Are you strategizing for 2016, and that means looking back over your prior years’ financials. I don’t know about you but I (and most of the small business owners I) rarely look past cash flow to the bigger picture, and then usually only when we are filing our tax returns. Here are some necessary tips to help you make much better decisions in 2016.
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!
I’ve been fielding a lot of questions lately on why I believe new lawyers should be hanging a shingle. So, it was serendipitous that I be asked to do a guest podcast over at Gen Why Lawyer with Nicole Abboud, a solo herself. If you’re interested in my thoughts, want to start a discussion […]
Lawyers in the U.S. have fallen in love with “Esquire” It is found appended everywhere–on stationery mastheads and signatures, on business cards, professional listings, etc. You name it–it’s there! All well and good! Right? Not so fast! Read more….
Have you ever met people whose lives seem to be awesome? They have the awesome jobs, money and lives we wish we had. If it weren’t for the kids, the move, the downturn in the market or a myriad of other reasons we would be where they are now? Read more.
You finally finish a client matter.
You believe you did good work and got a good result for your client; but as sometimes happens, you find that the client still owes you quite a bit of money, and on top of that, has stopped making any payments.
You certainly deserve to be paid so what are your options?
For a number of attorneys who find themselves in this situation they make a decision to sue for fees based upon a belief that they did good work and got a good outcome. Of course, post fee suit, none of that will matter to the client. If you do decide to sue for fees based upon the reasons set forth above, don’t be surprised if and when a malpractice counterclaim is filed and things start to get ugly. Seems to me the better approach would be to do all you can to avoid the necessity of ever having to consider suing for fees. With this in mind I offer the following thoughts.
It begins at intake and the best advice I can share is this. Read more….
Have you noticed that women lawyers seem to be going solo at a faster rate than their male counterparts? We may start off as associates at Big Law, but we don’t tend to stay there. In fact, less than seventeen percent of female associates ever become equity partners in their firms. Only about four percent make it to the level of managing shareholder. Think you know why that is? Read on….
I posted this little factoid on our Facebook page the other day: “The statistics are unsettling: Approximately 34% of attorneys in private law firm practice are females and only 3% of these women are in a management partnership at the largest 200 law firms. And if women make it to the top, they’ll likely be […]
It seems Lee Rosen hasn’t lost his touch as his provocative post The 5 Dumbest Things New Solos Do generated a lot of blowback when I posted it to a LinkedIn Group I frequent. (Feel free to join Solo Practitioners Forum). The biggest issue was whether or not to get malpractice insurance immediately upon getting […]