Think you know your legal trust accounting rules? A flat fee is **not** a non-refundable fee. Nor can you artificially front-load all of your work. You have to legitimately earn the money.
Please join us for our FREE CLE Webinar series this Thursday, September 23rd at 12PM EDT! Register for How to Work With Contract Lawyers to Save Your Firm Money, Increase Profits, and Get Your Life Back Guest Presenter: Lisa Solomon Outsourcing is the wave of the future. But it doesn’t necessarily mean sending work overseas, […]
As legal professionals join the project management party, hopefully they can benefit by arriving late. Other industries have invented project management techniques, many of which were reactions to previous methodologies that didn’t quite work. Software, for example, has seen technique after technique come and go, leaving failed initiatives in their wake.
Case Management Software. Matter Management Software. Legal Practice Management Software. All of these terms and more are frequently used to describe law firm software which, most people agree, does a bunch of stuff. The problem is, most lawyers I talk to don’t know what that stuff is. In fact, many of them never even heard […]
The Golden Rule of Legal Trust Accounting: The money in your trust account is not yours. You can’t touch it til you earn it. The following image sums it up:
Legal Project Management is a good idea, with clear benefits to practitioners. Increased efficiency, better insight into matters, higher accountability among staff, and reduced errors are all hallmarks of well-implemented project management.
In this series we’ll explore the growing interest in project management for legal professionals and discuss advantages and pitfalls learned from experience in the software industry. At a recent legal tradeshow we attended, seemingly everyone was discussing one of two things: cloud computing and project management. If project management is no more than a buzzword […]
It seems to me there’s a win-win for the legions of struggling, newly-minted lawyers and small firms. Small and solo firms, by contracting with these young attorneys, could scale their operations inexpensively, and the recent law school grads would gain experience and some additional pocket change to help pay down their debts.
Skype is amazing. If it were up to me, branding wise, it would have an exclamation mark before and after the name: ¡Skype! I’ll shout it from the rooftops. I don’t care what new VOIP service Google announced today. I’ve been using it for years. But more about the good stuff later. Skype is like […]
Engage a practice management advisor, or “PMA”, in support of the effectual running of your law office. They’re cheap. And often free.