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ABA Ethics Committee Provides Tech Guidelines for Practicing Remotely

Wednesday, April 7th, 2021

On March 10, the American Bar Association’s Standing Committee on Ethics and Professional Responsibility published Formal Opinion 498 permitting the virtual practice of law. A year into pandemic shutdowns which […]

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The Most Important Business Development Strategy for Solo Practitioners

Wednesday, March 24th, 2021

According to a report from Clio entitled “Legal Trends for Solo Law Firms,” revenues for solo law practices fell by 5-7% more than those of larger firms at the start […]

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Law Firm Cost Cutting Led to Greater Profitability in 2020, But That’s Not a Sustainable Business Development Strategy

Wednesday, February 17th, 2021

Thomson Reuters’ Peer Monitor Index, issued earlier this month, draws attention to the root of the strong profit growth with which law firms ended a turbulent year. With some practice […]

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Avoid Leaving Money on the Table With Google’s Business Directory

Thursday, February 11th, 2021

Traditionally, consumer-facing law firms have paid much more attention to online reviews on places like Yelp and Avvo than their B2B counterparts. But even firms that cater to businesses should […]

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How to Avoid Getting Stiffed by Clients at the End of a Representation

Wednesday, February 3rd, 2021

Clients are less likely to pay their lawyers toward the end of a representation. This is especially true for hourly work and those situations where the client has already paid […]

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ABA Ethics Committee Issues Guidance for Online Reviews

Wednesday, January 27th, 2021

On January 13, the American Bar Association’s Standing Committee on Ethics and Professional Responsibility issued guidance for responding (or refraining from responding) to negative online comments and reviews. The core […]

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2021 State of the Legal Market

The Outlook for Small, Large, and Mid-Sized Firms After 2020

Wednesday, January 20th, 2021

The 2021 Report on the State of the Legal Market, published by Thomson Reuters and Georgetown Law’s Center on Ethics and the Legal Profession, suggests that 2020 may over time […]

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Train Your Lawyers to Discuss Fees

Wednesday, January 13th, 2021

Managing partners and other law firm leaders can be reluctant to allow junior lawyers to discuss fees with potential clients. One of the recurring concerns is that the associate might […]

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The Best Way for Law Firms to Increase Their Profitability in 2021

Wednesday, January 6th, 2021

If you want to increase law firm profitability, you have to track it relentlessly and share the results of your analysis widely.   Although profits-per-partner has become a widely known […]

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The Most Important Trend Impacting Law Firms in 2020 – And It’s Not COVID

Wednesday, December 30th, 2020

The biggest news story of 2020 has been, of course, the pandemic. But that hasn’t been the most significant trend impacting law firms. COVID-19 sped up quite a few processes […]

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