How are you future-proofing your law practice? You better start thinking about it if you haven’t already.
This guest post was written by Michael J. Palumbo. I am so happy Attorney Palumbo reached out to us because he is going to cover a subject nobody wants to discuss – Sales. Yes. That nasty little word no lawyer wants to acknowledge but is critical to the success of your practice. This article is […]
Hypercapitalism is a term used by Marxist scholars, in their continuing critique of political economy, to depict a relatively new form of capitalistic social organization marked by the speed and intensity of global flows that include exchange of both material and immaterial goods, people, and information. Will lawyers become hypercapitalists in order to compete in the 21st Century?
One of the first things people do when starting a practice is rent office space. At least it seems like something that you should be doing. Originally it was all about the image you present and impressing clients with the fancy location with nice furniture. These days more and more firms are doing away with the full-time office location.
It’s Spring, traditionally time for a little Spring Cleaning. Toss out the old, start fresh. For the solo attorney, that often means purging ourselves of bad habits and setting some new goals.
This Spring, I recommend that you stop being toxic to your business. Yeah – you heard me. YOU are toxic to your business. And you need to stop it!
Nowadays, much legal research is done on the internet. Sure, it saves time and can be of great value. The downside: Instead of using legal reasoning, attorneys are, in many instances, and to a lesser or greater extent, relying on the methodology and conclusions reached by others. And their writing….
One of the best things about being a solo/small firm lawyer that solo/small firm lawyers always cite is the flexibility. Flexible work schedule, flexible billing options, flexible practice areas. We are practically yogis.
What we never say is that all that flexibility does not mean a reduced workload, easier billing or lowered obligations to learn all those new practice areas. There is a price, and we usually pay it in longer hours working for ourselves than we ever put in working for Big Law.
Encryption is now part of your professional duty to safeguard your clients’ data. Encryption is a very techno-scary word for many lawyers. It’s intimidating, actually. But even if it is, it doesn’t mean you can bury your head in the sand, not if you are going to represent your clients responsibly. Encryption is critical when […]
The number of professional liability claims that arise as a result of a substantive legal error has varied a bit, but it generally seems to hover around 46%. In short, this means that roughly 46% of reported claims in any given year are a result of an attorney failing to know the law, failing to properly apply the law, or failing to know or ascertain a deadline…..