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Wayne Hassay | No-nonsense insight on how legalservice plans work and how they deliver for solo and small lawfirms. The post Unlocking the Full Potential of Your Legal Practice: How Lawyers Can Leverage LegalService Plans appeared first on Articles, Tips and Tech for LawFirms and Lawyers.
Using legal data for strategic lawfirm planning is no longer reserved for BigLaw. This allows firms to find new business opportunities and better understand their real market share. This allows firms to find new business opportunities and better understand their real market share. Long-Term Trends.
Over the past few years, many lawfirms have started cryptocurrency practice groups. But are these lawfirms accepting crypto as payment? Still, cryptocurrency has risks, so make sure you have a clear understanding of cryptocurrency and how your firm can accept crypto payments. Getting Paid with Cryptocurrency.
As an ethics attorney, I am frequently asked about the ethics of subscription legalservices. Here is my story of how the practice hatched from an idea to a full-fledged service line. To be perfectly honest, the idea for offering a subscription service was hatched long before I could put the word “subscription” to it.
Sooner or later, every lawyer in solo or small firm practice asks themselves whether they should create a lawfirm website — or how long they can put it off. Maybe you have started by claiming a free Google business profile for your lawfirm and using social media to connect with potential clients.
With the right strategy, you can build your brand authority while establishing relationships with potential clients and other legal professionals. Since implementing a successful social media strategy can take some trial and error, here are some basic social media tips for lawfirms. Nearly four billion people use social media.
A LegalServices Network, or an LSN, can open new paths of revenue while introducing your firm to great lawyers from abroad. The post How a LegalServices Network Drives Sustained Global Growth appeared first on Attorney at Work.
The difference today is that the remote or hybrid work models being discussed affect the entire lawfirm ecosphere — beyond the partners to the business professionals and support staff. As firms make plans to return to the office in the coming months, many are looking to adopt remote work 20% to 50% of the time.
Depending on your point of view, there’s either lots new or “not so much” new with lawfirm ownership. In a nutshell, it says that lawyers must own lawfirms. But critics contend the rule contributes to low innovation and the high cost of services and is a considerable factor in the country’s access to justice problem.
As more states are allowing lawfirms to use trade names instead of maintaining the outdated requirement that firms be named after current or former partners, you may be considering rebranding your firm. Wait for the State to Approve Your LawFirm Trade Name 6. Call the Bank Again 7.
Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. That doesn’t mean, however, that lawfirms and litigation support teams have been quick to embrace them. Despite their benefits, many legal organizations have been hesitant to implement AI tools. AI Hesitation.
If your marketing strategy is not getting your lawfirm the search rankings or lead conversions you strive for, it may be time to reevaluate. Here’s how building a thought leadership strategy can help your firm reach its goals. Developing yourself or your firm as a thought leader takes time. Industry content.
For nearly 30 years, Bob published a newsletter under the banner of “What’s Hot and What’s Not” in the legal profession. When the reports went digital, several of them were featured on Attorney at Work. I lack both the breadth and depth of his knowledge and tend to more narrowly focus here on lawfirm marketing and its regulation.
Virtual lawfirm status has worked out so well for some firms, they’re making the switch permanent. Virtual Firms Aren’t Always 100% Remote. While the term “virtual” lawfirm may sound like everyone works 100% remotely, it’s not about where you are working. Should you?
The post Fully Fixed-Price LegalServices: How Your Firm Can Make the Switch appeared first on Articles, Tips and Tech for LawFirms and Lawyers. Adam Philipp | Learn how to shift from hourly billing, set fair prices, and improve efficiency. Explore our seven lessons learned.
How can you keep good people from leaving your firm — quietly or otherwise? Here’s how to turn lawfirm hiring and retention challenges to your advantage. Lawfirms are no exception. As Lawyers Seek Greener Pastures, Talent Retention Becomes LawFirms’ Top Concern. Flip the Script on Geography.
If you are looking for ways to improve your lawfirm’s online presence, one strategy is to get more five-star Google reviews. Even if your clients are satisfied with your legalservices, it can be challenging to get them actually to leave a review. Visitors to your website are likely looking for legalservices or advice.
As lawyers, we are in a service industry. However, I suspect most of us did not sign up to be on call to provide legalservices 24-7. The post Adding Rush Rates for LegalServices appeared first on Attorney at Work. I’ll admit I’m a bit neurotic and controlling.
Specialized bankruptcy software is transforming the way attorneys manage these cases, making the process more efficient and accurate. Navigating bankruptcy cases can be complex and time-consuming for attorneys, especially with shifting regulations and extensive paperwork.
In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why LawFirms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legalservices are delivered and will force lawfirms to re-engineer their legacy economic model.
Tower Legal CEO Leslie Firtell says contract staffing will grow in importance this year. The post Contract Staffing: 3 Ways ALSPs Can Support Your LawFirm in Uncertain Times appeared first on Attorney at Work.
LLMs and generative AI are revolutionizing text generation and comprehension, and the legal industry is feeling their impact. The post How LLMs and Generative AI Can Transform LegalServices appeared first on Articles, Tips and Tech for LawFirms and Lawyers.
In the legal world, this means developing a narrative around your firm that builds feelings of attachment, emotional investment and a strong connection with your target clients. For all businesses, but especially lawfirms, it’s important to gain the trust of your target audience. Storytelling Builds Trust.
Those predictions have fallen flat across the legal sector. Instead, in the past decade, the popularity of legal project management has grown exponentially. Offering a legalservice is, of course, quite different from developing a new disinfectant, or building a software application or a material object.
Lawfirms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. Increasing law practice specialization.
Get free e-book How do you make your firm the go-to choice for clients? The answer lies in your lawfirm branding. A lawfirms brand is an identity that communicates your expertise, builds trust, and sets you apart from competitors. What does your firm stand for? Heres how: 1. Who do you serve best?
As we step into 2025, we’ll continue to experience technological evolution at an unprecedented pace that will reshape how lawfirms operate. The continuous evolution of legal technology is not just a trend; it’s a fundamental shift in how legalservices are delivered, managed, and experienced.
Law specialization has become increasingly common — almost a necessity. . Abraham Lincoln, licensed to practice law in 1837 in Illinois, may be the archetypal general practice attorney. The Lincoln Legal Papers Project identified over 5,600 cases and nearly 100,000 documents related to Lincoln’s law practice.
Legal directories are online platforms where attorneys and lawfirms showcase their expertise, credentials, and services. These directories serve as a vital resource for potential clients seeking legal help, offering quick access to detailed attorney profiles categorized by practice area, location, and reviews.
The post LawFirm Management: Key Insights and Strategies for Success appeared first on Rocket Matter. Get free e-book Legal brilliance alone doesn't guarantee the success of a lawfirm. Running a thriving practice requires a strong foundation in lawfirm management. Staff Management.
How can an attorney increase their overall collection rate, decrease outstanding accounts receivable and substantially reduce time spent on billing? BNPL can be a game-changer for your firm, and adding it as one of your accepted payment methods is about to get even easier with ClientCredit, a new offering from LawPay.
Contract attorneys have made it possible for legal organizations to level up their teams’ expertise without increasing headcount. . Lawfirms didn’t let the pandemic get in the way of profitability or performance in 2020. Corporate law departments made structural shifts as well.
But not all legal CRMs are created equal. Look for these six features when choosing a legal CRM—and put them to work for your lawfirm. For example, using “Speak to an attorney” is more effective than a commonplace “Contact us” button. 2. Download the Infographic Now 1.
The post 4 Common Challenges LawFirm Workflow Management Can Solve appeared first on Rocket Matter. From tracking deadlines by hand to sifting through spreadsheets for case updates, using outdated methods can quickly drain even the most seasoned attorneys productivity and unnecessarily increase operational costs.
Winston & Strawn is offering its clients a lower-cost alternative to outsourced legalservices that uses attorneys trained by the lawfirm for more routine…
The post How to Grow Your LawFirm: 10 Strategies for Sustainable Success appeared first on Rocket Matter. Get free e-book If youve been proactively working to grow your lawfirm , you know firsthand that the road to business success is fraught with challenges. The question is, whats the best way to grow your lawfirm ?
The post 4 Common Challenges LawFirm Workflow Management Can Solve appeared first on Rocket Matter. From tracking deadlines by hand to sifting through spreadsheets for case updates, using outdated methods can quickly drain even the most seasoned attorneys productivity and unnecessarily increase operational costs.
As a solo lawfirm, you are small but mighty — able to run a lean business operation, offer customized and competitive pricing, and outperform your BigLaw competitors through personalized legalservices delivery. Small LawFirms , the average small lawattorney spends less than 60% of their time on the practice of law.
But, really, it’s the lawfirms that can accommodate the most work, that make the most money. What really separates the lawfirms that make the money versus those that don’t (make as much of the money ) is how many widgets they can make. Ah, the Gilded Age, indeed. Lawyers often think it’s pricing, that makes them money.
No one knows for sure what the future will look like for legalservices. If you’re concerned about your practice and looking for an effective business development technique, I have a suggestion for you: Develop an industry focus, like a niche lawfirm. Starting Down the Niche LawFirm Path.
A lawfirm answering service manages client calls and website live chats on behalf of a lawfirm by answering, addressing, and forwarding calls and communication as needed. Think of it like a legal virtual receptionist. With legal answering services and virtual receptionists, lawfirms can lighten the load.
Ebooks can help your lawfirm showcase its experience while improving the number of leads for new clients. Keep reading to learn why you should consider publishing an ebook for your lawfirm. If your lawfirm has never published an ebook, you might question the relevance of doing so. Examples for LawFirms.
Legal consumer habits are shifting under the feet of attorneys ; and , lawfirms, rooted in tradition, are feeling the pressure to reduce prices and overhead, while increasing service. Lawfirms responding to these pressure points are doing so in a number of ways.
Small lawfirms generally have it pretty good, in that they’ve mostly had to compete only against other small lawfirms, that aren’t particularly innovative either , and that also don’t spend money aggressively to build their businesses. So, yes: Walmart can open lawfirms. That’s a whole new ball game.
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