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randombusinessoflawthoughts · 8 months

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On average, it now takes 3229 days to make partnership

3229 days – on average that’s how long it will take you to make partnership in 2023. And when I say “partnership”, I’m not talking about equity partnership. Last week (15 August 2023), Marlene Gebauer and Greg Lambert interviewed Laura Leopard, founder and CEO of Leopard Solutions, on their ‘Geek in Review‘ podcast. It’s a really interesting chat around law firm partner succession plans (or lack…

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#BizDevTip #brand #business development #grow your law firm buisness #law firm brand #law firm management #law firm partnership #law firm partnerships #legal services #partnership #personal brand

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theolawfarm · 10 months

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law firm management software | THEO

THEO is a cloud-based law firm management software that helps in automating all your business processes and saves you from manual, time-consuming tasks. It combines back-end and front-end processes seamlessly to streamline a wide range of tasks like matter management, client management, court diary management, updates, GST, BI reports, and many others.

#law firm management software #law firm management

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nationallawreview · 1 year

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Episode 5: What’s New In Law Firm Thought Leadership? with Alistair Bone, Vice President for Passle

Welcome to Season 2, Episode 5 of Legal News Reach! National Law Review Web Content Specialist Shelby Garrett sits down with Alistair Bone, Vice President with Passle, to catch up on the latest in law firm thought leadership trends. What are four strategies for content marketing success? How can current events play a role in brand development? And why is thought leadership more important—and…

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#content marketing #law firm management #Legal business development #legal career development #social media marketing for lawyers #thought leadership

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pilmmalawmarketing · 2 years

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Best Practices for Remote Law Firm Management 2022 During the Height of the Covid Pandemic, many law firms across the country became 100 remotely operational.

During the Height of the Covid Pandemic, many law firms across the country became 100% remotely operational. Law firms realized they could remain highly functional and productive while operating thanks to high-speed internet, digital capabilities, robust case management software, paperless document systems, and remote platforms like Zoom and DocuSign.

We now know that a law firm doesn’t “need” everyone sitting in their office cubicles and meeting in literal conference rooms in order to get the work done. Law firms can remain functional and operational in a remote model, with most if not all your employees working from home- but should we continue doing so? What are the Pros and Cons?

PILMMA (Personal Injury Lawyers Marketing & Management Association) works with law firms all across the country. Here’s what we’ve found out: Some employees were MORE productive when they worked from home during the pandemic Some employees were less productive when they worked from home. Some employees couldn’t wait to get back to the office Some employees wanted to continue to work from home- if not all the time, at least part of the workweek. HARVARD STUDY For the past five years (well before Covid-19), Harvard Business School Associate Professor Prithwiraj Choudhury started studying a number of companies that implemented WFH (Work from Home) or WFA (Work from Anywhere) into their long-term business models. His study included organizations such as TCS, Zapier, and even the United States Patent and Trademark Office, which alone has several thousand employees working remotely.

THREE BIG BENEFITS with REMOTE OPERATIONS: Dr. Choudhury’s research uncovered several benefits to both business entities as well as individual employees.

Employer Benefits: Increased employee productivity Decreased real estate/overhead costs and Hugely increased potential talent pool for new hires Employee Benefits: Increased quality of life Better work-life balance and Financial benefits like the flexibility to live in other locations where living costs are lower and eliminating commute expenses Choudhury also notes that “Millennials seemed captivated by the idea that working from anywhere would allow them to become ‘digital nomads,’ traveling the world while still employed.”(Choudhury, “Our Work from Anywhere Future,” Harvard-Business Review, Nov/Dec. 2020)

And let’s face it – lots of Law Firm owners discovered they LIKE working from home, too. There’s something to be said for managing a law firm from your back porch in your gym shorts or jammies, right? It is only natural that some of your employees who spent months with the freedom to do the same thing aren’t eager to resume the post-pandemic work schedule with long commutes, business attire clothing budgets, and the inflexible trappings that come with working in the brick and mortar building each day. Some just want to spend more time with their pets.

But whatever the individual employee’s motivations may be, the bottom line is that, like in so many other ways – the pandemic changed the way many people think about life and work. As this blog posts, PILMMA is hosting its PILMMA Mastermind Meetings in Key West and this very subject was one of the big topics many of our lawyers wanted to toss around – there were strong feelings and opinions.

Some members think it’s great and want to embrace this newfound flexibility. Other law firm owners in the group think it’s a terrible idea and don’t have any intention of allowing a single employee to work from home ever again if they can help it. (If you want to find out more about PILMMA Mastermind groups and if we have a place for you, go to www.pilmma.org)

But like Dorothy in The Wizard of OZ, we aren’t in Kansas anymore. The post-pandemic world has changed us and the world around us. It’s changed how many people live, work and play. It’s changed how many employees feel about their work-life and home life. It’s changed how many laws firm owners view their business, too.

And here’s the reality: We all know that happy employees usually mean increased productivity, improved customer service and higher staff retention. That being said, even if you are conceptionally opposed to the idea of allowing continued WFH options, there are some benefits to the model that merit consideration.

#Law Firm Management

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anotherpapercut · 6 months

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should I fuck around and get a bachelor's degree in fisheries wildlife and conservation sciences through Oregon state university ecampus and just acquire a lot more debt instead of getting another full time job

#minor in marine conservation and management since thats my ideal field......#the closest degree i can get locally to what i want is a general wildlife conservation degree with a focus on river biology basically lmao #and i dont want rivers i want oceans #i got an email from a law firm i applied to do data entry at asking for an interview today #much to think about #i want this degree eventually no matter what ive just been planning to move to a coast first

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onedocx · 6 months

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#case management #document management #lawyer #lawyer for bankruptcies #lawyer au #lawyer for car accident #lawyer firm #law management #documentation #case management software

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ghostzzy · 8 months

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anyway ik i am an afterthought to my dad 99% of the time and i don’t get upset about it anymore but it Is nice to hear that even i have a place in his Big-Shot-Plaintiff’s-Lawyer-Moves-To-California 10-year plan

#he says if it all works out someday i can be an office manager for a firm outside of San Francisco which is.#ngl a literal dream come true location-wise and also like. nepotism-wise.#idk. some grief abt the unlived life here because if i had gone to law school i could help him inherit all these firms on the west coast #and reap the rewards of a damn law empire built on my last name.#but. unfortunately i died at 18yo and never recovered so. rip.#idk life is long maybe someday i become a lawyer. lmao. would be nice to have money. could use it to do some good. who knows.#this is all too much emotionally for not even 9am.#izzy.txt

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attorneycapitalfunding · 10 months

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Law Firm Financial Management

We Support in Financial Options & Management!

Unlock the secrets of success with our comprehensive law firm financial management solutions.

From budgeting to profitability analysis, we'll guide you towards financial stability and growth.

Stay ahead of the game and maximize your firm's potential. Let's thrive together!

#Financial Management #Law Firm Funding #Attorney Funding

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mattersuite · 1 year

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Are you looking for the best legal software solution to efficiently manage your firm? MatterSuite is the most reliable law practice management software in UAE. You can manage your legal task, matters, calendar, etc. in Arabic language and also manage the multi-location office. It supports multi-lingual and multi-location features helpful for big law firms, enterprises, and in-house legal departments.

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dojunie · 2 years

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your theme looks soooo pretty.... low key makes me wanna eat ice cream idk why lmao😭

ice cream 😭 ok im going to tell you a secret......... i was literally Just About to pinterest search for new pfps and theme ideas bc i thought this one didn't fit my vibe...... but since you like it i will leave it for a little longer >:-3c

#dojun answers #anon #like i love the idea of the header matching the bg but this beige and black feels so mature and grown up....#like i write kpop boy fanfic not manage a law firm 😭#but thank you #ice cream theme has a nice ring to it

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randombusinessoflawthoughts · 9 months

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REPORT: Dynamic Law Firms consistently invest more in Business Development than Static Law Firms

The numbers have been crunched and the results are in: ‘Dynamic Law Firms’ invest considerably more in their business development and marketing activities/departments than static firms are willing to do. According to the latest (8th) iteration of Thomson Reuters Institute’s 2023 Dynamic Law Firms Report, Dynamic Law Firms consistently invest greater sums in their business development and…

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#Auslaw issues #BizDevTip #Australian law firms #business development #dynamic law firm #dynamic law firms #Law firm #law firm management #legal services #static law firms #strategy #Thomson Reuters Institute #TRI

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theolawfarm · 1 year

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law firm case management software | THEO Law Farm

Theo is a law firm case management software and best law practice management software. It is suitable for all types of small and large law firm and offices. THEO increases overall efficiencies as the software has the capabilities to retrieve, archive and store client case history data, Case management, case dates, time spent on case or client, associates time history, billing and much more.

#law firm case management software #law firm management #law case management #best law practice management software

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nationallawreview · 1 year

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How Many Websites Now Have Cookie Banners?

A “cookie banner” refers to a pop-up notice on a website that discusses the site’s use of cookies. There is little standardization concerning how cookie banners are deployed. For example, websites can position them in different places on the screen (e.g., across the top of the screen, across the bottom of the screen, in a corner of the screen, or centered on the screen). Cookie banners also…

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#ads #business #cookie banners #cookies #Internet #law firms #legal #media #media management #Social Media #websites

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pilmmalawmarketing · 2 years

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Powerful Leadership and Business Growth in 2022

The actions you take now will set the tone for your practice and the level of success your law firm will experience in 2022! If you want to see real law Firm growth in 2022 and real results, now’s the time to get your law firm “house” in order. The weeks and months to come are critical to your law firm’s future growth and financial stability.

Strive to maintain a proactive vision for your firm rather than a reactionary one. Too many lawyers take the spaghetti approach when it comes to their marketing. Grabbing the latest and greatest “shiny toy” and then trying to make it work for their practice. They throw a lot at the wall and hope that something sticks…. That “grab it and go with it” approach can end up costing you a lot and yet still failing to produce the results and ROI you need. Be Intentional. Know your Numbers. And watch the Data.

As you move into 2022 – do MORE of what is working and cut bait on the strategies that might look and sound great but just don’t work for you, your firm, and your demographic. Be proactive and responsive to your data, but don’t fall into a reactionary decision-making mode where short-term decisions are made from the point of fear or worry or that ultimately short circuits your future opportunities for growth and continued success.

To help YOU continue to move YOUR firm forward in 2022, Consider the “Four P’s” – for Powerful Leadership and Business Growth in 2022. 1) People, 2) Pivot, 3) Process, and 4) Patience. PEOPLE: Now is the time to hold onto your A-players and solidify your relationship with them. If you have B players, now is the time to stop settling for less. The availability of A-players is the highest it has been in over 30 years. Remember: You can’t build a GREAT Law Firm on the backs of average employees! The pandemic forced law firms to go to remote operations, and we have seen first-hand that removed employees can perform superb work! What this means as you move forward is that your potential talent base has increased from a 60-mile radius to a 3000-mile radius! There is no need to limit yourself when it comes to hiring employees, part-time staff, or outsourcing. The world is your oyster when it comes to finding top-notch A-players. Take advantage of this new normal – leverage this opportunity and thrive from it!

PIVOT: When the Coivd-19 crisis occurred- it threw a major monkey wrench into the way you ran your law firm. But it was a sink or swim situation, and you rolled your sleeves up and did a Major PIVOT turning your brick and mortar firm into a fully functional remote operation. Instead of paralysis – you made a major PIVOT. Now that the shutdowns are behind us and the opportunities for 2022 lay in front of you – keep the PIVOTING MINDSET.

Look for new ways to improve productivity and efficiency- it directly correlates to increasing your cash flow Pay more attention to details on intakes Give Your Intake Staff a Much Needed Refresher course so you can INCREASE YOUR CONVERSIONS- Try PILMMA’s new done for you video training modules – INTAKE.2.0- www.pilmma.org Scrutinize “dead” leads Mine your existing Case Databank for New Opportunities- too many lawyers ignore the goldmine they already have…. Let the Data guide your future Marketing and Management Decisions. Go with what is working, and put a halt on strategies that have an abysmal ROI- Run Management Reports so that you know how long it takes for your cases to move through the pipes- and work to shorten the times- Focus renewed energy on management to increase accountability, motivation, and productivity. The bottom line is, instead of just hoping for more growth, success, and profits in 2022, PIVOT towards greater success and growth opportunities.

PROCESS: There is no better time than NOW to work on documenting your firm’s processes. You know how vital processes are for sustainable growth, increased productivity, continued customer service consistency and excellence, etc. Make 2022 the year you make sure all your staff and attorneys’ responsibilities and tasks are memorialized. Take time now to revisit the ones you’ve previously done to see if they are current or could be improved.

Intake: Make sure you review your Intake processes and give your intake staff clear ways to respond to potential clients’ objections. You know what kinds of things should be said to clients sitting on the fence. Make sure your staff and intake department knows as well.

Nurture Leads: Now is also the time to ensure you have a systematized means of nurturing and following up with fence-sitting leads. This low-hanging fruit has already contacted your firm. Make sure you have an email drip campaign, a book, written reports, or other materials to share with them systematically. Top-of-mind marketing tactics work to help you convert leads to clients. Now is the time to make sure your systems are in place and update them with fresh content, shock-n awe materials, newsletters, or other materials.

Medical Records: Now is also the time to look at your Medical Records Department. Ensure that processes are streamlined and efficient and contain the necessary follow-up. Use HIGHTECH to your firm’s advantage if your own state’s laws aren’t as helpful. Remember, under HIGHTECH, medical records must be provided within 30 days of the receipt of your request. Use this law to your firm’s advantage to quickly save money and time getting your medical records in your door.

These are just three areas, but there are many more areas that you could evaluate and update. The important thing is to look objectively at your firm to see where you have gaps and leakage points and then TAKE ACTION to shore these areas up.

Patience: We all need patience, but particularly if we want to be effective leaders and business owners. Patience means mastering the capacity to accept or tolerate delay and difficulties without getting upset but still keeping the ship moving forward. It means being able to put yourself in someone else’s shoes and gently bring them along to where you want them to go. Negative energy does not make for positive attitudes that produce positive results! The best Law Firm owners are strong leaders. If you are weak in leadership skills, aim to make 2022 the year you strengthen these skills. PILMMA teaches law firm owners how to be better leaders and joining a PILMMA Mastermind group surrounds you with other lawyers to help you hone your leadership skills with every meeting.

If you’re feeling stuck or daunted by the prospects of implementing the ideas in this article, you don’t have to go it alone. I’ve built and sold two 7-figure law firms and have helped thousands of lawyers all across the country realize their dreams of greater law firm success. I’ve been in your shoes, and that’s why I started PILMMA. WE are committed to helping lawyers just like you. Shoot me an email or call our office and ask Darlene to set up a conference call so you and I can discuss how to help you and your law firm MOVE FORWARD in 2022.

#law firm management

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