Alternative fees - proportionate refund
An interesting question was raised recently in the discussion about alternative fees. What happens in either of two scenarios: i) When the client terminates the relationship before the legal services...
View ArticleWhat are you going to do next?
In a recent episode of Blue Blood, the granddaughter was lamenting that she didn't support a friend in need as much as she thought she should have, and that her grandfather would be disappointed in...
View ArticleLaw Practice Management Institute
The Law Practice Management Institute raised a number of issues and produced great discussion among the attendees. Some of the issues in the first day were: Creating a marketing plan is important for...
View ArticleLaw Practrice Management Institute - Day 2
Among the topics discussed on this day were: Social media Financial metrics of a successful law practice Marketing gravity and the need to have something in each stroke of the marketing wheel Cash flow...
View ArticleThe Business of Law® confirmed again
Once again, it is confirmed that law practice is a business. As I've been saying since I received the registered mark for The Business of Law®, law practice is a business. Yes, it's a profession AND...
View ArticleLaw market segmentation - It marches on
The Wall Street Journal, perhaps reflecting the concerns of its corporate readership, continues to emphasize what it considers to be the overpaid lawyers at the pinnacle of the profession. In a...
View ArticleGeneration warfare will grow in law firms
In a recent issue of a major legal publication, as reported by the American Bar Association, the magazine looked at pension plans of law firms. It appears that a number of the country’s largest law...
View ArticleImploding law firms
In current times, we are becoming more familiar with law firms imploding, collapsing and even going bankrupt, literally. Wall Street Journal and it's reporter, Jennifer Smith, seem to be taking a...
View ArticleIs a law license no better than a driver's license?
Judge Lippman, Chief Judge of the New York Appeals Court, announced a pro bono requirement to gain admission to the New York Bar. Every new lawyer will have to prove their performance of 50 hours of...
View ArticleOpen Letter to Wall Street Journal - Dewey & LeBoeuf
Letter to the Editor re Dewey LeBoeuf: Your staff reporters, including Jennifer Smith, seem fixated on the Dewey law firm and its challenges. While one or two such articles would be of interest to...
View Article"Caveat Emptor" Is No Way to Practice Law
In the Opinion section of today's Wall Street Journal, two fellows from the Brookings Institute espouse their philosophy for deregulating the legal profession: Let anyone practice law; whether they've...
View ArticleLegal fees are high - according to whom?
In today’s Wall Street Journal, staff writer, Jacqueline Palank discusses the Justice Department’s attempt to control fees that bankruptcy lawyers seek. Creditors and employees may, at times, be a bit...
View ArticleWhen a lawyer needs a lawyer
Have you committed negligence in representing a current client? Do you suspect you may have committed negligence in a current matter? Don't talk about your mistakes with other lawyers in your firm!...
View ArticleVerizon customer service - REALLY?
Two weeks ago, I purchased a Motorola Razr Maxx from Verizon and an iPad. I'm happy with both, but both need some adjusting. Perhaps I would be more correct in saying that the owner of the devices...
View ArticleThe Problem with Bankruptcy Isn't Attorneys' Fees - It's Executive Incompetence
In the Wall Street Journal, staff writer, Jacqueline Palank discusses the Justice Department’s attempt to control fees that bankruptcy lawyers seek. Creditors and employees may, at times, be a bit...
View ArticleBlogging Power
Verizon - Redux: The power of blogging is apparent when Verizon calls me the day after my original post in this column about their service, or lack thereof, to ask how they can address the problems I...
View ArticleInnovation Does Not Occur in a Year
Getting paid by the hour stresses us, according to Frank Partnoy. He says that "(i)nnovation doesn't occur in a year or a quarter---and certainly not an hour. So why measure work in too-brief...
View ArticleLawBiz® Legal Pad On the Road!: Dominance
It's no secret - lawyers butt heads. But, when it happens, do you keep your clients' best interests in mind, or do you seek dominance instead?
View ArticleLawBiz® Legal Pad: Bringing in the $'s - Collections
Are you billing appropriately? This week, Ed will offer handy tips that will help you collect what you billed to make sure that you're getting paid.
View ArticleLawBiz® Legal Pad: What Changes The Way You Practice Law?
Ed speaks about positive and negative changes that affect the way lawyers practice law.
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