Use a sow to prevent a client from hogging time when it comes to fixed fee legal services

Despite the myriad of benefits associated with flat fees – from rewarding efficiency rather than time to eliminating onerous timekeeping – most attorneys still haven’t adopted them. One concern that attorneys have about flat fees is that the arrangement will encourage client phone calls every minute or leave attorneys holding the bag against a zealous…

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Make Money Mondays: One a Day Wonders

In theory, we’re all aware of the power of one – like the power of writing one true sentence or lighting one candle instead of cursing the darkness, or one shot heard round the world that birthed a new nation. On the flip side, we’re also suspect of the value of one, because one can…

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FREE Facebook Live: From Biglaw to YourLaw

Back in 2008, before the thousands of big law associate layoffs that would come in 2009, I threw together this online e-book, From Biglaw to Yourlaw, urging large firm attorneys to at least give a moment’s consideration to the option of starting a law firm. For better or worse, the book has stood up remarkably…

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Why Lawyers Still Read MyShingle

With my blog’s 18th birthday approaching next week, I’ve often wondered how I’ve stayed relevant after all these years. Despite a clunky-looking site, middling SEO and spotty posting, my traffic remains strong and readers continue to return and subscribe. Yet, I don’t offer many paid programs on building a 7-figure firm in 7 days or…

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New York Trades Ban on Trade Names for Lawyers.

On June 18, 2020, New York regulators revised an onerous ethics rule that broadly banned law firms from advertising services under trade names. The revised version of Rule 7.5 (available here because the online rules don’t appear to have been updated) allow trade names so long as they are not “deceptive, false or misleading.” The…

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What If This Is Your Time?

I’ve been listening to Barack Obama’s excellent memoir Promised Land which just ten chapters in, has dispelled a number of my misconceptions about Obama’s trajectory to the presidency. Based on Michelle Obama’s equally excellent memoir, Becoming, I’d viewed her husband’s rise as a carefully plotted climb rather than the product of serendipity and sometimes reluctant…

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Make 2021 the Year You Start Your Law Firm

OK, so 2020 hasn’t exactly been a banner year. But look at it this way – things can only get better next year. And one way that you might consider making 2021 better is by making it the year that you start your law firm. I’ve been hosting this webinar annually for a few years…

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