Everything about coronavirus seems to change almost daily, but as of this writing nearly 17 million people filed unemployment claims in the U.S. in just three weeks. How it shake out in the legal profession?
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Bookworm, bibliophile, or—dare we say—brainiac? Whatever your preferred euphemism, it probably describes just about any legal professional, for whom a voracious appetite for the written word and knowledge is more than a nice quality; it’s a job requirement. Aside from dwindling shelf space, ravenous readers are often most aware of the cost of building their […]
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Some lawyers avoid collecting unpaid legal fees because the process makes them acutely uncomfortable or they’re concerned about a bar complaint that could result. While some clients may indeed take offense at your efforts to collect money owed you, using appropriate, empathetic, and consistent follow-up can lead to better client communication and interaction, improved cash […]
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I recently attended legal industry technology guru Barron Henley’s presentation, “Champagne Technology on a Beer Budget.” We learned plenty of information to help make a law practice more efficient and productive — all while saving tons of money! Here are a few helpful tips.
Read More…Get tips on how to improve your collections and billing realization rates. While there are many financial metrics that require constant monitoring in a law practice, only two tell you if you are actually earning what you think you earn: Collections Realization Rate: the percentage of fees billed that you collect. Billing Realization Rate: the […]
Read More…Learn what you can do to make each of your clients feel like your #1 VIP. If you asked any state bar association to name the most frequent complaint received about attorneys, the odds are great that it would involve communication. Failure to return phone calls, failure to adequately communicate during representation, failure to keep […]
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