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Build Your Own Law Firm #4: Office Space
- May 24, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Marketing, Starting a Law Firm
No CommentsThere are many contributing factors to the continually decreasing expense of opening a law firm. But, one of the chief reasons law firm founders are paying far less than they were even ten years ago has been the rise of office flexibility. Traditional law firm leases involved hefty price tags and long-term commitments. Yet, many
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Build Your Own Law Firm #3: Initial Tech Expenditures
- April 22, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Financial Management, Starting a Law Firm, Technology
When you start a new law firm, it will be difficult to avoid obsessing over your technology platform. Everyone is going to be telling you that you need the right technology to be efficient, so you can make more money. And, that’s true. But, efficiency is in part based on volume. Your practice five years
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Be an Entrepreneur, But Also a Normal Human Being: Mow Your Own Damn Lawn!
- April 16, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Marketing, Starting a Law Firm
Being an entrepreneur is at turns exhilarating and exhausting. Additionally, it’s isolating. If you work by yourself . . . you work by yourself. Especially if you work from home regularly, without anyone to spin your ideas off of, it’s very easy to live and remain in your own head; and, it’s hard to avoid
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Build Your Own Law Firm #2: First Clients
- April 11, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Marketing, Starting a Law Firm
The ultimate question for a law firm’s viability is simply whether it can add clients on a recurring basis. When an attorney launches a new firm, the stage at which that question can be resolved affects how the new law firm will market it services. There are two ways that new law firms get clients,
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Single File: All Your Documents Need to be In One Place
- March 26, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Technology
Far too many law firms continue to operate in silos, in terms of document management. But, silos are only good when you’re storing grain . . . or a body. (Wait, did I say that out loud?). And, since you’re not doing either of things (probably), it’s time to consolidate your document files. Even as
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Build Your Own Law Firm #1: Malpractice Insurance
- March 17, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Financial Management, Malpractice, Starting a Law Firm
Risk is the first consideration for any business owner. Starting a new business is an inherently risky proposition: You may be leaving a salaried position. You may misjudge the market for your services. You may be overcome by the business management responsibilities that threaten to strangle your technical proficiency. But, for lawyers, the notion of
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Turn Me On, I’m a Radio: Why Your Legal Software Isn’t Sirius XM
- September 11, 2017
- Posted by: jaredcorreia@gmail.com
- Category: Financial Management, Malpractice, Technology
Many lawyers find fast frustration with new software. This is, in large part, grounded in a notion many attorneys carry with them that the products they buy should ‘just work’. This also has some roots in the general culture. I mean, when you buy a new car, you intuitively know how your car radio is
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Empowered by Embroker: New School Professional Liability Insurance for Modern Law Firms
- July 9, 2017
- Posted by: jaredcorreia@gmail.com
- Category: Malpractice, Technology
There’s not a more traditional subject matter for lawyers than the acquisition of professional liability insurance. And, not much has changed about the way that law firms acquire insurance, since law firms started acquiring insurance. It’s like grandma’s apple pie: scratch-built, time-consuming and rough around the edges. But, in the modern economy, lawyers, as insurance
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System of a Down: How to Reverse Engineer a Law Practice
- June 17, 2017
- Posted by: jaredcorreia@gmail.com
- Category: Financial Management, Malpractice, Technology
When you build a law practice, sometimes it comes out looking like one of those old Volkswagen kits: personally beloved by the builder, while others looking on are just like, ‘What the actual fuck?’ I do think that the vast majority of solo and small firm lawyers have a good sense of how to run
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Nothing New Under the Sun: Recent ABA Ethics Opinion on Lawyers’ Use of Encryption Does Not Have Much Practical Effect
- May 26, 2017
- Posted by: jaredcorreia@gmail.com
- Category: Malpractice, Technology
The American Bar Association has recently released Formal Opinion 477, covering data security obligations of lawyers and law firms, including with respect to encryption. You can access a full copy of the opinion, as well as a summary of its content, at my friend Bob Ambrogi’s always hyper-relevant LawSites blog. As usual, when something like