More than 250 new law firm partners were appointed in Australia’s biggest 50 law firms – a 44% increase from last year. Accounting and consulting firms went even harder still. Ninety-two employees were elevated to partnership at PWC;
Prodonovich Advisory Insights
Prodonovich Advisory Insights, published by Prodonovich Advisory, focuses on business development strategies tailored for professional services firms, particularly law and accounting practices. The blog covers topics such as client relationship management, referral generation and maintenance, effective communication of expertise, and practical steps to enhance business growth. It also addresses challenges like sustaining referral networks, measuring client value beyond billings, and adapting to changes in the professional services landscape. The content includes practical advice, case studies, and industry analysis aimed at helping professionals refine their business development skills and grow their practices efficiently.
Latest from Prodonovich Advisory Insights - Page 9
How to do Business Development in Your Trackies
Stay at home orders, the Delta strain, remote working and homeschooling. This is the strange reality in which most of us now live. At the time of writing, half of Australia is in lockdown once again. The office seems…
Don't Sack Your Senior Professionals Just Yet
Traditionally, professional services firm partnerships have been built around the ‘up or out’ model. This means when a partner reaches a certain age (usually associated with becoming too sensible to flog themselves into the ground to keep hitting crazy billing…
How to Get Old Clients to Follow You to a New Firm
It’s now common for professionals to move their practice from one firm to another. In fact, I know some senior lawyers and accountants who’ve switched theirs three or four times over the past decade. Each time they do, there’s an…
Ten Dumb Things Smart Professionals Are Asked To Do
Professionals tend to be smart people. But they’re often asked to take some pretty dumb approaches when it comes to business development (BD). Here’s my list of the 10 worst BD things lawyers, accountants, architects and engineers get told to…