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Showing posts from November, 2022

That's Refreshing: When Did You Last Revise Your Law Firm Templates?

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It’s hard enough running a law firm, without having to schedule time and effort to revise the templates you use in your law practice.  So, most lawyers don’t take the time to do it at all.  Or, they only update their templates when there has been a major statutory change.  Or, they have to do it when they make the (wise) decision to adopt a document assembly program.   Of course, that may mean that there is a large time break between updates, and that your documents may get stale.  Even if you’re not technically misinterpreting the law, because you’re updating for statutory and case law changes, you may not be implementing best practices in document drafting at all times, if you r editing process only comes around every decade or half-decade, potentially via one of the forcing functions described above.     So, it makes better sense to update your substantive legal document templates on at least a yearly or biannual basis, rather than allowing them to stagnate for a longer term.    

Howdy, Partner: What Law Firms Get Wrong About Partnership Agreements

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Oh, this one’s easy.     Law firms don’t often have partnership agreements.  Especially small firms.     Which is kind of shocking, right?  Because, if a lawyer had a business owner for a client, said lawyer would most stringently advise that business owner to draft a partnership agreement , if that business owner was to enter upon a partnership.     So, why don’t more attorneys follow that sage advice?     Maybe it’s a lack of knowledge about how to draft a viable partnership agreement ?     If that’s why you don’t have a partnership agreement, check out this excellent overview article on the topic from consultant, Arthur Greene, to learn more .     . . .     Then, if you want to talk further about building a more successful law firm partnership, give us a call.   Through a unique partnership between the bar association and  Jared Correia 's  Red  Cave Law Firm Consulting ,  National Creditors' Bar Association  members have access to experienced law practice management consu

Close Talker: Referrals from Other Lawyers are Nearer Than You Think

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The cool thing about working in 2022, is that everybody has more flexibility than ever before -- especially about where they want to work.  That’s awesome; and, that’s as it always should have been.  And, it’s also true for business owners, who should no longer feel compelled by client per ception to work in a downtown office.  And, lawyers: most of your clients, too, are working from home.  They get it.  Literally everyone gets it.   But, if you never leave your house, you might wake up one day with Cheetos dust covering your lips, and wondering what happened to Tuesday.  (In this hypothetical, it’s Friday.)  Human contact is still a good thing.  And, with respect to managing a law firm, contact with other attorneys can be essential for building a viable referral network.     So, even if you don’t want a traditional office space – and, honestly: why would you? – you can opt for an office share, potentially with in the offices of another law firm, that you can use on an ad hoc ba

Close Sesame: Three Things You Can Do To Improve Your System Security Right Know

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It’s 2022, and everybody is still kind of bad with passwords.  Many passwords, in fact, still contain the word . . . password .  That can’t be good.     However, there are three simple moves that you can make to ensure that your passwords are more impressive, and difficult to hack.  That will, in turn, better secure the systems that you are using passwords to protect – which, at this juncture, are pretty much all your systems.   Step one, is to generate stronger passwords.  You can try passphrases .  You can use a password management tool, that will generate more secure passwords for you, so you don’t have to.  And, you can ensure that you’re not using the same password across multiple programs, which is dangerous, because if one gets hacked – they all get hacked.     Step two, is to lean into password managers.  Not only can those systems generate strong passwords for you, you can also use these tools to manage loads of passwords, including across devices, software tools and tea