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Many lawyers start their firms focused on helping clients and building a successful practice, not wanting to think about the day they’ll leave it. However, failing to develop a small lawfirm succession plan for the firm’s eventual leadership transition opens the door to significant risks for your firm and your clients.
Last year, I reported here on the acquisition by LEAP Legal Software , an international provider of cloud-based practicemanagement software for smaller lawfirms, of WealthCounsel , one of the leading providers of software, training and support for estateplanning and elder law attorneys.
The post Future-Proof Your Practice: A Guide to LawFirm Succession Planning appeared first on Rocket Matter. Is your firm prepared to handle this transition without losing clients, momentum, or revenue? According to a 2013 LawFirms in Transition Survey , the answer for most firms is usually concerning.
Get free e-book Is your lawfirm struggling to keep up with repetitive document creation? For lawfirms dealing with complex cases or high volumes of work, these inefficiencies can lead to frustration, missed deadlines, and lost revenue. Thats where efficient lawfirm document automation comes in.
The majority of lawfirms use just five or fewer unique software products, according to a legal industry study published today by the lawpracticemanagement company Smokeball. Practicemanagement or case management, 34%. Reputation management, 10%. Payment processing, 36%.
Last year, I reported here on the acquisition by LEAP Legal Software , an international provider of cloud-based practicemanagement software for smaller lawfirms, of WealthCounsel , one of the leading providers of software, training and support for estateplanning and elder law attorneys.
This tool is particularly beneficial for lawfirms with multilingual practices, as it can translate videos into various languages, enhancing client engagement across different demographics. Typeform helps you create dynamic and interactive questionnaires that you can customize to match your firm’s needs.
They focus on business law, criminal defense, estateplanning, family law and labor/employment law. The Problem… With a couple firm locations under his belt, Scurlock reached out to his account manager (AM) at Avvo and requested a focus change in lawfirm advertising to cover both Texas and Arkansas.
Running a lawfirm is a lot of work. Large lawfirms understand the need for effective marketing and often hire internal marketing managers to handle this task. They have the resources to hire and benefit from a marketing manager on their staff. What Is a LawFirm Marketing Manager?
While we have recently launched, we spent some time on surveying the market and have planned our product development around the biggest pain points of litigators. AltFee Elevator Pitch: AltFee revolutionizes lawfirm pricing by offering a foundation for alternative fee structures. What makes you unique or innovative? and Beagle.
They focus on business law, criminal defense, estateplanning, family law and labor/employment law. The Problem… With a couple firm locations under his belt, Scurlock reached out to his account manager (AM) at Avvo and requested a focus change in lawfirm advertising to cover both Texas and Arkansas.
Similarly, lawfirms are finding success by focusing on a particular industry or area of law, such as real estate, environmental law, immigration, civil litigation or a host of other specialties. A general practice attorney is not required to establish a new business process with each new client.
Aiming to help lawfirms capture more client leads and streamline client intake, the lawpracticemanagement company Smokeball is introducing Smokeball Intake, an intake workflow system integrated within its platform that is intended to provide potential clients with the kind of digital experience they expect from a modern lawfirm.
The majority of lawfirms use just five or fewer unique software products, according to a legal industry study published today by the lawpracticemanagement company Smokeball. Practicemanagement or case management, 34%. Reputation management, 10%. Payment processing, 36%.
In an industry of precision, trust, and consistency, lawfirms need to plan strategically to achieve sustainable growth. The legal landscape is changing fast, and lawfirms are under pressure to become more efficient, deliver better client service, and be more adaptable to stay competitive.
By streamlining tasks, including marketing and client communications (which any lawyer knows can take up more time than expected), lawfirms that leverage AI can increase their profitability and productivity. Understandably, many lawfirms are cautious about utilizing ChatGPT and other AI tools.
LEAP Legal Software , an international provider of cloud-based practicemanagement software for smaller lawfirms, has acquired WealthCounsel , a leading provider of software, training and support for estateplanning lawyers, and its related company ElderCounsel. Going Deep on Content.
billion by 2029, your lawfirm needs to get on board—and sooner rather than later. Along with e-signatures, secure file-sharing is a must for lawfirms. Your lawfirm must find ways to safely share sensitive documents with clients to ensure their personal data remains protected. Still on the fence?
When discussing legal tech as an industry, we often focus on horizontal solutions — research, document management, case management, practicemanagement — that apply to lawfirms regardless of practice area. Field of law: Estates and trusts. These are the promised benefits of legal tech.
Why the billable hour matters Reports state that many attorneys bill between 1,700 and 2,300 hours per year , so not tracking all your time accurately can lead to tens of thousands in lost revenue. Second, lawfirms track the billable hours of each attorney. However, it can be hard to keep organized and prone to errors.
They focus on business law, criminal defense, estateplanning, family law and labor/employment law. The Problem… With a couple firm locations under his belt, Scurlock reached out to his account manager (AM) at Avvo and requested a focus change in lawfirm advertising to cover both Texas and Arkansas.
They focus on business law, criminal defense, estateplanning, family law and labor/employment law. The Problem… With a couple firm locations under his belt, Scurlock reached out to his account manager (AM) at Avvo and requested a focus change in lawfirm advertising to cover both Texas and Arkansas.
Thankfully, using cloud-based legal practicemanagement software like Clio makes it easier than ever for lawyers to work more efficiently and automate routine tasks—no matter where they are. Check out our free webinar: Watch How LawFirms Use Clio. But technology can also change how lawfirms operate.
Accounting lawyers possess a breadth of knowledge of the rules and regulations surrounding business transactions, taxes, estateplanning, and wealth management. They counsel clients on tax laws, draft documents such as wills, develop estateplanning strategies, handle tax disputes, and defend clients against IRS audits.
For example, Attorney at Work’s Top 20 Articles of 2021 captures the zeitgeist of what’s on the minds of small lawfirms. Legal research tasks used to fall into one of three groups with time as the limiting factor — doable by any lawfirm, doable only by large firms such as 50 state surveys, and impossible.
We attended a day-long retreat with practicemanagement advisors from across the U.S. She will teach “Legal Marketing Design: Crafting a Standout Strategy” at the OBA Solo & Small Firm Conference and wanted to hear what experts in the field are saying today. For us, the ABA TECHSHOW began on Wednesday. and Canada.
That means elder law will be a popular area, as will estateplanning and probate law. If your practice serves clients in or near an urban center, there may be a need for immigration lawyers. But dont just look at big-picture nationwide demand; consider what is happening in your region.
While we have recently launched, we spent some time on surveying the market and have planned our product development around the biggest pain points of litigators. Elevator Pitch: AltFee revolutionizes lawfirm pricing by offering a foundation for alternative fee structures. What makes you unique or innovative? and Beagle.
Their conversation ran the gamut from lawfirm marketing strategy to cultivating positive client relationships. Stay tuned for some inside baseball on creating a legal tech startup and the path that took Matt from practicing attorney to founder of MyCase and, eventually, Lawmatics. Matt Spiegel, welcome to Love Thy Lawyer.
EstateLawEstatelaw involves ensuring that a client’s estate is divided up, protected, or cared for according to their interests. You may work with a client before their death in terms of estateplanning, or you may work with their family to represent their estate in years to come.
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