The National Creditors Bar Association Law Practice Management Blog

The coronavirus pandemic has shaken the global health and economic infrastructure.  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.  But, taking  the  ‘e’ out of things like  epayments  and  esignature , and normalizing those items as  ‘ just ’  payments or signatures is going to take a significant mindset change for the vast majority of lawyers.   Every law firm is going to have to adjust to virtual practice in a compressed time frame, in order to modernize for a  clientbase  that will require it.  It’s not the best-case scenario, of course, that it took a major pandemic to usher a new age of technology into the law firm environment.   But,  the change will ultimately benefit lawyers, too.  Now, it’s a question of how rapidly your law firm can a...

Most lawyers think of ‘virtual law practice’ as an all-in sort of thing:   Either you’re completely virtual, or you’re not virtual at all.  Only, that’s not the case.  Even virtual law practices intending to be totally virtual don’t ever  really  get there.  For one thing, law firms (due in part to jurisdictional limitations) are almost always physical entities, in some sense, even if the physical entity is a home office and  the physical network is  a limited number of local referral sources.  So, at least in this day and age, it’s almost impossible to be  completely  virtual.   And, that notion changes the complexion of this entire conversation .    I f a virtual  law  practice doesn’t have to be  totally  virtual -- what percentage  does  it have to be virtual?  95%?  92%?  4 7 %?  3%?  The fact of the matter is that it is really hard to def...