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Browsing the 'crisis' tag

Busy family home with Mom working and dad cooking

What Firms Can Do to Help Staff With School-Aged Children

Wednesday, September 23rd, 2020

There is compelling anecdotal evidence that workers with school-aged children are having an especially hard time dealing with the present situation. When the pandemic began, it was the virus itself […]

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Turbulent Ocean

Troubling Signs for Non-Equity Partners

Wednesday, August 5th, 2020

The legal services industry, along with much of the country, is coming to terms with the reality that COVID-19 is not the short, temporary interruption many had hoped. We are […]

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bundles of US 100 dollar bills

Increase Your Firm’s Cash Reserves

Wednesday, July 1st, 2020

As we reach the mid-point of the calendar year, law firms should be evaluating key financial metrics. It’s a great time to begin tax planning for the full year and […]

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business men tug of war

California SB-939 Signals Potentially Major Changes in Real Estate Leasing

Wednesday, June 17th, 2020

Businesses in California will have an opportunity to rehash traditionally long-term leases if Senate Bill 939 is passed. Applicable to commercial tenants who have experienced a decline in average monthly […]

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Fishes in group leadership concept.

COVID-19 Will Hasten the Decline of Small Law Firms

Wednesday, May 27th, 2020

Everyone knows that “small businesses are the backbone of the U.S. economy.” This notion is so widespread that it obscures what has actually been happening over the last two decades. […]

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Asian business man wear face mask and he is being fired because of economic downturn due to the covid-19 spread all over the world

The Plight of Law Firm Marketing Departments

Wednesday, May 20th, 2020

We’ve begun to see a disturbing trend in professional services as organizations respond to the economic impact of the coronavirus. Faced with an uncertain future and looking to cut costs […]

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Covid-19 Presents Lobbying Opportunities for Law Firms

COVID-19 Presents Lobbying Opportunities for Law Firms

Wednesday, April 29th, 2020

The rapid expansion of law likely to follow the COVID-19 crisis presents a unique opportunity for smaller firms and solo practitioners to get involved in lobbying efforts. While larger and […]

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succeeding planning in the age of Coronavirus

Succession Planning in the Age of Coronavirus

Thursday, April 9th, 2020

The increased importance of succession planning that preceded the onset of coronavirus may only ramp up as a result of the pandemic. The difficulties of running a law firm or […]

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Cash Flow in a Crisis

Cash Flow in a Crisis

Thursday, April 2nd, 2020

In our last post, we advised firms against letting go of personnel as a first resort in this time of crisis. That was published before the Small Business Administration launched […]

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should law firms let their employees go-close up of business colleagues showing unity by putting hands together

Should Law Firms Let Their Employees Go?

Wednesday, March 25th, 2020

The present situation is bringing a few harsh realities to light. One is that the biggest threat to law firm survival is running out of cash. And the biggest expense […]

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