Law Practice Management Blog

<<   <     Displaying 101 - 120 of 247   >   >>

Eye of the Storm: How Will Alternative Business Structures Affect Traditional Law Firms

Arizona has recently stricken the rule barring non-lawyer ownership in law firms from its professional ethics code.  Utah is creating a sandbox environment to explore the same option.  Mixed ownership law firms are called “alternative business structures,” and they already exist in other parts of the world, most notably the United Kingdom.  It’s only a matter of time before the traditional lawyer monopoly is broken.

Read More

Task(s) at Hand: Tools for Managing Your Practice Responsibilities

It’s likely that you already have a task management system in place – in fact, pretty much every productivity (email) software, or law practice management system has one built in.  But, you may find those lacking in terms of the task functionality.  If you do, there are a lot of great task management tools that focus on that one operation which you could look to.

Read More

Red Flag: Vetting Potential Clients Is Easier With a List

If you don’t have a list of red flags for potential clients, you may end up stepping in it down the road.  Maybe you think those red flags are so obvious, they’re not even worth writing down.  But, they are – if for no other reason than that they speak to your client vetting process, and will keep you in line on close cases. 

Read More

Go Green: An Evergreen Retainer Can Help with Collections

It’s not the only solution available, but one method for dramatically increasing your collections is to adopt an evergreen retainer model.  The way it works is: the law firm sets a retainer amount for an initial client payment; and then, moving forward, it’s the client’s job to ‘top off’ that amount, on a recurring basis, when it falls below a predetermined threshold. 

Read More

<<   <     Displaying 101 - 120 of 247   >   >>