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Grow: Perform a “Health Check” Your Law Firm’s Processes

Perform a “Health Check” When Growth Out-Paces Your Firm’s Processes

Note: The following is an excerpt from a new eBook titled 15 Ideas for Getting a Jump-Start on 2015 which is freely available with registration. With the economy finally easing back into optimism mode, many law firms are now in the enviable position of having to cope with a welcome shot of growth. That’s good news in every way for an industry that ... Read More »

Friday Share:  A Legal Billing Conference in Illustration

A Legal Billing and Finance Conference in Illustration

What happens in Las Vegas isn’t staying in Las Vegas – at least if it was captured in an illustration format.   A short while ago we published the LegalTech Show in Illustration and earned good feedback – there’s power in doodling. When it came time to host more than 100 law firm billing, accounting and finance professionals for the 2015 ... Read More »

Attorney Time Saver:  Firm Manager Releases Batch Invoicing

Firm Manager Invoice complete-small

Most small law firms – about 62% of solos and duos – spend roughly 8 hours a month on billing processes including invoicing.  About a quarter spend upwards of 16 hours a month.   There are handfuls that can spend more according to a law firm billing survey LexisNexis published in August of 2014. The business case for efficient billing process ... Read More »

Ready, Set, Get Your Small Law Systems in Check

Get Your Small Law Systems in Check

Note: The following is an excerpt from a new eBook titled 15 Ideas for Getting a Jump-Start on 2015 which is freely available with registration. The more practitioners rely on technology to manage their law offices, the more important it is to have a solid understanding of how these systems operate and how they can be used to streamline office operations. Resolve to ... Read More »

The Two Simple Drivers of Law Firm Profitability

The Two Simple Drivers of Law Firm Profitability-3

Finding the bottom line, or net profit, at law firms is not easy. Law firms aren’t widget makers, and the business model is unique because the model centers on people not widgets. At the same time, any firm that wants to stay in business has to establish a framework for understanding the drivers of profitability at your firm: The simple ... Read More »

CPA:  How to Fairly Calculate Timekeeper Profitability Ratios

How to Fairly Calculate Timekeeper Profitability Ratios

Note: The following is an excerpt from a new eBook titled 15 Ideas for Getting a Jump-Start on 2015 which is freely available with registration. One concept that my CPA firm is working with several law firms on is adopting an objective way to gauge and compare the profitability of individual producers, all the way from paralegals to partners. For obvious reasons, most ... Read More »

Infographic Friday:  Social Media Use by Law Enforcement

Social Media Use by Law Enforcement-header

Last fall our sister division in LexisNexis Risk Solutions released a study – and an infographic — that might be of interest to our law firm clients practicing criminal defense law.  It’s this week’s Friday Share. The study – a survey of 496 law enforcement officials conducted through the online community PoliceOne.com – found that while social media is an ... Read More »

Hot Legal Links and the Top 10 Posts You Might Have Missed

top 10 legal

In the year that’s passed since we launched this little blog, we’ve been amazed at the growth in readership. In 12 months or so, this blog has earned hundreds of thousands page views (and that continues to grow).  A huge “thank you” is in order for reading, engaging, sharing and otherwise, spending a few moments of your day with us. For ... Read More »

Build a Full-Service Practice Without Spending a Penny

Build a Full-Service Practice Without Spending a Penny

Note: The following is an excerpt from a new eBook titled 15 Ideas for Getting a Jump-Start on 2015 which is freely available with registration. Do you think it’s possible to build a full-service practice, serve your clients more fully, and develop a new income stream – all with no outlay of cash? It’s as simple as forming alliances with other attorneys ... Read More »

SlideShare Friday:  Small Law Cloud Best Practices

Cloud Best Practices for Small Law

The conversation about cloud computing for law firms has changed, according to a recent panel at LegalTech NY.  It’s no longer a question of is the cloud secure, but rather a question of how we can make it more secure. In order to improve on an idea, small law must have a baseline understanding of the cloud.  We recently spotted ... Read More »