Tag Archive: Lawyer

Bring Your Best Game!

A day of college football upsets … and UCLA was no exception …. My wife and I were guests on the field before the game.UCLA - Oct 4 2014

 

As in football, lawyers must bring their best game to court and to the office every day if they want to succeed and satisfy client needs …


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LawBiz® Legal Pad: Trust Accounts

What responsibility does a lawyer have when a financial institution fails and a client’s trust money is held by the financial firm?
Ed Poll answers this question as he talks about Trust Accounts this week.


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LawBiz® Legal Pad: Why Marketing Matters for Lawyers, Part 2

Ed shares some thoughts on electronic marketing and offers ideas on how traditional marketing can help you stand out in the crowd.

-You are more likely to be remembered, thus contacted, if you reach people on a personal level.

-Differentiating yourself will lead to increased :
–calls by clients and prospects
–meetings
–calls from the media
–meetings
-And most importantly:

More money in the bank.


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LawBiz® Legal Pad: Why Marketing Matters for Lawyers, Part 1

Factors to Consider When Marketing You Firm:

-Have a Marketing Plan
-Consider the commonality between you and prospective clients.
-Play the Numbers Game
-The more people you can get in front of; the better the chance of someone engaging you.
-Build a quality referral sources
-Understand that people learn differently
-Connect with other professions who share your market


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LawBiz® Legal Pad: Tips for Increased Revenue

Ed offers 5 ways to increase your law firm’s revenue.
1. Emphasize collections.
2. Hire lateral lawyers to meet specific demands, a new practice area, a new need.
3. Leverage technology.
4. Create a cooperative compensation model that emphasizes the law firm as an institution.
5. Outsource functions that are better done by others. Delegate.


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Where does a golfer go to retire?

At some point, you will say, “What kind of life do I want to live?”  In a recent article in the Los Angeles Times (Thursday, August 14, 2014), a retired “workaholic” entrepreneur said “’You cannot not have a plan when you retire.’”

He turned to retirement; though he didn’t plan it that way, he traded his many hours of daily work for golf, playing each and every day for 365 days.  He said “One obsession prepared me for (another).”

The writer then continues, “All this makes me wonder: What do pro golfers do when they retire?”

Life After Law: What Will You Do With the Next 6,000 Days? seeks to address this issue.  One such option, before traveling into the “sunset,” is selling your law practice and monetizing the years of your efforts … capitalizing on the goodwill you’ve developed.  See our LawBiz® Registry for more help in this effort.


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Defining the Practice of Law

The unauthorized practice of law is a major concern of bar associations as is evidenced by the North Carolina Bar Association’s litigation with Legal Zoom and its current effort to redefine the term.  This effort is one more example of the shifting ground impacting lawyers and their economic security.  Does the entry of software and “publications” help or hurt lawyers, help or hurt consumers?  Here is one opinion.


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