How should you start to map the route to your exit? The answer begins with how you are grooming your practice's assets now, so that you can recoup value later. And the sooner you are conscious of the role your current management practices will ...
Glenn G. Gutek - May 26, 2011Thoughtful planning will be the key to making flat-fee billing, or any other billing method, viable and successful. And no matter how you change your billing practices, timekeeping will play a critical role. Yes, clients can perceive the value ...
Frederick J. Esposito Jr. - May 24, 2011Today’s idea, especially for small-firm lawyers, is this: revive your law school study groups. Not literally—your original classmates have long since moved on to other practices and careers. But set up a private study group with between five and ...
Jordan Furlong - May 23, 2011Could you stand to add little more melody to your daily life? Well, if you aren’t already taking advantage of the very wide world of Internet music to modulate your mood and power your productivity, then it’s time you learned a few dance ...
The Editors - May 20, 2011Sometimes, the winning formula is right in front of you. This is often true when marketing your firm online and building its web presence. Many lawyers would benefit from spending just a few hours reviewing the websites of their three top ...
Steve Matthews - May 19, 2011To become known as a top-level firm, you must make care and service for clients your top priority, and view every interaction as a chance to exceed their expectations. While this may seem obvious, you'd be surprised at how often the basics are ...
Mark A. Ivener - May 18, 2011Financial success is not measured by the billable hours you work, but by the amount of cash you actually realize from them. Uncollected receivables are tantamount to an interest-free loan to the client that can eat up your cash flow and ...
Edward Poll - May 17, 2011Quick: Who’s the top personal injury lawyer in your town? Criminal defense? The high-profile lawyers who spring to mind have developed an image, or personal brand if you will, to connect their name to their practice in the mind of the public. ...
Theda C. Snyder - May 16, 2011It’s Friday! If you’re anything like us, you have a long list of must-do’s and want-to-do’s for the coming weekend. Before you ease on out the office door and start checking things off that list, take a peek at this ...
The Editors - May 13, 2011What a strange time to be a lawyer, and worse yet, to be in law school. I suspect that many law students are beginning to feel they are earning a degree in sheepherding, or buggy whip manufacturing. It’s not just the economy. That would be ...
Bruce W. Marcus - May 12, 2011