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The Good and the Bad of Solo Practice, Per Clio’s Latest Legal Trends Report for Solos

LawSites

As a solo myself, I can tell you that there is much to be said for practicing on your own – freedom and independence not least among them. But there are also disadvantages to practicing alone and challenges unique to solo lawyers, as this latest report documents.

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Guide to Running a Solo Legal Practice

Martindale-Avvo

There’s nothing like the excitement of opening a solo law practice. Many attorneys start their practices without experience in business management, accounting, or marketing — then realize they have to do all those things as a solo office. Determine what the next step looks like for your practice.

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Driving law firm efficiency: Proven productivity tips

Legal Tech Monitor

My past Daily Record articles can be accessed here. ** Driving Law Firm 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. The report also included data on the realization rates of solo lawyers.

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Most Law Firms Use Just Five or Fewer Unique Software Products, Smokeball Study Says

LawSites

The majority of law firms use just five or fewer unique software products, according to a legal industry study published today by the law practice management company Smokeball. Among solos, 89% use five or fewer products. In firms of 2-10 lawyers, 86% use five or fewer products. Video conferencing, 61%. Accounting, 43%.

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Thinking of Going Solo? Six Essential Steps to Starting Your Own Legal Practice

Rocket Matter

Contrary to what TV dramas would have you believe, most lawyers in the US do not work at intrigue-filled Big Law firms. In fact, 63% of attorneys work for solo or small firms. A slight majority of that group, 32%, are solo practitioners. Do I have a solid network in my chosen practice area? Who is my ideal client?

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In A First For A State Bar, Florida To Provide All Members With Free Trust Accounting Software To Help Ensure Compliance And Protect The Public

LawSites

In what appears to be a first for a state bar association, The Florida Bar is providing each of its 110,000 members with free access to legal trust accounting software – a move its new president believes will help attorneys better comply with trust accounting requirements and better protect the public from trust violations. Sarasota, Fla.,

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The Post-Pandemic State of Legal Practice, with Nicole Black of MyCase

LawSites

Over the past year, the sibling legal technology companies MyCase and LawPay have published a series of reports on law practice , including benchmark reports based on anonymized data from the two companies’ customers, as well as an in-depth 2022 year-end legal industry report, based on a survey of over 2,300 legal professionals.