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You are browsing the archive for Demographic/Economic Trends.

Jan 3, 2012 / Demographic/Economic Trends, Subjective Opinions

Will 2012 Be The Year of The Legal Entrepreneur?

We all know that 2012 is going to test all solos, their creativity, their stamina, their ability to ‘keep it down’ when they want to throw up on the roller coaster ride known as solo practice…especially in the years ahead.  Rather than prognosticate about all the changes which are definitely happening, I’d rather have you [...]

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Aug 29, 2011 / Demographic/Economic Trends, Inspiration, Subjective Opinions

The Millennial Lawyer. They ARE Our Future.

(This is a little long but I hope you’ll find it worthwhile) In a recent article entitled “Startup Generation Ready to Fix Economy” we are learning that today’s millennial is not only not a slacker but those who are taking their job security into their own hands is increasing exponentially. Forty percent of those in [...]

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Aug 8, 2011 / Demographic/Economic Trends

Are We In A Legal Profession (Pricing) Bubble?

Clearly with all the financial turmoil rocking our country, those who have been tracking why we are where we are today refer to the bursting of various sector bubbles.  Some even refer to our economy as a ‘bubble economy’ driven by six major bubbles which include real estate, stock market, private debt, discretionary spending, government [...]

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Jul 25, 2011 / Demographic/Economic Trends

Your Troubled Neighbor. Your Troubled Client. Your Troubled Practice?

This post is long and filled with a lot of informative links.  It also might be a wake-up call for those who have laid low for a while and tried to ignore the economy.) Those who have followed me for the nearly four years I’ve been blogging know I have always drawn attention to the [...]

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Jul 5, 2011 / Demographic/Economic Trends

With Walmart Offering Legal Services Where Will You Fit In?

(I realize the original title of this post did not really reflect the content and its importance so I changed it.) I’m seeing the writing on the wall. A friend of mine is very involved from a legal perspective with the Medicaid program. I’ll decline to say which company and which state because it is [...]

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Feb 15, 2011 / Demographic/Economic Trends, Solo & Small Firm Practice, Subjective Opinions

What Role Does Your Spouse or Partner Play in the Success of Your Solo Practice?

This post was triggered by a very passionate argument about women’s contributions to the collective wisdom of the blogosphere between Crime and Federalism and MyShingle and morphed into Military Underdog’s smackdown challenging the idea that any specific genitalia has greater responsibilities to their children all while running their legal practices.  While it was kind of [...]

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Feb 7, 2011 / Demographic/Economic Trends, News

NYSBA Acknowledges Times Are Changing – An Action Plan

This is an excerpt from the Future of the Legal Profession Report commissioned by Stephen Younger, President of the New York State Bar Association.  It was meant to address the effects of the economic downturn as well as other issues impacting the legal profession: “….private practice, one of the key engines of the profession, is [...]

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Jan 31, 2011 / Demographic/Economic Trends, Marketing, Social Media, Solo & Small Firm Practice, Subjective Opinions

How Major Changes In Our Daily Living Will Impact Solo Practices (Part II)

We are continuing to discuss the major societal and cultural changes coming to a head in 2011 and how your clients are going to be impacted by them.  You can read the first two discussions here and here to catch up. This third post is going to discuss changes in housing, $5.00 & $6.00 gas, [...]

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Jan 24, 2011 / Demographic/Economic Trends, Solo & Small Firm Practice

How Major Changes in Our Daily Living Will Impact Solos (Part I)

(Another long post but I think you’ll find it interesting!) My last post frightened quite a few of you.  I’m glad.  I did my job, then.  We can’t live in a bubble forever.  Things are clearly changing in our world which means things are changing for your potential clients and how you will interact with [...]

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Jan 18, 2011 / Demographic/Economic Trends, Marketing

What’s Happening To Your Client in 2011?

(This post is not for the faint of heart.) Last week I posted that I had SO much to say that it literally rendered me incapable of posting anything.  And my friend, Jack Newton posted a 2011 Prognostication Roundup on Slaw.  It was very lawyer/law firm-centric.  My thoughts, however, were elsewhere.  What is happening to [...]

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