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Wayne Hassay | No-nonsense insight on how legalservice plans work and how they deliver for solo and small law firms. The post Unlocking the Full Potential of Your Legal Practice: How Lawyers Can Leverage LegalService Plans appeared first on Articles, Tips and Tech for Law Firms and Lawyers.
Over the past few years, many law firms have started cryptocurrency practice groups. But are these law firms accepting crypto as payment? Today many law firms accept cryptocurrency as payments. Moreover, it is still unclear whether cryptocurrency is money or property under the law. Getting Paid with Cryptocurrency.
Using legal data for strategic law firm planning is no longer reserved for BigLaw. For law firms, it’s critical to gather intelligence about real-time trends that are creating sharp and sudden changes as well as longer-term trends affecting the overall health of your markets. Long-Term Trends.
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.
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.
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. Some other practice areas, like criminal law, may perpetually operate on a “rush” basis, and others on contingency. I’ll admit I’m a bit neurotic and controlling.
The post Fully Fixed-Price LegalServices: How Your Firm Can Make the Switch appeared first on Articles, Tips and Tech for Law Firms and Lawyers. Adam Philipp | Learn how to shift from hourly billing, set fair prices, and improve efficiency. Explore our seven lessons learned.
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.
Diane is honored by LegalServices Corp – Pro Bono Service Award for establishing the Self Help Center at the Arizona Bankruptcy Court. The LSC is an independent nonprofit established by Congress in 1974 to provide financial support for civil legal aid to low-income Americans. Bankruptcy Court Self-Service Center.
A majority of New York City Council members on Monday sent a letter to Mayor Eric Adams urging him to drastically increase funding for legal aid services in the city. ” The letter, authored by Councilperson Shaun Abreu, a former tenant rights attorney, referenced several issues facing legalservices in the city.
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 Law Firms and Lawyers.
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.
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.
Australian federal Attorney-General Mark Dreyfus Monday announced that $14.7 million will be dedicated to improving sexual assault laws across the country. In June 2022, New South Wales introduced new consent laws that more clearly defined consent and gave new directions for juries in sexual assault trials.
If your marketing strategy is not getting your law firm the search rankings or lead conversions you strive for, it may be time to reevaluate. As an attorney, thought leadership content may consist of: Content on industry trends or changes. Building a Thought Leadership Strategy for Your Law Firm. Industry content.
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 law firms. First, Why Is Social Media Important for Law Firms?
Sooner or later, every lawyer in solo or small firm practice asks themselves whether they should create a law firm website — or how long they can put it off. Given all the unknowns — cost, scope, disruption — they may wonder whether launching a law firm website is really necessary, especially if they already have a robust digital presence.
As a solo law firm, 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 Law Firms , the average small lawattorney spends less than 60% of their time on the practice of law.
Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. That doesn’t mean, however, that law firms 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.
Depending on your point of view, there’s either lots new or “not so much” new with law firm ownership. In a nutshell, it says that lawyers must own law firms. 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.
If you are looking for ways to improve your law firm’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. Brand awareness and trust are crucial factors when someone chooses a law firm.
The difference today is that the remote or hybrid work models being discussed affect the entire law firm ecosphere — beyond the partners to the business professionals and support staff. A hybrid work model, which allows for both in-office and remote work, is taking root in law firms across the country. Now we just call them lawyers.)
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 law firm marketing and its regulation.
The community rightly expects, and the rule of law requires, a justice system that is safe and accessible, yet we heard time and again from people who did not trust the system enough to engage in the first place or were let down when they did. ” The federal government is yet to respond to the report’s 64 recommendations.
Virtual law firm status has worked out so well for some firms, they’re making the switch permanent. While firms are announcing their back-to-the-office plans, you may be wondering if it is possible to move your law office to a virtual setting permanently. Benefits of a Virtual Law Firm. Should you? Lower overhead.
How can an attorney increase their overall collection rate, decrease outstanding accounts receivable and substantially reduce time spent on billing? ClientCredit is the first BNPL solution for legal clients on the market and is exclusively available through LawPay. This does not constitute an endorsement by Attorney at Work.
Here’s how to turn law firm hiring and retention challenges to your advantage. Law firms are no exception. As Lawyers Seek Greener Pastures, Talent Retention Becomes Law Firms’ Top Concern. Aderant’s soon-to-be-released Business of Law Survey found that 56% of law firms named talent retention as their number one challenge.
As more states are allowing law firms 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 Law Firm Trade Name 6. Updating the name of your law firm’s business entity is easy.
In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms 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 law firms to re-engineer their legacy economic model.
The post It Can Be Difficult To Estimate The Cost Of LegalServices appeared first on Above the Law. As with eating, clients are less likely to choke on the bill if it's broken up into smaller pieces.
Tower Legal CEO Leslie Firtell says contract staffing will grow in importance this year. The post Contract Staffing: 3 Ways ALSPs Can Support Your Law Firm in Uncertain Times appeared first on Attorney at Work.
Winston & Strawn is offering its clients a lower-cost alternative to outsourced legalservices that uses attorneys trained by the law firm for more routine…
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 law firms, it’s important to gain the trust of your target audience. More Tips on Storytelling by Attorney at Work Authors.
But, really, it’s the law firms that can accommodate the most work, that make the most money. What really separates the law firms that make the money versus those that don’t (make as much of the money ) is how many widgets they can make. It turns of those questions about widget-making weren’t just built for law firm hypotheticals.
That makes the Technology Initiative Grants awarded annually by the LegalServices Corporation all the more significant, as they are among the few funding sources specifically targeting such technology. Statewide LegalServices of Connecticut will use a $150,593 grant to create a cloud-based pro bono portal.
Law firms 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.
Many attorneys will try to rush through the drafting and explanation of a fee agreement. But, there’s so much more that you can do with your engagement agreements, to make them truly engaging (see what I did there), and to set the tone for a more useful attorney-client relationship. Add a Client Communications Clause.
Legal consumer habits are shifting under the feet of attorneys ; and , law firms, rooted in tradition, are feeling the pressure to reduce prices and overhead, while increasing service. Law firms responding to these pressure points are doing so in a number of ways.
Attorneys hate to think of themselves as ‘salespeople’ – but, if you’re a law firm owner/manager, you’re selling things the same way everyone else who owns a business is selling things. Legal consumers are not like you : They don’t know as many Latin phrases as you do. Though, you might not be selling what you think you are.
As we step into 2025, we’ll continue to experience technological evolution at an unprecedented pace that will reshape how law firms 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.
Smith also noted that every lawyer must join their state bar association to practice law in their state. In one such example, Smith found a tweet touting the benefits of an active lifestyle was not germane because it had no “inherent connection to the practice of law.”
To address these challenges, MyCase has partnered with Unbundled Attorney to streamline client intake and onboarding for law firms while connecting them with clients seeking unbundled legalservices. What is Unbundled Attorney? How Does the Integration Work? Not yet a MyCase customer?
By empowering junior attorneys with the tools and strategies they need to work smarter, not harder, law firms can help them achieve success while maintaining a healthy work-life balance. Junior attorneys often find themselves overwhelmed by the demands of the job.
In 2020, the Arizona Supreme Court established its Alternative Business Structure (ABS) program which allows nonlawyers to have an economic interest or decision making authority in a law firm. Specifically the lack of legalservices for low-income individuals and rural communities. The task force report doesnt provide an answer.
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