Why Core Values In Your Law Firm Are Important (Ep 81)
This week on the podcast, we are diving into the importance of having core values and why your core values should be front and centre of your business.
As a business owner with a team, life becomes much easier when you attract staff who share similar core values to the company they are part of. Having alignment in your business allows everything to flow freely. Core values in my law firm were something that I didn’t have in place in the early days of my business. If you have a small team, you may not see the value of identifying your core values. However, from my experience, I wish I had identified the business core values earlier. I would have saved myself from making many mistakes, particularly around hiring!
In my firm, we have engaged an external HR company to come in and consult with us from time to time, which has helped us to build upon our values and other aspects of our team structure. In my law firm, as a team, we created core, firstly with the leadership team, then with the team as a whole. Each team member stands by our core values and understands the importance of streamlining our mission.
As a team of one, or as a team of many, implement your core values sooner rather than later. Create a day where you are offsite and use it as a team-building exercise. Each year, in my team, we go on a team retreat to debrief, relax, and reevaluate our core beliefs!
Your core values are what helps to shape the vision and culture of your company. They are the essence of the companies identity and have many advantages, externally and internally.
In the podcast, I discuss my business values and how they are applied to our work environment.
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