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Whether you manage your firm’s digital marketing strategy yourself or outsource your marketing, lawyers — especially small lawfirm owners — need to stay on top of the latest digital marketing advancements to ensure their websites continue to drive potential clients their way. Digital ads are a powerful tool for many lawfirms.
After nearly two years apart, ABA TechShow 2022 marked a ‘re-introduction’ into the real world as lawyers, legal professionals and legal tech leaders once again gathered together. host Joe Patrice (Senior Editor at Above the Law and Managing Director at RPN ). . host John Strohmeyer (Founder and Attorney of Strohmeyer Law ).
Clio, a cloud-based legal technology provider, has released its 2023 Legal Trends for Solo LawFirms report, highlighting that solo lawyers are becoming increasingly popular, with 31% of lawyers who left their firms in 2022 starting their own solo practice.
Articles and Columns for November 2022 10 fatal traps that explain why lawfirm strategic plans are DOA – Patrick J. McKenna is an internationally recognized author, lecturer, strategist and seasoned advisor to the leaders of premier lawfirms.
The attrition rate at lawfirms in the US saw a staggering 61% increase in 2021 from its pre-pandemic level, highlighting the deep impact of the Great Resignation on legal. The need for change is obvious, but how can lawfirms win employee trust when the latter has more leverage to negotiate an employment based on their terms.
We are officially ISO/IEC 27001:2022 certified and SOC 2 Type 2 compliant. What is ISO 27001:2022? The 2022 update reflects modern risks including cloud services, supply chain complexity, and evolving threat landscapes. Ujjwal Dahiya Jun 16, 2025 We’re thrilled to share a major milestone for Xakia.
Lawfirm marketing is the practice of attracting new potential clients to your firm. A lawfirm marketing plan may cover a mix of digital marketing, SEO, blogging, print, and digital ads. Marketing your legal services is integral to the growth and success of your lawfirm. Do lawyers need marketing?
We wondered what tools or initiatives small firms might open their wallets for this coming year. So we asked our experts: What do you think small lawfirms should (or should not) be spending their technology dollars on in 2022? For 2022, it is time to review: What works, and what doesn’t?
My past Daily Record articles can be accessed here. ** Driving LawFirm Efficiency: Proven Productivity Tips In today’s ever-evolving world, technology has become a key differentiator for lawyers, driving productivity and profitability in a highly competitive market. hours per workday. Bankruptcy matters had the highest WIP (10.9)
Since launching to the legal market in 2021, the matter management platform Dashboard Legal has built a loyal following among lawfirm associates, who find it a superior alternative to updating and circulating checklists in Microsoft Word or Excel, says founder and CEO Mat Rotenberg.
It’s also an important metric for lawfirm owners to track —especially if you want to grow your firm and improve your profitability. But how do you know if your lawfirm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average lawfirm revenue?
Since then, Harvey has seen some major wins, including being deployed firmwide by Allen & Overy , one of the world’s largest lawfirms, and then being adopted by PricewaterhouseCoopers , one of the world’s largest accounting firms, for its 4,000 legal professionals. based CEO of a company called Orion.
Here is your chance to help pick the legal technology startups that will be selected for the sixth-annual Startup Alley at ABA TECHSHOW 2022. The 15 startups with the most votes will get the opportunity to be featured at TECHSHOW, which will be held March 2-5, 2022, both live in Chicago and virtually. 28, 2022, at 11:45 p.m.
I’ve been thinking about what it means to lead a company through crises and how each crisis affects lawfirm leaders. Helpful Resources for LawFirm Leaders. “Four Lessons to Confront Ongoing Uncertainty in 2022” “With the new year underway, one thing appears certain, and that is continued uncertainty.
Today LexisNexis® CounselLink released its 2022 Annual Trends Report. The unstable economy and a tighter legal market have not caused lawfirms to pull back on billing rates. To the contrary lawfirm partner billing rates rose faster last year than they have in a decade. in 2021 and 3.5% in 2021 and 3.5%
While it also comes with significant financial rewards, many people wonder: Just how much do partners make at lawfirms? From the many factors influencing compensation to the art of negotiation, a multitude of aspects determine lawfirm partner salaries. The answer, as it turns out, isn’t so simple.
Smokeball has an unusual name, to be sure; but, it actually comes from a famous legal case , which just about every substantive law-loving attorney can appreciate. (I Smokeball was founded in 2010 and has been adding useful features for lawfirms ever since. I love the smell of precedent in the morning.)
You can look at] small data, I mean think about it, you’ve got a corpus of information in your lawfirm through which you can measure your clients and your staff and the activity of those two groups. Smart lawfirms are motivated to track effectively because if you want to get paid you want to track your financial information.
If you’re stuck with high lawfirm AR, a change of strategy could be past due. There’s no question that many lawfirms struggle to whittle away at their accounts receivable (AR), the outstanding amount that has been invoiced and not paid. Why Does AR Pile Up? Lowering AR is Not as Hard as You Think.
How can you keep good people from leaving your firm — quietly or otherwise? Here’s how to turn lawfirm hiring and retention challenges to your advantage. Labor Department shows that in May 2022 alone, 4.2 Lawfirms are no exception. Five Best Practices for LawFirms to Win the Talent War.
As lawyers embrace remote work and resist returning to the office full time, many lawfirms wonder what to do with their empty offices. As of early April 2022, the average office population in major U.S. Should your lawfirm do the same? The post Should You Sublet Office Space in Your LawFirm?
Lawfirms are one-stop shopping for cybercriminals, alluring because they hold the data of many people and businesses. Russia itself shut down REvil, one of the most notorious Russian ransomware gangs in January 2022, based on information provided by the U.S. Ransomware has been a curse for quite a while.
If there has been one constant about the qualifications to own an American lawfirm, it has been this–you must be a lawyer. jurisdictions for decades has been that non-lawyers cannot own lawfirms. Whether or not you are an attorney, running a lawfirm is a huge challenge, but the right software can help.
What can lawfirms do to solve the associate retention quandary and make their culture “stickier?” A few years ago, when I spoke with lawfirms about the importance of investing in the professional development and satisfaction of their associates, my comments were often met with eye rolls and jokes about work-life balance.
You can also check out the most popular LawNext episodes of 2022 , of 2021 , of 2020 and of 2019. LexFusion’s Joe Borstein and Casey Flaherty on the 2022 Legal Market in Review. As ALSP Axiom Opens A LawFirm in Arizona, Its Chief Strategy and Legal Officer Catherine Kemnitz Shares Details. Top 15 of 2023 1.
Over the course of 2022, the principals of LexFusion conferred with 435 law departments and 250 lawfirms. On behalf of a group of curated legal innovation companies, it works with legal departments and lawfirms to help them understand how innovative products can benefit them.
Lawfirm profitability fell for the fourth consecutive quarter as firms grappled with a combination of falling demand and surging expenses, according to the Q3 2022 Thomson Reuters LawFirm Financial Index (LFFI) powered by Peer Monitor/Financial Insights. decline in the second quarter of 2022.
Readers have been voting to select the 15 legal technology startups that will get to participate in the sixth-annual Startup Alley at ABA TECHSHOW 2022 , taking place March 2-5, 2022. The first and most awarded ODR platform – used by courts, corporations, lawfirms and more. Built by lawyers for lawyers. EmotionTrac.
In its write-up, How Fulcrum GT built innovative tools to provide lawfirms with extra support , Fast Company says that Fulcrum GT’s product for corporate legal, RapidX, “is critical to businesses that, between 2022 and 2023, saw an average 29% increase in legal spending.”
Seven times since 2016, Thomson Reuters has conducted a survey on the state of small lawfirms in the U.S., and every time, it found that small firms had made virtually no progress on one of their greatest challenges, which is that they spend too much time on administrative tasks to the exclusion of practicing law.
In a marriage of pro bono platforms, Paladin , a company whose platform connects lawyers with opportunities to provide free legal help, has acquired Pro Bono Manager , a product developed by Pro Bono Net to enable large lawfirms to manage and measure their pro bono programs.
At its annual Clio Cloud Conference today, the law practice management company Clio released the 2022 edition of its annual Legal Trends Report – its seventh year of the report. The challenge for every lawfirm is to meet the expectations of clients and employees while balancing business objectives in a fluctuating economy.
It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a lawfirm and a technology company. In 2011, LexisNexis leapt onto this bandwagon with its release of Firm Manager , a web-based practice management platform designed for smaller lawfirms.
In 2022, a Gartner report quoted, “By 2024, legal departments will replace 20% of generalist lawyers with nonlawyer staff”. The economic deception has introduced new challenges as big law clients got shifted to lawfirms, charging less, giving mid-size firms an open hand approaching potential clients.
For lawfirms — indeed, for any organization — that poses the challenge of how to safely explore the technology of large language models and enforce adherence with internal governance policies. The company is launching with at least one AmLaw 100 lawfirm already a customer — Womble Bond Dickinson.
Lawfirm data security should be a top priority for any practice, and here’s why: Clients trust you with their most confidential information. Since clients entrust lawyers with so much of their sensitive data, lawfirms make prime targets for cybercrime. You don’t want your lawfirm to become part of that statistic.
Between 2016 and 2022, Goldstein allegedly schemed to evade the assessment of taxes, file false tax returns and fail to pay his tax obligations when they were due, according to the indictment , which was filed in the District of Maryland. Law360 has coverage. He also underreported his gambling winnings by millions of dollars.
9, 2022, on the eve of the Clio Cloud Conference , at the Gaylord Opryland Resort in Nashville. Law Department. Megan Mathias of Lopp Mathias Law. Well, now the finalists are in, chosen by a panel of 23 judges out of 225 submissions, and the winners will be announced at a formal awards gala, which will take place Oct.
announced on Monday that Sean Mescall, 46, of Newburgh, New York, who stole the funds between April 2022 and January, pleaded guilty in the New York State Supreme Court to one count of grand larceny in the third degree and one count of scheme to defraud in the first degree. He is expected to serve between two and six years in prison.
Legal professionals face greater pressure than ever before, driven by the “VUCA” environment of volatility, uncertainty, complexity and ambiguity, but firms that are well-equipped for the future are those that are optimizing their people, processes and technology through a path of continuous improvement.
As part of our commitment to delivering best-in-class client support, we're sharing the lessons we've learned in 2022—plus tips on how to apply them. 2022’s takeaways . Like any year, 2022 threw a unique set of challenges at the legal industry. As we enter the new year, lawfirms need to be prepared to surmount: .
In June 2022, an Amtrak train carrying 200 passengers derailed in Missouri. Less than four hours later, attorney webpages geared toward crash victims and their families were popping up, and in less than 24 hours, lawfirms were announcing retained clients and new lawsuits. Keep reading this post for more details.
The Problem… With a couple firm locations under his belt, Scurlock reached out to his account manager (AM) at Avvo and requested a focus change in lawfirm advertising to cover both Texas and Arkansas. His AM suggested the newest service, ProVantage, to increase his lawfirm’s marketing coverage.
After all, the very premise of the report is that some lawfirms and legal departments are more “future ready” than others. Does that mean lawfirms and legal departments are doing less to leverage technology? In the very first year, 2019, 49% were leaders. This year, the number dropped to 46%.
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