NCBA Law Practice Management Blog
FEBRUARY 25, 2024
Booking initial consultations are essential for most law firms. That’s how the vast majority of lawyers vet their potential clients, and determine whether or not they are a fit for the firm. It’s also a way to test your potential client’s payment bona fides , which is why the majority of attorneys who hold initial consultation meetings, charge for those.
Collection Industry News
FEBRUARY 25, 2024
Americans now owe a collective $1.13 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances increased by $50 billion, or roughly 5%, in the fourth quarter of 2023, the New York Fed found. Credit card delinquency rates also jumped — particularly among younger millennials, or borrowers between the ages of 30 and 39, who are burdened by high levels of student loan debt.
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NCBA Law Practice Management Blog
FEBRUARY 25, 2024
In an ideal world, your email inbox is ‘ mission critical ’. That mean it’s a collection of messages from your clients and referral sources, while you screen the remainder of the noise out, via subfolders, as well as labeling junk and phishing messages aggressively. Although, that’s not always how it goes, is it ? You know what else shows up in your inbox, that you can’t ignore – that’s right: questions and notifications from your staff and colleagues.
NCBA Law Practice Management Blog
FEBRUARY 25, 2024
Now, this wasn’t always a thing; but, as of now: law firms in any jurisdiction of the United States can utilize ‘trade names’. What that effectively means is that, so long as you don’t choose a name that’s misleading, you can select a brand name for your law. That’s kind of a big deal; because it’s difficult to convey what your offering is to potential clients, simply by naming your law firm after your and/or your partners ’ names.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
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