

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    Why law firms are struggling?

    Few staff members haveunderstanding of the firmseconomics no clear cost

    measurement and revenuegeneration.

    All staff, including associatesmust know how revenue isgenerated and costs managed.

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