Learn It With Lawyer Peer Advisory Groups

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Things They Never Taught You In Law School

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It’s truly said, “Never underestimate the power of a lawyer”. Lawyers have earned prestige in society as a profession that gives both recognition and a sense of fulfillment. However, the path to becoming a great lawyer can be challenging. Simply working in a law firm will not provide you with the required skill to grow. If you are looking for ways to become an excellent lawyer, you need to learn things you haven’t learned in law school. 

One great way of achieving this is by joining a peer advisory group for lawyers. You get to learn from other lawyers who have gone through similar experiences. Apart from the support and advice that other lawyers can provide, these groups can also help you build a network with other lawyers and potential clients. 

To help you out, we have compiled a list of the top benefits of joining a peer advisory group.

1) Increased Knowledge Of The Legal Industry

The best way to learn about anything is through collective wisdom. 

When you put several dedicated and skilled lawyers on an attorney round table in a room to talk to each other, it’s obvious that ideas will be shared. The top benefit of joining any lawyer peer advisory group is that the members interact with each other and discuss their legal experiences. For example, they can interact about the cases they’ve won, the mistakes they made, and how they achieved a higher status in the field. 

2) Gives You Practical Knowledge

Law school is the basic foundation to start with law practice. However, once you become a lawyer, acquiring new clients is not just about being a good lawyer – there is so much business involved. According to a recent study, 20% of new businesses fail in their first year, and 50% fail after five years. This is because beginner lawyers often learn through their mistakes and failures. But, what if you could learn from lawyers who have already made mistakes, soak in their experiences and take steps to avoid these mistakes before they happen. Mentors play an important role in learning. That’s what peer advisory groups offer – mentors and knowledge facilitators who assist you in finding solutions to your problems and naturally enhance your knowledge and expertise by providing strategic advice. 

3) You Get An In-depth View Of A Law Firm

You must be working for a top-notch firm and handling several legal cases often in the pursuit of knowledge and a chance to climb the ladder. However, success is not always guaranteed this way. What’s most important is that you should aim to get more insights of the law firm you are working with. That way, you learn about their business. If that seems to be not possible, one great idea is to become a member of a peer advisory group. These groups have a quarterly meeting to talk on topics such as-

  • Client Acquisition
  • Client Retention
  • Economics
  • Office productivity
  • Technology
  • Business Plans

Top-class peer advisory groups like FRETZIN have a solid community of legal business developers and senior lawyers. Joining their community will help you to learn the ropes of growing a business. 

4) Improved Ability To Identify Problem Areas And Solve The Problems

As attorneys, one big challenge is to maintain a balance between personal and professional lives, especially when they can influence each other. That’s why Peer Groups can be so important. Peer groups help to identify the problem areas in legal business development and provide solutions you need to achieve your goals, both professionally and personally. You can discuss your challenges with the other members of the group and learn from them about the ways to create a healthy work-life balance. 

Final Words

Peer advisory groups for lawyers can work wonders. When people sit at the attorney round tables and discuss their failures, identify problems, give feedback, execute a plan together, provide support and give fresh ideas for growth and development, the results can be marvelous.  

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