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Solo & Small Law Firms

Future & Trends

Biglaw Attorneys Get Paid To Innovate, Solos & Smalls Innovate to Get Paid

To paraphrase an old quote, the wheels of change grind slowly at biglaw. But some recent initiatives suggest that big firms are tentatively dipping a toe into the innovation pool.  For example,last year global law firm ReedSmith  launched an innovation hours program, where lawyers can earn up to fifty billable hours for time invested in…

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Unbundling and the Rural Client

Many rural communities continue to face a legal services crisis.  Some communities simply don’t have enough lawyers.  Alternatively, there are enough lawyers, but their fees exceed the amount that clients can or wish to pay.  But now, according to this story, one innovative firm, The Law Shop located in Van Meter Iowa has a solution: unbundled…

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Solo & Small Firm Lawyers Average $198k/year…So Why Do We Portray Solos As Losers?

To paraphrase Mark Twain, the death of the solo and small firm practitioner has been greatly exaggerated. At least that’s the case if one is to believe the Attorney Compensation Report released by Martindale-Hubbell today which found that solo and small firm lawyers take home an average of $198,000 in annual income.  The Report’s conclusions relied on responses…

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Fake Designer Handbags and Fake Lawyers

faux coach bag

Last week, I returned from a trip to China with a new accessory in tow: a fake Coach bag.  Though I’m aware of  arguments that purchases of counterfeit luxury items harm the brand, other studies have found  no discernible effect . In any event, because I can’t fathom ever paying a few hundred dollars on…

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How Do Clients Find Their Lawyers?

There are many ways a potential client may find you, but which channels should your law firm be focusing its marketing strategy on?