TweetSmall businesses and service businesses like law firms are all about people and relationships. If the relationships go bad, a business breakup can be just as difficult and costly as ending a marriage. Business partners and colleagues invest a great deal in the relationship and there are usually significant assets involved. The collateral damage to [...]
TweetSmall law firms are continuing to look favorably on merging or being acquired by larger firms in 2012. The number of small firm mergers and acquisitions increased by approximately fifty percent in 2011 compared to 2010 according to a survey conducted by consulting firm Altman Weil. In fact, there have been approximately fifteen mergers and [...]
TweetCyberattacks on Law Firms-Background In what has become an all too familiar refrain, a major New York law firm was recently informed by the FBI that all of the firm’s client files had been discovered on a server in a foreign country. Those files were then sent from that foreign server to China. For those [...]
by Mike Mintz on March 2, 2012 · 0 comments
in Large law firm issues,Law Firms,Legal marketing,Legal News and Trends,Legal Technology,martindale.com,Practice Management,Professional Development,Small law firm/solo practice issues,social media for lawyers
TweetA recent survey by ALM Legal Intelligence entitled “Fans, Followers and Connections: Social Media ROI for Law Firms” has disclosed that law firms are finally reaping dividends from their use of social media. Over 40% of the American law firms surveyed reported that participating in social networks and blogging led to new clients or business leads. About 180 law firm partners, marketers and administrators [...]
TweetIn a recent New York case involving an award of attorneys’ fees, the court called into question the hours worked by an inexperienced associate and the rate charged for those hours. The court subsequently severely reduced the firm’s request for attorneys’ fees. Facts The case, Francis v. Atlantic Infiniti, Index No. 19953/06 (N.Y. Sup. Ct., [...]
TweetIf you thought iPads were just cute gadgets for surfing the web, checking email, watching movies, and reading books, guess again. One Arizona law firm, Fennemore Craig, is using the iPad to revolutionize the way it does business, creating a much more efficient, seamless way of practicing law—and saving money and precious resources in the [...]
TweetIf you’ve been involved in international civil or criminal proceedings, you might have had trouble obtaining potentially relevant materials. This is no surprise because some countries are very protective of their or their citizens’ privacy. Additionally, others don’t enforce or don’t have relevant laws. LawTech Europe Congress 2012 is a conference dedicated to the discussion of [...]
TweetI’m a child of the 1980s. I grew up with Atari, ALF, Mr. T and The Smurfs. Then there was the music. Amidst the launch of MTV, the 80s produced some memorable (or is it hard to forget?) music. My favorite song from this decade is a-ha’s “Take on Me.” No doubt, you know the [...]
TweetSometimes it’s nice to receive some good advice for free. Whether it’s heartfelt counseling from a trusted friend or a kind word from a stranger, wisdom can come from everywhere. This week, Connected members have had more than their fair share. “Giving to get” Shelley Dunstone, Principal at an Adelaide-based legal consultancy, shared her [...]
TweetAsk most general counsel for their top issues when managing law firms and near the top will be ‘Pricing’. Almost without exception, they have been told they to cut their budgets for outsourced work – many by significant amounts, while maintaining the level of advice required order to keep their organisations risk-free. The big question [...]