Cadence: Better Law Firm Management Through Repetition

NCBA Law Practice Management Blog

But, if you run a business, especially a law firm. Stagnation is a problem with law firms; but, that’s largely because they stick to a systemless model, that ends up being the antithesis of routine. If you want to start systematizing across your law practice, we can help!

Trust Fall: Law Firms Should Farm Out More Functions

NCBA Law Practice Management Blog

I call that ‘practicing at the top of your law license’. Of course, adopting this approach usually requires a change in process management for faw firms. And yet, this remains a difficult thing for law firms to do. Hire a bookkeeper, or a bookkeeping firm.

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Silent E: The New Law Firm Default Is Virtual

NCBA Law Practice Management Blog

The legal field is still reeling; and, law firms are adjusting to a new world. For modern law firms to succeed, it’s clear that providing virtual services is now a requirement; it’s no longer optional.

Teleprompter: Choosing a Law Firm Phone System

NCBA Law Practice Management Blog

Phone systems, and managing phone systems, are essential for law firms -- even if managing lawyers can tend to overlook the importance of such things. But, in a very real sense, law firm phone systems are really money machine s.

Trust the Process: Systemization Is What Separate Modern Law Firms

NCBA Law Practice Management Blog

A lot of law firms know they’re inefficient, but don’t know why. ( But, the reason is pretty simple: it’s because those law firms don’t employ systems. By default, law firms that build and apply workflows can work faster and more accurately.

Getting to Know Amy Mertz Brown of Gurstel Law Firm

Account Recovery

… The post Getting to Know Amy Mertz Brown of Gurstel Law Firm appeared first on AccountsRecovery.net. Getting to Know Amy Mertz Brown Gurstel Law FirmThe “Getting to Know” series is sponsored by Applied Innovation.

Best Law Firm Accounting Software

Nerd Wallet

Law business accounting is unique. In addition to basic accounting responsibilities, law firms must also maintain and reconcile Interest on Lawyers Trust Accounts (IOLTA), track and bill time spent on client work and produce easy-to-understand invoices.

Getting to Know Dale Golden of Golden Scaz Gagain and The Compliance Law Firm

Account Recovery

… The post Getting to Know Dale Golden of Golden Scaz Gagain and The Compliance Law Firm appeared first on AccountsRecovery.net. Getting to Know Dale Golden Golden Scaz Gagain The Compliance Law Firm

Trust Fund Payment Processing for Law Firms

Payment Savvy

Most people think that payment processing for law firms is a simple and straightforward process. Due to the above reasons, law firms need to adopt an advanced payment processing system. Integrating innovative payment solutions within a law firm offers plenty of advantages.

Eye of the Storm: How Will Alternative Business Structures Affect Traditional Law Firms

NCBA Law Practice Management Blog

Arizona has recently stricken the rule barring non-lawyer ownership in law firms from its professional ethics code. Mixed ownership law firms are called ‘ alternative business structures ’ , and they already exist in other parts of the world, most notably the United Kingdom.

Go Your Own Way: The First Thing You Need to Brand Your Law Firm

NCBA Law Practice Management Blog

Believe it or not, the most important part of law firm branding is something that law firms often ignore, or throw away. Law firms that conceive of compelling logos separate themselves from the morass of their competitors in a meaningful way.

Share and Share Alike: How Modern Document Storage Systems Increase Law Firm Security

NCBA Law Practice Management Blog

Email is good for email; but, when law firms start to try to expand the uses of email into broader technology functions – that’s where they run into trouble. Not sure your law firm’s data is secure?

Wayfinder: What’s the Next Phase of Your Law Firm’s Growth?

NCBA Law Practice Management Blog

Despite the way that attorneys often act, the law firm timeline is not a direct one, from open to close. Law firms operate in the same way. (As So, don’t think of managing your law firm as a long, slow death march.

New or Noob: How Law Firms Tend to Hire

Jared Correia

In the first instance, this notion of law firm training is more theory than practice -- as this purported intensive training for attorneys and paralegals and legal assistants doesn’t really ever materialize beyond dumping a computer in front of someone, and having them figure it out.

Arrested Development: What Do Modern Law Firm Associates Want, Anyway?

NCBA Law Practice Management Blog

Yet, law firms continue to require associates to move business forward. Managing partners often think, in these instances, about what the law firm needs. To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business

Brand Aware: Logo Development for Law Firms

NCBA Law Practice Management Blog

Review some law firm logos, and you’ll probably find similar characteristics: prominent use of gavels and/or columns; the logo design will likely be based on the first letters of the last names of the name partners; and, the color scheme will probably be blue/white or gray. What I’m trying to say is that pretty much every law firm logo is the same. What if -- gasp! -- your law firm logo color scheme was not blue and white.)

Lost Highway: Modern Law Firms Require Revised Intake Systems

NCBA Law Practice Management Blog

More than 60% of law firm do not return voicemails. Law firms often strike out in trying to meet that three-part requirement. In fact, most law firms don’t have an intake system at all.

Appeals Court Overturns Ruling Against Consumer Rights Law Firm

Account Recovery

The Law Office of Fox Kohler & Associates Third Circuit Court of Appeals

Appeals Court Affirms Ruling for Law Firm in FDCPA SOL Case

Account Recovery

The Court of Appeals for the Eleventh Circuit has upheld a summary judgment ruling in favor of a law firm that was accused of violating the Fair Debt Collection Practices Act by suing an individual who was allegedly responsible for a medical debt incurred by his wife, before they divorced.

WIP It Good: What Can Work in Progress Tell You About the Future of Your Law Firm?

NCBA Law Practice Management Blog

‘Work in Progress’ (often abbreviate d to WIP) is a representation of work outstanding for law firm clients. To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business

Trinity: The Three Software Tools Modern Law Firms Run On

NCBA Law Practice Management Blog

If you’re a lawyer, law firm software is everywhere. Make one online search for the term, and you’re caught up in the vortex of SEO -- you’ll be served law firm software advertisements wherever you go online, from now until the end of time. I get how that can be annoying -- but, the point remains that law firms using the right software are more efficient, and make more money. This is your lodestar for the future of your law firm technology platform.

Raise Up: Law Firms Should Increase Rates Annually

NCBA Law Practice Management Blog

The chief method for law firm business management is inertia, largely. They don’t run financial reports regularly ; so , they don’t have a consistent understanding of the financial health of their law firms.

Leading Consumer Rights Law Firm Acquires WebRecon

Account Recovery

April 1, 2021) — Jack Gordon, the founder and chief executive of WebRecon announced today that he has sold the company to a leading consumer rights law firm. Grand Rapids, Mich.

Net Loss: Law Firms Have Really Poor Net Promoter Scores

NCBA Law Practice Management Blog

Did you know that law firms have a really poor not promoter score? Unfortunately for law firms, their average net promoter score is 25. But, just because an average exists, doesn’t mean your law firm hits it. Through a unique partnership between the bar association and Jared Correia 's Red Cave Law Firm Consulting , National Creditors' Bar Association members now have access to experienced law practice management consultants at a special discount rate.

Touchless: Law Firm Automation Can Be Applied More Broadly Than You Think

NCBA Law Practice Management Blog

For example, law firms generally value ‘high touch’ professional services; but, they often end up taking that to extremes. The upshot is that, as a law firm, you should automate as m any of the rote processes of practicing law as you can.

Draw Me a Map: Intake is Still the Biggest Law Firm Challenge

NCBA Law Practice Management Blog

The stats on law firm intake are pretty damning. 64% of voicemails left for law firms by leads are never returned. Only 1 in 3 phone calls for law firms are picked up live. It takes an average of 8 emails to schedule an appointment with a law firm.

Way Outside: How to Rebuild Your Law Firm Practices

NCBA Law Practice Management Blog

The first is that law firm managers tend to rely entirely on their own experience. But, there is no one size fits all model for law firms, which means that lawyers should refer to various scenarios, before determining which option works best for them. And so, that’s a good conversation to have with a law practice management consultant *AHEM* , who regularly speaks to different law firms, to gauge their perspective s. )

Low Bar: How to Differentiate Your Law Firm from Competitors

Jared Correia

Because lawyers manage law firms, change within those law firms happens at a glacial pace.? Yet, while law firms cling to the status quo, upstarts in other industries redefine life and culture.? Law firms are reluctant to embrace process management.?

Persons of Interest: Modern Staffing Options Abound for Law Firms

NCBA Law Practice Management Blog

Fortunately, for law firms owners, there are more staffing options now, than you can shake a stick, even if you’re not ready to make the move to hiring an employee. Many expanding law firms choose to engage contract attorneys, who can make their own hours, and are often experienced enough to manage their own wo r fklows. To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business.

Reach: Consumer-Friendly Language Wins the Day in Law Firm Marketing

NCBA Law Practice Management Blog

Through a unique partnership between the bar association and Jared Correia 's Red Cave Law Firm Consulting , National Creditors' Bar Association members now have access to experienced law practice management consultants at a special discount rate.

Daily Digest – May 7. Calif. DA Reaches Settlement With Debt Buyer, Law Firm; Hunstein Update

Account Recovery

DA Reaches Settlement With Debt Buyer, Law Firm; Hunstein Update appeared first on AccountsRecovery.net. CALIF.

Double Play: The Simple Math Behind Law Firm Growth

NCBA Law Practice Management Blog

You’ve heard the phrase often from busy lawyers, law firm owners particularly: ‘If only I could clone myself’. It’s wishful thinking; but, it gets to the heart of the one barrier to law firm expansion that you can’t fake: In order to grow your business, to scale it. Adding staff is necessary to scale your law firm, but to do so effectively, you need to know how much each person who works in the law firm makes for the business.

Sign of the Times: eSignatures Offer Law Firms Flexibility

NCBA Law Practice Management Blog

Law firms that require paper-based signatures are committed to in-person meetings ; b ut, th ose may not always be feasible. Of course, there are ot her reasons why your law firm may want to utilize esignatures.

Copy That: How to Manage Law Firm Data Backup

Jared Correia

I’m talking about the business disaster that could strike your law firm at any moment: flood, fire, data breach, device breakdown, smoke damage, truck carrying 30000 pounds of bananas careening out of control. Could your law firm recover from a disaster?

Law Firm Collections – Get More in the Door

Payment Savvy

Unfortunately, many law firms struggle with getting clients to pay and maintaining steady cash flow. Enter law firm collections. There are simple ways law firms can improve their collection practices and get clients to pay them on time.