Law Practice Management

Law Practice Management

This wiki is a collaboration of time-saving tips and crucial business advice for solo attorneys and anyone who's in the business of running a small law firm. As this portal grows over time, it's contents will include tips on cash... [more]

This wiki is a collaboration of time-saving tips and crucial business advice for solo attorneys and anyone who's in the business of running a small law firm. As this portal grows over time, it's contents will include tips on cash management, law firm marketing, client billing procedures, staff management and business strategy in the context of a law practice. Feel free to add your advice - based on experience - to this public resource.

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Swarm Theory and The Practice of Law

Written by psmithcalifornia on
Wow. And here I just filed a post about nothing happening during these 'dog days' of summer in the blawgosphere, and I tumbled upon a great post by new blogger David Bilinsky of Thoughtful Legal Management . David reviews a National Geographic article about bees, swarm theory, and the implications for business (and other human) management. Fascinating stuff. David also mentioned a recent Cornell University study that speaks to the issue. Birds and Bees I'm not sure I can do justice to the entire concept of "swarm" theory, and frankly even the descriptions from the scientists sound fuzzy to me. At any rate, the ... Read Full Story

The Ferengi and True Intellectual Capital Management: Exploitation Begins At Home

Written by psmithcalifornia on
You gotta' love the "Ferengi". You don't remember them? One of the more memorable "alien" species on the now-defunct "Star-Trek Voyager" series (maybe they were on DS9, too, but I never liked that one). Anyway, the Ferengi. They were the greatest capitalists in the galaxy (at least in our quadrant). Not only were they skilled capitalists, but they had created an entire all-consuming philosophy centered around maximizing wealth. They were shameless. (God! I love those guys!) Anyway, the Ferengi also had 600-some-odd maxims of capitalism (the " Rules of Acquisition "). One of them was: "Exploitation begins at home." I will take a pass ... Read Full Story

Hannah Arendt's "Natality"--Embracing "Politics" as a Positive Virtue in the Practice of Law

Written by psmithcalifornia on
I am sick and tired of hearing partners and associates alike bemoaning the difficulties, unfairness and over-all messiness of law firm "politics". Many otherwise highly intelligent, well-read and forthright professionals start sounding like 7-year-old boys (I ought to know, I have two of the creatures at home) when they start gabbing about machinations in their respective offices--and usually it all starts sounding like an elaborate and just plain wishy-washy excuse for mediocrity. "But 'she' got made a partner just by kissing up to the big partners!" and again "But 'he' got onto the managing committee and froze me out of that great new project!" ... Read Full Story

Bourne Ultimatum—An Ancient Paradigm Comes Out of the Closet

Written by psmithcalifornia on
Bourne Ultimatum—An Old Paradigm Comes Out of the Closet I just caught “Bourne Ultimatum” last night (opening night in San Francisco)—the third installment of the amazing film franchise staring Matt Damon. Don’t worry: no spoilers within. I have to say, the action is riveting, the tension unrelenting, the premise compelling. Most action films engage only your adrenal gland—adrenaline is pumped into your system while the ridiculous plot turns and transparent appeal to emotion coax your brain to slowly shut down. Not so with the Bourne Ultimatum. Of course, this spy flick has the twist of involving a sort of “anti-James Bond”—this guy does NOT ... Read Full Story

Partners: Have Your Book Ready--And Your "Synergy" Spiel Too

Written by psmithcalifornia on
A short note on partner metrics. I always enjoy reading MacEwen's thoughts on law and economics, but I have to say I have a bone to pick with him on his post back in May about partner metrics . He opines there, quite rightly, that firms are looking for alot more than just the "size of the book". They also want someone who is going to add something to their practice in terms of substantive practice that expands their reach. It is not enough to just bring immediate profits (as bringing over a partner is always risky--the clients aren't obligated to play along, after ... Read Full Story
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