After more than a year of development and beta testing with clients, I am happy and proud to say on NexFirm’s behalf- Hello World!
Who We Are
NexFirm provides back office services to small law and professional service firms. Our mission is to help new firms launch, and supply an ongoing platform that helps them prosper and grow. Our method of achieving this is to provide strategic planning, finance and accounting, IT & telecommunications, administrative and operations services. With NexFirm, clients enjoy a lower cost structure, better capabilities and hundreds of hours of time saved versus going it alone. We have reinvented the way small firms operate, and given them a greater chance for success.
What We’ve Been Doing
The last year has been a busy one, as we have worked with our handful of clients to refine our process. As we have helped our clientele launch and grow successful practices, we have learned a great deal aside from just perfecting our operational procedures.
Many of the attorneys we have met along the way that came from large law firms felt that their career path was altered, and feared that the security they sought at their big firm was gone. All of the sudden the risk of starting their own firm seemed to be less than staying at a large firm, where they had no upward mobility, and the risk of being eliminated. The legal industry has changed, and is leaving some talented, dedicated attorneys behind. Large law firms are not the stable, nurturing platform for small areas of practice they once were. Conflicts, a high cost structure and bill rates that are not responsive to the market have made it difficult for many practice areas to compete and thrive. This situation creates a void waiting to be filled.
A New Career Path
Unfortunately, you can’t simply leave a big firm, cut your rate and be a success. There is a lot more to establishing a durable, profitable and growing firm. We created NexFirm to create a new career path for outstanding attorneys in search of the right platform for their practice. To address their needs and concerns, NexFirm has created a fast, efficient and inexpensive way to launch a firm. Most importantly, we have built a partnership model so that critical resources are at our clients’ fingertips throughout the lifecycle of their firm.
Making the Decision Easier
If you are an attorney or any professional running your own firm, you probably have some insight into the struggles I am talking about. The time and energy running the business of your firm, managing people and trying to make rain is substantial. Plus, you have to bill hours. If you are thinking about starting a firm, there is a lot to get your head around if you want to succeed.
Let NexFirm be a resource to you in the area of firm operations and strategy. Our website, nexfirm.com, has information about our services. Through Facebook, Twitter, LinkedIn and this blog we will supply a steady stream of valuable information, insights and resources to those who run or hope to found a law firm or professional service organization.
We’re Tied to Your Success
To all of you who have been kind supporters of NexFirm, thank you for all of the kind wishes. We are excited about the progress we have made and enthusiastic about our opportunity ahead of us. Many have asked how you can help; please let anyone you know that is looking to start a new firm that NexFirm is here. Our success is based upon the successes of our clients. This is exactly the motivation that partners look for in each other.