A scarcity mindset can challenge and show up in many ways: fear of not having enough files, status, or money. These recurring woes that arise in legal practice underpin your scarcity mindset and can often be problematic.
It feels like you are constantly buried in too much work. Clients are clamoring for attention. You feel like you are on a hamster wheel of deadlines and stress. The scarcity mindset pushes you to continue. But, having too many clients and work and not enough capacity to service your book of business is not simply a law problem. It is a common business problem.
The answer? Evaluate your capacity and the capacity of your team. Control the volume. Know when to turn work over to a trusted referral source. Put plans in place for growing and training your team.
Another sign of a scarcity mindset? You or a partner at your firm sees colleagues as competitors.
The bottom line is scarcity mindset turns opportunities into problems. This focus on lack promotes decision-making that initiates a downward spiral, leading to the feared result. Read the full article on slaw.ca to learn how to turn scarcity towards opportunities and strategies to make a shift towards an abundance mindset.
