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The Cost of Switching Law Firms

If you are a partner considering a move to another firm, you probably have two main reasons. The first almost always involves money. The second usually concerns personality factors or firm culture. That’s shorthand for “I’m working with a bunch of jerks.” The business side of the consideration is fairly straightforward. For starters, you need to determine how […]

Originally published June 6, 2011
Last updated June 22, 2013
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Stop, Look and Listen

We know you’re interested in learning. Why else would you be here? If your brain merely chews up printed text and spits it out, you’ll especially love this week’s Friday Five. We’re serving up five alternatives to the written word when it comes to practice management know-how. Check out these online audio and video files […]

Originally published June 3, 2011
Last updated June 22, 2020
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T-Rex with open mouth jerks at work

Say What?

I got an email from one of the younger partners the other day and, frankly, I couldn’t figure it out: “snicker77: why not? @fiddle @sweaterneck @sideways = Curmudgeon?” Upon investigation, I learned that he had pasted a “tweet” into an email for me, since he knows I don’t use Twitter and wouldn’t otherwise receive it. I resisted the […]

Originally published June 2, 2011
Last updated April 28, 2018
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Don’t Touch That Typo!

Want to know the single fastest way to speed up your typing? Stop manually correcting your typos as you’re writing. Just stop doing it! Correcting as you type is a surefire way to slow yourself down. It’s a classic illustration of you working for your computer, when it’s supposed to be the other way around. Ignoring your typos […]

Originally published June 1, 2011
Last updated May 6, 2018
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Email Signatures: Valuable Real Estate

Your email signature may be a tiny element in the scheme of your marketing, but it can be the most concise and consistent way to communicate who you are and where to find you. E-signatures have come so far in the past couple of years that email addicts revere and rely on them as much […]

Originally published May 31, 2011
Last updated October 16, 2018
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Graduation Season Survival Kit

Spring is time for new beginnings and sweet endings. If you’re not choosing a wedding gift for a June bride, you’re writing a check for a graduating nephew or two. There’s just something about this time of year that fills us with a sense of expectation, and casts our thoughts to the inspirational. So today we take a look at graduation, with good resources to get you through it all.

Originally published May 27, 2011
Last updated May 11, 2020
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Not Your Father’s Exit Plan

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 play in your ability to exit well, the better you’ll come out. Here are five assets to consider.

Originally published May 26, 2011
Last updated April 10, 2018
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Write a Better Job Description

When you make a bad hiring decision, it is usually because you don't really know what you are looking for. So, what can you do to make sure the interview accurately reflects the nature of job and reveals the candidate’s suitability?

Originally published May 25, 2011
Last updated February 9, 2020
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Planning for Flat-Fee Billing

Thoughtful 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 of flat-fee billing, but you must continue to track how much time it takes to do things. Your timekeeping data will become a powerful planning tool—and you will get better at estimating what fee you need to charge to cover your investment and make a profit. Here are five things to consider when making the shift to flat-fee billing.

Originally published May 24, 2011
Last updated April 9, 2018
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Revive Your Law School Study Group

Today’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 10 other lawyers whose practices overlap, but don’t completely coincide, with yours. They’d be in the same general practice area and the same basic jurisdiction, but their specialties and focuses would differ slightly.

Originally published May 23, 2011
Last updated October 12, 2024
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