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When you look at your financials you should quickly see the picture they paint of your legal business’s performance. Your financials should serve as a confirmation of your financial positioning, a tool in which to measure your goal progression, and a compass guiding you into your financial future. Do yours?
Technology competence and compliance are more important than ever today and new rules have been put into place which you must observe. Who better to discuss how to fulfill your obligations than Jarred Correia. Listen and learn as we talk about the challenges and the solutions to this 21st century mandate for successful practice.
Common reasons lawyers close their practices include a medical disability, wanting to retire, a move out-of-state, or a career change. While the specific steps that need to be taken and the time frame involved can vary significantly depending upon the reasons driving the closure and the type of practice being closed, the following checklist covers the basics of what most lawyers will need to think about.
You want more time with your family and do the things you love doing (besides practicing law). You also wanted a plethora of funds to support this. It would make sense that you now monitor these two things, time and money, like a hawk to make sure you’re getting what you originally set out to get from all this, right? Nope, in fact many practice owners run from basic accounting requirements (if this is you, for the love of law please keep reading). So why are you running from the thing you set out to gain?
Going solo with intention and doing it the right way is going solo by design. Who better to present a jam-packed guest lecture on this subject than Gary Bauer, lawyer and Chairman of the General Practice Solo Concentration for twenty years at WMU Cooley Law School. Gary and I are kindred spirits. His information is purposeful, thoughtful and complete. Listen and learn.
I recently asked several of our claims attorneys to identify the top habits they felt new lawyers should develop from day one. Most of what they shared was what I anticipated claims attorneys would say; but one item caught my attention, and the more I thought about it, the more I realized how right they were. In short, all lawyers, not just new lawyers, need to know how to write well. Do you?
Chasing down non-paying clients is the bane of most lawyers’ existence. And when you’re already spending an additional three and a half weeks on unplanned work every year, it makes settling overdue accounts that much more frustrating.
While you may not be able to avoid ever having to deal with non-paying clients, here are three things you can do throughout a case to reduce the incidence of non-payment.
As a profession we’re constantly being reminded about the importance of A2J (Access to Justice) for low income folks. We are forcing newly minted attorneys into Pro Bono work touting it as a rite of passage, an honor and a privilege to give back for earning this license. Those charged with a crime are given public defenders at no cost to protect their rights. But what about plaintiffs in difficult personal injury or medical malpractice situations where it is not about the lawyer foregoing a fee and putting in a few check marks in the pro bono column, but taking on cases that challenge an attorney to swing for the fences even if the odds are slim there will be a financial return; where the overarching goal is hopefully helping to right a significant wrong and maybe prevent future wrongs? What about that difficult personal injury case or medical malpractice case that fewer and fewer lawyers have the caring or courage or fortitude to take on because the odds are against victory, though should they be victorious, there is tremendous financial reward plus the gratification of helping someone? What about that plaintiff who needs that real cowboy?
We can’t believe it’s been 10 years! In celebration of our 10th anniversary, we are offering amazing tuition options including Solo for Life! This celebration will run through 11:59 pm PST, Monday, April 8th. Don’t miss this once in a decade opportunity. Join us!
We welcome back Cynthia Sharp, ABA/GP Solo Rock Star for her third and final podcast on The 6 Steps to Client Mastery which now walks us through the processes (and soft skills) necessary to handle difficult clients, get your fees, conclude the matter and turn your happy clients into lifetime referral sources. This is not to be missed.
Why Going Solo as a Young Attorney Could Be the Best Decision Ever with Susan Cartier Liebel from Solo Practice University®.
On this episode of New Solo from the Legal Talk Network, Adriana Linares interviews Susan Cartier Liebel from Solo Practice University® about how to stay motivated throughout the process of starting a solo law practice.
Motivation in life is very important. I share seminal moments which have shaped me as a human being and helped me become who I am today.
On this podcast from Lawpreneur Radio, Miranda McCroskey interviews Susan Cartier Liebel from Solo Practice University® about perceptions of fear, failure and other issues facing solos.
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