Anyone that peruses the list of predictions for the legal industry in 2015 might be struck by a more upbeat tone than in previous year’s predictions.
There is a sense of renewing optimism, cautious as it might be, within the legal community. We can see that reflection in the words of 15 experts in a new eBook we published today titled, 15 Ideas for Getting a Jump-Start on 2015 which notes:
The year we finally move past the endless rounds of cutting “fat” and get back to flexing our profitability muscles.
The year we reawaken our inner optimists, put a touch more bounce in our steps and, dare we say, even get a restful night’s sleep every once in a while.
So what have we learned in these difficult years past?
That the old days are now behind us and the new ways were actually better all along: lean, lithe, agile and more reliant on the technology advances that help us see our way to a new ROI.
The complete eBook is freely available for download with registration – but here’s a hint at what six of these 15 experts have to say.
“From a law practice management perspective, a technology audit is essential to ensuring that your systems are operating effectively, thus allowing you to spend more time billing and less on administrative work.”
“The need for a policies and procedure manual is important, because if they’re not written down, they really don’t exist.”
“Smart firms continue to embrace the changes in the legal profession and in doing so, have opened the doors for increased business development opportunities.”
Related: 5 Questions with a Law Firm CFO
4. Develop a Full-Service Practice with Partners | Ann Guinn | G&P Associates
“…a business attorney could form an alliance with an estate planning attorney who has tax law experience to insure clients that their businesses will transition properly to the right people upon the client’s death, with minimal or no taxes.”
Don’t miss Ms. Guinn’s #LTNY Book Signing on Wednesday! Ms. Guinn will be available in the LexisNexis booth (#100) on Wednesday morning at 10:00 a.m. to sign copies of her book: Minding Your Own Business: The Solo and Small Firm Lawyer’s Guide to a Profitable Practice. The books are complimentary for people who attended her session at LegalTech (LFB3).
5. Good Employees Improve Productivity | Lynn. Myrick | Attorney at Law
“While the last few years of high unemployment may have caused some companies to take their employees for granted, it’s important for law firms to keep in mind that sometimes personal relationships can have a bigger impact on getting or keeping a good client than any kind of technology.”
Related: A Tech Tale of Two Law Firms
“To figure that out takes some introspection and, of course, hard work to see it all come to fruition. But it’s a powerful and usually eye-opening way to learn who you are and where you want to go as an attorney and a practice owner.”
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The complete eBook is well presented and a quick read. Download your copy at no cost here and let us know what you think.
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