Small Law Firm

law firm accounting
Law Firm Accounting: What’s in Your Law Firm’s Profit & Loss Statement?

Most small and solo law firms are working with financial statements that don’t give them the information they need to make informed business decisions. Here's a sample P&L for a law firm that looks like what I typically see.

Annette Fadness - October 10, 2024
formula for making 1 million
The Winning Formula for Making $1 Million As a Law Firm Owner

In law school, you were trained to win. You started your career to win. And you started your own firm to prove you could win as a business owner — not just as a lawyer. Yet, years into practicing law, many firm owners do not feel like winners. ...

Sasha Berson - October 8, 2024
hire a paralegal
Top 6 Reasons to Hire a Paralegal Over a Lawyer

Your firm is busy. Resist the knee-jerk reaction to hire another lawyer. Instead, assess whether hiring a paralegal can fill the need. Consider hiring a freelance paralegal to manage varying workloads without long-term commitments, reducing ...

Roy S. Ginsburg - October 7, 2024
cybersecurity awareness
Law Firm Cybersecurity Awareness: Training for Employees Has Never Been More Critical

One of the most overlooked aspects of cybersecurity is training for law firm employees.

Michael Maschke, Sharon Nelson and John Simek - October 7, 2024
ChatGPT for lawyers
ChatGPT for Lawyers: A Lot More Valuable Now

Follow along with Sharon Nelson, John Simek and Michael Maschke as they explain how AI tools are revolutionizing the legal industry and what that means for users. AI tools are revolutionizing the legal industry by enhancing efficiency in various ...

Michael Maschke, Sharon Nelson and John Simek - October 4, 2024
prompt guide for chatgpt
ChatGPT Prompts for Lawyers: OpenAI’s Prompt Guide for ChatGPT

Sensei's experts share takeaways from OpenAI's ChatGPT for lawyers. A prompt guide that offers tips on keeping out of ethical trouble when using ChatGPT.

Michael Maschke, Sharon Nelson and John Simek - October 2, 2024
Scale LLP
In Transition: Can New Ways of Practicing Law Restore the Legal Profession?

Called the "Wave of the Future" by Reuters, Scale LLP is a full-service law firm built by Silicon Valley founders and GCs to provide an alternative to a traditional private practice.

Scale LLP - September 25, 2024
solo practitioner
6 Lessons From My First 6 Months as a Solo Practitioner

If you’re on the fence about whether to start your own practice, these tips from Robert Theofanis may inspire you to make the leap.

Robert Theofanis - September 12, 2024
How to Hug a Porcupine
Book Review: How to Hug a Porcupine

Book Review | "How to Hug a Porcupine" is full of practical tips for dealing with prickly people.

Susan Cohodes - August 13, 2024
law firm invoicing process
Want to Get Paid Faster? 5 Ways to Fix Law Firm Invoicing

Invoicing is one of the most important processes to get right.

David Skinner and Karen Skinner - August 8, 2024
envelope

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