Back to Basics: (Part 1) Fine-Tuning Your Legal Practice Management

This post is part one of a two-part series that focuses on getting Back to Basics in your law practice. Please read part 2 here, Improving Your Law Firm’s Financials. We all want to implement quality practice management, and most lawyers know what that should look like for their firm on a strategic level. But if we dial it back … Read More

The Ethics of Outsourcing for Law Firms

Law Firm Outsourcing

The average lawyer spends only 2.5 hours a day on billable client work. So while working at or running a law firm sometimes calls on one person to wear many hats, revenue growth is limited when lawyers are already spread thin. As a method of handling this workflow and focusing more time on billable hours and client service, many lawyers … Read More

Lawyer Life: Is It Time to Rethink the Long Hours?

Long Working Hours

The legal world is infamous for its long work hours. Lawyers have a lot to accomplish in a day, and you can’t punt much of it to next week because next week will be busy, too. While there’s undoubtedly a level of pride in putting in the time to do your work well, the practice of overworking day after day … Read More

What to Do When Your Law Firm’s Client Won’t Pay

Client Non Payment

Following up on collections with clients is unpleasant and stressful for all involved. When things come to this point, there are often a series of individual decisions to be made about how to deal with a particular client and situation. But even if you choose to pursue payment, you likely won’t receive all, or even a substantial percentage, of what … Read More

How (and Why) to Avoid Write-Offs in Your Law Office

How much of your work are you writing off? The average law office writes off about 14% of their bills annually, with discounts increasing each year. If your office gives an average amount of write-offs, and you calculate your bills for a 30% profit margin, then those write-offs eliminate almost half your profits. Ouch! Why write-offs happen To reign in … Read More

5 Tips to Help Your Law Firm Convert Leads to New Business

Prospects and Clients folders

New leads can generate real and understandable excitement in a law firm. But when it comes to converting those leads or prospects into actual clients, there’s often still work to be done—and sometimes in a different vein than lawyers realize. In converting a lead, you’re not just trying to convince them you could offer quality legal support. You’re trying to … Read More

Taking the Mid-Year Financial Pulse of Your Law Office

Financial Pulse

Knowing where your law firm stands financially is always a wise practice, but checking your firm’s financial pulse halfway through the year can be particularly helpful. If you need to make adjustments, they’re easier to implement now than at the year’s end. Barring any significant tangles, we recommend going through these tasks yourself—even if you’d prefer to hand some of … Read More

Keeping Your Law Firm Safe in the Cloud: External Factors

Keeping Your Law Firm Safe in the Cloud - External-Factors

This article is one half of a two-part series on cloud security and Keeping Your Law Firm Safe in the Cloud. Read more about your law firm’s security in the cloud in the accompanying post, Keeping Your Law Firm Safe in the Cloud: Internal Factors. Cloud-based storage comes with numerous benefits. You and your team can access information from anywhere, … Read More

Keeping Your Law Firm Safe in the Cloud: Internal Factors

Keeping Your Law Firm Safe-in-the Cloud - Internal-Factors

This article is one half of a two-part series on cloud security and Keeping Your Law Firm Safe in the Cloud. Read more about your law firm’s security in the cloud in the accompanying post, Keeping Your Law Firm Safe in the Cloud: External Factors. Cloud-based practice management systems and storage can lighten the clerical load for your whole staff, … Read More

How and When to Raise Your Law Firm’s Rates

Law Firm Rates

Many law firms fear raising their prices because they worry they’ll lose business. While that can happen, undercharging will cost you far more in the long term than losing a few clients. Raising your rates can be done. In fact, it has to be done—to keep up with inflation, retain talent, expand your team, and invest in technology. But it … Read More