Practicing law for the first time comes with its fair share of stressors and unknowns. One of the first things you’ll need to determine is how much you can expect to charge for your services. Will you be able to set an hourly rate that’s reasonable for an attorney in your area, and provides enough income to meet your needs? (Includes sample forms)
To this day, one of the most common challenges for solo and small firm lawyers is getting paid. Your payment structure notwithstanding, a smooth billing process is predicated on honest and open communication — particularly during your consultation. Paired with a dependable, secure tech solution, the latest billing best practices will help you achieve a significant drop in friction, avoid awkward client interactions, and ultimately collect on more unpaid invoices.
To help solo and small firm attorneys maintain a more steady cash flow and master their law firm’s finances, here are nine tips for getting paid consistently, on time, and without the drama.
To help attorneys better understand the trends that affect their business, LawPay has created a new infographic, “Recent Trends in Legal Payments.” Explore this infographic to see how changes in payment preferences could affect your law firm, and what you can do moving forward to improve payments in your practice.
There are more opportunities than ever to market your firm, but are you using the right local marketing strategy to become trusted in your community and reach potential future clients?
This free Local Business Marketing Strategies for Lawyers eBook gives tips on:
How to manage your local and digital reputation
Listing your firm on local directories
Developing a strong online presence
Download Your Free eBook Here!
There is no shortage of voices out there offering tips to attorneys who are looking to go out and start their own firm. Unfortunately, with so many lengthy articles, e-books, webinars, and other resources circulating, it can be hard for attorneys to narrow down this information into practical, actionable items they can take to help make their new venture a success.
Here are a few pieces of advice that we have heard from solos time and time again and they just might help you shorten the learning curve.
Is it possible to improve your law practice and your life at the same time? Yes! You really can increase your productivity and improve your practice and your life. Every day, lawyers help to change their clients’ lives for the better. But all too often, you can lose sight of this reality and get caught up in your hectic daily routine. It’s time for you to change your life for the better and this webinar focuses on strategies to help you do just that.
When people think of high-profile hacks, their minds don’t usually drift to the legal world. However, recent security breaches at several large firms, including Cravath, Swaine & Moore LLP and Weil, Gotshal & Manges LLP, have highlighted the vulnerabilities law firms face. In fact, after one such event, Manhattan US Attorney Preet Bharara said the incident “should serve as a wake-up call for law firms around the world: you are and will be targets of cyber hacking, because you have information valuable to would-be criminals.”