When you own a law firm, delegation is really important. This is especially true the larger the law firm you have. To make sure that your law firm is run efficiently, the reality is that you just cannot do everything yourself. Whether it’s a legal task or a non-legal task, if you have delegated…
Category: Management
What is a frenemy in the legal world?
In any area of life, you have friends, and you, unfortunately, probably have some people you would consider to be enemies. Truth be told, in law firm land, it is not any different. Friends are people who have your back. Friends root for you to do well. Friends are happy when things are going well…
The dilemma of escalating law firm costs
One of the hardest parts of law firm practice management is the dilemma of escalating costs. No matter the budgetary area within a law firm, on a yearly basis, costs generally creep up. This annual escalation of increasing costs can be a real problem for most law firms. How can a law firm cover the…
Having a no solicitation policy at your law firm
When you own a law firm or are in management at a law firm, solicitations can take a lot of your time. You cannot blame individuals and companies for wanting to solicit and generate business. Many individuals and companies work on commissions/sales. This makes soliciting business essential for their livelihood. But much of your time…
Realistic Salary Expectations for Lawyers
Many lawyers come out of law school with lofty expectations about starting salary. For all of their hard work and efforts in law school, many new lawyers think that their life will be immediately profitable. Sometimes, law school career services data can lead them to believe this will be the case. And, sometimes, the overall…
The importance of balancing professional and personal
For those of you who are law firm partners, managers, or supervisors, balancing the professional and personal in the workplace can oftentimes be difficult and blurry. On one hand, you need your employees to respect you as a law firm partner, manager, or supervisor. On the other hand, many law firm partners, managers, or supervisors…
Is a Bonus System in Your Law Firm Worth Implementing?
Providing incentives for law firm employees is something most law firms should consider. Should employees be paid a straight salary without the opportunity for bonuses? Or, should law firms make the pay largely incentive-based, especially as it relates to the lawyers? These are questions many law firms struggle with as they consider the pay structure…
Have you thought about a virtual receptionist?
When the phones ring at your law firm, who is picking up? Do you have a receptionist at your law firm? Do individuals simply hit an auto attendant at your law firm and then select an extension? This decision can have an important impact on your law firm. Most clients and potential clients still like…
Job data regarding millennials
No matter what kind of law firm you are running, you are likely to receive applications from people looking for employment. Many of these job applications are going to come from millennials. Millennials can have a lot to offer. Being new in a career, and fresh out of college in certain instances, can result in some…
Are you a dangling a hook in somebody else’s pond?
If you’ve decided to hang a shingle or start your law firm, it can be a difficult endeavor. Statistics show that most businesses fail (8 in 10). So, getting your firm off the ground and moving forward is not always easy. Many lawyers end up seeking employment at a different law firm, once their current…
The Open Door Policy
If employees were surveyed about one of the things that they like in a boss, an open door policy would be near the top of the list for many. For many employees, the idea of this policy makes sense. It means they can ask questions whenever matters arise and have them quickly addressed. In many…
Are law firm committees helpful?
Depending on the size and scope of your law firm, you might have various committees set up. The committees can deal with a wide range of issues within the law firm’s management. In some committees, the shareholders/partners vote on matters within the law firm. If there is no majority vote, no action can ultimately be…