Considerations when withdrawing as counsel to non-paying clients
There are subtle complications that lawyers should think about before “firing” clients for non-payment of fees. Read more @ abovethelaw.com
How succession planning can run afoul of firm pay structures
Plans for smooth hand-offs of clients from older lawyers to younger ones often look good on paper. But paying for lawyers’ time as they make the transitions is tricky. Read [...]
Notes to young professionals confronting an AI world
Thoughts for lawyers trying to succeed in an AI-influenced environment that now can create more confusion than clarity. Read more @ slaw.ca
Why solos, small firms should ignore AI doom headlines
An expert argues that by using AI to free up time for more valuable tasks, smaller practitioners can beat better-financed competitors. Read more @ thetechsavvylawyer.page
Extolling law firm values can be a powerful selling point
Empathy, authenticity, personality, and kindness often determine whether firms attract and retain top people and build lasting relationships with clients. Read more @ jaffepr.com
Small law firms can train great lawyers too
Even without the resources of Big Law, smaller firms can – and must – properly train new lawyers. Read more @ abovethelaw.com
Maximizing the mentoring relationship
An admittedly “terrible” mentee early in her career shares tips on how lawyers can get the most out of being mentored by more experienced colleagues. Read more @ attorneyatwork.com
Sometimes, lawyers should wait to send invoices to clients
For smaller firms, sending bills to some clients ASAP may not be the best policy. Read more @ abovethelaw.com
The salary trap: Looking beyond the money offer
Promotions will prove to be disappointments if lawyers fail to define what their ultimate career goals are and see only a higher salary when making career moves. Read more @ [...]
What tax strategies should law firms use?
An expert says most lawyers fail to strategize about taxes as the year unfolds, when the financial decisions that save them money can be made. Read more @ fretzin.com
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