Incubators may change the legal landscape
Medicine has residency; accounting has two year service requirement to become certified. Now law has incubators … not quite the same thing.
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Medicine has residency; accounting has two year service requirement to become certified. Now law has incubators … not quite the same thing.
Lawyers from around the country continue to call me, asking for information on how to sell their practices. In response,we recently opened our LawBiz® Registry. Visit the archives for articles about buying and selling law practices and other ways to monetize the goodwill that you have spent so many years to build. In addition, you may want to buy one of our books or tapes in our store on the profitable law office exit strategy or planning for your next 6000 days.
Contact me at any time if you have additional questions.
Reservations for the day and half Institute, Path to Prosperity, will be closing soon. Hurry and sign up now. The curriculum will be designed specifically for those who attend, to meet your challenges and hurdles … moving you from where you are to where you want to be. The classic question I ask myself is, What do I want to be when I grow up? What do you want to be? How do you want to see your practice change?
Sign up and address these issues in a small, intimate group that are asking the very same questions.
Law Practice Management expert named to Fujitsu’s Productivity Panel
Venice, CA – February 23, 2012. Noted law practice management guru Ed Poll has been chosen by Fujitsu Computer Products of America as a charter member of the company’s new ScanSnap Squad. Poll is one of five productivity and organization experts chosen to provide input and support to the three-year-old ScanSnap Community, comprised of users of Fujitsu’s ScanSnap products.
"The ScanSnap Squad is a handpicked group of experts focused on productivity and organization in their various fields of work, and we’re extremely excited to have Ed Poll lead the Squad’s legal group," said Derek Flower, business development manager, Fujitsu Computer Products of America, Inc.
"Ed has been contributing to the ScanSnap Community since 2010, providing invaluable expertise in the area of law practice management. It has always been our plan to have Ed kick off the brand ambassador program for ScanSnap, and we couldn’t be more thrilled to have him with us for the launch of the ScanSnap Squad," said Flower.
"I’m excited and honored to be chosen for this panel," said Ed Poll. "A key piece of managing an effective law practice is understanding how to effectively use technology to lower overhead costs."
"Scanning paper documents into electronic files is an essential component in the document retention policy of the successful law firm. ScanSnap Squad allows me to share best practices in this area with members of the legal community," said Poll.
About Ed Poll
Ed Poll, founder of LawBiz Management, is a nationally-recognized expert in law practice management. He helps attorneys and law firms increase their profitability by consulting with them on issues of internal operations, business development, and financial matters. Poll brings his clients a solid background in both law and business. He has 25 years experience as a practicing attorney and has also served as CEO and COO for several manufacturing businesses. In 2010, he received the first ever Lifetime Achievement Award from the California Bar Association’s Law Practice Management and Technology Section.
Poll is the author of numerous publications that have become the definitive works in the field, including 18 books, CDs, and DVD collections. His newest offerings are Growing Your Law Practice in Tough Times (West Publishing, 2010) and 8 Steps to Greater Profitability: The Lawyer’s Guide to Prosperity (LawBiz Management, 2011). He has also authored books on business planning for attorneys, improving collections, buying and selling law practices, disaster preparedness and recovery, and exit strategies for legal practitioners. His offerings are available at LawBizStore.com.
Poll hosts the LawBiz Forum, an interactive community for the legal profession, as well as the LegalPadTM video series. He is a columnist for several publications geared to the legal community, including the Massachusetts Lawyers Weekly and Legal Management, and hosts regular webinars for West Legal Edcenter. Poll earned BS and JD degrees from the University of California, Los Angeles, and an MBA from the University of Southern California.
About Fujitsu Computer Products of America, Inc.
Fujitsu Computer Products of America, Inc. is an established leader in the Document Imaging industry, delivering innovative scanning solutions and services that enable our customers to solve critical business productivity issues and streamline operations. Fujitsu provides cutting-edge document capture solutions for business and personal environments, backed by a comprehensive portfolio of service and support programs. For more information about Fujitsu Document Imaging solutions and services, visit http://us.fujitsu.com/fcpa or call us at 800-626-4686.
About LawBiz Management
LawBiz Management is the nation’s leading firm dedicated to managing the Business of Law®. The company focuses on helping lawyers reach their goals and law firms improve their practices by increasing revenues, improving profits, and reducing the stress of the practice experienced by lawyers. Among the services offered are coaching, consulting, speaking, and managing firm retreats. LawBiz Management also consults on the buying and selling of law practices.
For more information, contact Ed Poll at edpoll@lawbiz.com.
For more information about the ScanSnap Community, go to scansnapcommunity.com
Venice, CA – June 6, 2011. Award-winning law business management coach and consultant Ed Poll is bringing his nationally recognized practices, tips and advice to bar associations, law schools and other top venues across America this summer.
The tour will include 15-20 stops throughout the US from June through September 2011, starting on the West Coast and heading East. Tentative tour stops include Portland, Seattle, the San Francisco Bay Area, San Jose, Dallas, Oklahoma City, Kansas City, Chicago, Nashville, Memphis, Columbus, Cleveland, Washington, DC, Atlanta, Philadelphia, New York City and Boston. For more information about the tour, please go to www.lawbiz.com/roadshow
The tour, which is sponsored by Fujitsu ScanSnap and others, will include presentations for CLE credit on law practice management issues, on topics such as Managing Client Expectations, Collecting Fees and Getting Paid, Metrics of Financial Performance, Tips for Increased Revenue, and The Exit Strategy: Succession & Retirement.
Presentations will include time for Q&A and will be followed by a special Coach’s Corner coaching session. In this unique format, Ed will offer coaching help to one or two attendees about their specific law business management issues, within the group context. This allows the entire audience to watch the interaction and consider how they may apply the discussion to their own specific situation.
“For the first time in American history, thousands of lawyers have been laid-off,” said Ed Poll. “Lawyers need to know more about The Business of Law® in order to survive, let alone thrive, by effectively meeting the needs and expectations of clients. This tour will help address many of the challenges facing the sole practitioners and small firms today.”
About Ed Poll
Recently quoted in the New York Times and the ABA Journal, Ed Poll, founder of LawBiz Management, is a nationally recognized expert in law practice management. He helps attorneys and law firms increase their profitability by consulting with them on issues of internal operations, business development, and financial matters. Poll brings his clients a solid background in both law and business. He has 25 years experience as a practicing attorney and has also served as CEO and COO for several manufacturing businesses. In 2010, he received the first ever Lifetime Achievement Award from the California Bar Association’s Law Practice Management and Technology Section.
Poll is the author of numerous publications that have become the definitive works in the field, including 18 books, CDs and DVD collections. His newest offerings are Growing Your Law Practice in Tough Times (West Publishing, 2010) and 8 Steps to Greater Profitability: The Lawyer’s Guide to Prosperity (LawBiz Management, 2011). He has also authored books on business planning for attorneys, improving collections, buying and selling law practices, disaster preparedness and recovery, and exit strategies for legal practitioners. His offerings are available at LawBizStore.com.
Poll hosts the LawBiz Forum, an interactive community for the legal profession, as well as the LegalPadTM video series. He is a columnist for several publications geared to the legal community, including the Massachusetts Lawyers Weekly and Legal Management, and hosts regular webinars for West Legal Management. Poll earned BS and JD degrees from the University of California, Los Angeles, and an MBA from the University of Southern California.
About LawBiz Management
LawBiz Management is the nation’s leading firm dedicated to managing the Business of Law® . The company focuses on helping lawyers reach their goals and law firms improve their practices by increasing revenues, improving profits, and reducing the stress of the practice experienced by lawyers. Among the services offered are coaching, consulting, speaking and managing firm retreats. LawBiz Management also consults on the buying and selling of law practices.
For more information on tour sponsorship or booking a presentation on the tour, please go to www.lawbiz.com/roadshow or www.facebook.com/lawbiztour, or contact Ed Poll, edpoll@lawbiz.com.
LitigationWorld, a new newsletter, will begin tomorrow, Monday, January 10, 2010. I’ve seen the first issue and commend it to you for your consideration if you have any involvement with litigation.
The editor says that each future issue will select the best litigation tips from articles and the minds of top litigators and consultants who share them only with paying clients.
LitigationWorld will unearth these tips every Monday; you’ll receive a brief but useful tip relating to electronic discovery, litigation strategy, or litigation technology. In addition, each issue will contain links to the most important litigation articles published on the Web during the previous week so that you won’t miss anything important.
It’s free and worthy of your review.
Unique Honor Given To Law Firm Management Expert
California State Bar’s Law Practice Management and Technology Section
Gives Out Their First Lifetime Achievement Award
Venice, CA: (December 8th, 2010) – Edward Poll, principal of LawBiz® Management, recently received the honor of the first ever Lifetime Achievement Award handed out by the California State Bar’s Law Practice Management and Technology (LPMT) Section. The award, which was named after him, was given due to his extraordinary level of service, enthusiasm, and vocal advocating for small firms and solo practitioners.
“Ed deserves the award because he epitomizes what this section is about,” says Robert Brownstone, the chair of the LPMT executive committee. “He has such a tremendous amount of experience and displays so much genuine passion to give back to the legal community. He’s been a mentor to all of us.”
The LPMT section, which has been operating for nearly 32 years, works to help lawyers practice more profitably and ethically. It’s the only section in the California State Bar that focuses solely on the practical aspects of growing a law practice.
The section’s committee is composed of 15 members as well as a few Special Advisor positions. Each year, the Special Advisor positions are open to committee election. For the last five years Ed has served as a Special Advisor. The reason for his continued participation is largely due to his extensive knowledge and commitment to promoting outstanding practice management.
In over 25 years of experience as a practicing attorney, Poll has lectured at UCLA and done countless speaking, coaching, and training engagements. He’s published over a dozen books and is a syndicated columnist in all the Lawyers Weekly publications. He is one of the most active members in the legal profession on the web, posting regular YouTube videos, Blawg entries, and newsletters. Poll’s efforts have literally helped thousands of lawyers create more rewarding practices.
“I was surprised and extremely honored to have received the award,” says Poll. “It was very humbling to be honored by the committee and to have the award named after me. This is truly one of my greatest achievements!”
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If you’d like to schedule an interview with Ed Poll to learn more about his award or discuss the challenges law practices face in the 21st century, please contact Luke Messecar at luke@ictusinitiative.com or at 617.717.8294.
About Ed Poll
Ed Poll, J.D., M.B.A., CMC, is a nationally recognized expert in law practice management. He helps attorneys and law firms increase their profitability consulting with them on issues of internal operations, business development, and financial matters. Poll brings his clients a solid background in both law and business. He has 25 years experience as a practicing attorney and has also served as CEO and COO for several manufacturing businesses. In 1990 he founded LawBiz® Management Company and is now focused on coaching, speaking, and training law firms.
On Friday, April 23rd, I’ll be in Boston. As I did for Chicago, I’m inviting you to join me for breakfast at 7:30 a.m. at the Boston Marriott Long Wharf, 296 State Street. If you plan to join me, please let me know no later than April 21 by calling at (310) 827-5415 or emailing me at edpoll@lawbiz.com.
FOR IMMEDIATE RELEASE
LawBiz® Management
Contact: 310.827.5415, edpoll@lawbiz.com
Law Practice Management Expert Edward Poll to Host New Webinar this Week
Webinar Topic: How to Start Your Own Law Firm
VENICE, CA – Mar. 1, 2010 – Ed Poll, JD, MBA, CMC and principal of LawBiz® Management Company (www.lawbiz.com) and Edward Poll & Associates, Inc., will lead a webinar on “How to Start Your Own Law Firm” this Friday, March 5, 2010 at 9am PST. The webinar will be presented in collaboration with ExecSense Webinars and will available for download from their webpage (www.execsense.com) after the live event.
In “How to Start Your Own Law Firm”, Ed Poll will discuss the process of opening a private practice. The 60 minute event will cover the initial considerations attorneys should make when deciding whether or not to start a law firm, and will then walk through the various steps, including financial and operational matters, that lead up to a successful opening. This webinar, which is available on your computer, mobile phone and iPod, will also discuss specific “Dos and Don’ts,” and will include a FAQ at the end.
Host Edward Poll is a nationally-recognized expert in Law Practice Management. He has operated LawBiz® Management for 20 years and has helped lawyers across the across the country achieve greater profitability and success through his coaching, consultations, and other offerings such as books, and social media outreach.
According to Catharine Lloyd, head of speaker relations for ExecSense, “We were honored to have Mr. Poll lead a webinar on this topic. His work is highly regarded in the industry and the webinar is a great resource for lawyers.”
For complete information or to purchase this webinar, please visit www.execsense.com or call them at (415) 453-3003.
About Ed Poll, JD, MBA, CMC
Ed Poll, J.D., M.B.A., CMC, is a nationally recognized expert in law practice management. He helps attorneys and law firms increase their profitability consulting with them on issues of strategic planning, internal operations, business development, and financial matters. Poll brings his clients a solid background in both law and business. He has 25 years experience as a practicing attorney and has also served as CEO and COO for several manufacturing businesses. In 1990, he founded LawBiz®Management Company and is now focused on coaching, speaking, and training law firms.
Poll is the author of the just released book, Growing Your Law Practice in Tough Times (West-Thomson-Reuters 2010) and numerous other publications that have become the definitive works in the legal field, including: Law Firm Fees & Compensation: Value and Growth Dynamics (LawBiz© Management Co. 2008), Attorney & Law Firm Guide to The Business of Law: Planning and Operating for Survival and Growth, 2nd ed. (American Bar Assoc. 2003); The Profitable Law Office Handbook: Attorney’s Guide to Successful Business Planning(LawBiz® Management Co. 1996); Secrets of the Business of Law®: Successful Practices for Increasing Your Profits!(LawBiz® Management Co. 1998)
About ExecSense Webinars
ExecSense is the largest producer of executive webinars in the world, developing over 500 webinars a year led by hundreds of C-Level executives (CEO, CFO, CTO, CMO, CLO) and partners from 60% of the largest 200 law firms.
Depending on the webinar, it includes audio files and documents in PowerPoint, Word and/or Excel. ExecSense webinars can be viewed on your computer, mobile phone, iPod or printed and viewed offline. Over the course of a year, ExecSense is first-to-the-scene with webinars on breaking news, trends, and skills, often produced within hours of an important event occurring. ExecSense is a privately held company headquartered in San Rafael, California, founded in 2000.
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FOR IMMEDIATE RELEASE
Contact: Derek McIver
Ictus Initiative
617-717-8294, Derek@IctusInitiative.com
LIVE WEBCAST TO DISCUSS BUSINESS EDUCATION AT LAW SCHOOLS
Panel Asks: Are Law Schools Preparing Graduates for the Real World?
VENICE, CA January 19, 2010 – Nationally-recognized law firm management expert Ed Poll, JD, MBA, CMC, announced today an upcoming live webcast to discuss how the nation’s law schools teach – or fail to teach – the fundamental principles of business. “Law School: Are Recent Graduates Prepared for the New Era?”, which takes places January 27 at 11:00am PT / 2:00pm ET, will feature four recent law school graduates who will describe how law school did or did not prepare them for them for The Business of Law®. The session is presented in association with West LegalEdcenter®.
“Law practice and all its supporters represent a multi-billion dollar industry that is governed by the same business principles that govern other professions,” explains Poll. “Yet law schools pay little if any attention to these real-world business concerns. The result is that recent graduates enter their new profession woefully unprepared for the realities and the rigors of the industry. It’s time for that to change.”
Over the course of the session, the recent graduates will describe their current environment, relate their experiences in the legal world, and engage in a lively discussion about the state of business education at the nation’s law schools. Moderator Ed Poll will also discuss his top 10 principles to succeed in this era. As Poll explains, law practice is much more than being able to research case law – new graduates need to be educated on client management, billable hours, fee collection, profitability, and business management. Mr. Poll will use the session to demonstrate the importance of these skills, and educate participants on the basics of The Business of Law®.
Those signing up for the live webcast will also be given a unique opportunity to learn more about Poll’s business principles: all participants will be offered a special package deal on books and CDs from the LawBiz® store, including Business Competency for Lawyers (LawBiz® Management Co. 2006) and Poll’s newest book, Growing Your Law Practice in Tough Times (Thomson West, available February 2010). This special package will be made available to attendees immediately following the seminar. In addition, Ed offers weekly insights on his YouTube® channel (YouTube.com/LawBizGuide) and can be followed on Twitter at twitter.com/lawbiz.
About Ed Poll
Ed Poll, J.D., M.B.A., CMC, is a nationally-recognized expert in law practice management. He helps attorneys and law firms increase their profitability by consulting with them on issues of internal operations, business development, and financial matters. Poll brings his clients a solid background in both law and business. He has 25 years experience as a practicing attorney and has also served as CEO and COO for several manufacturing businesses. In 1990, he founded LawBiz® Management Company and is now focused on coaching, speaking, and training law firms.
Poll is the author of numerous publications that have become the definitive works in the legal field, including: Growing Your Law Practice in Tough Times (Thomson West, available February 2010), Law Firm Fees & Compensation: Value and Growth Dynamics (LawBiz© Management Co. 2008), Attorney & Law Firm Guide to The Business of Law: Planning and Operating for Survival and Growth, 2nd ed. (American Bar Assoc. 2003), and The Profitable Law Office Handbook: Attorney’s Guide to Successful Business Planning(LawBiz® Management Co. 1996).