NCBA Law Practice Management Blog
OCTOBER 27, 2024
Artificial intelligence has fast become a fact of modern life – as it has perhaps been adopted more widely, more quickly, than any previous technology. Yet, lots of attorneys still haven’t had any substantive experiences with AI, to date. But, the fact of the matter is that there are a lot of use cases for AI, in law practice; so, it may be easier to get started, than you think.
Collection Industry News
OCTOBER 27, 2024
For some shoppers, the upcoming holiday season may lead to significant credit card debt. Meanwhile, some people are still paying off debt from last year’s gift buying. In fact, 28% of shoppers who used credit cards have not paid off the presents they purchased for family and friends last year, according to a recent holiday spending report by NerdWallet.
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NCBA Law Practice Management Blog
OCTOBER 27, 2024
According to a new report from Legal.io, law firm mergers are on the upswing, in 2024. The interesting part of that report, is just how many small firms are involved in the merger conversation. All me rgers were up 24% for Q1 of 2024; but, fully 65% of those mergers involved law firms with between 5-20 attorneys. Anecdotally, of late, I have myself been involved in helping to move forward mergers between small firms, including those where 2 solo lawyers have joined forces to form a small law fir
NCBA Law Practice Management Blog
OCTOBER 27, 2024
I feel like I can safely say that – even though I have no idea what your rates are. In my experience, most law firm rates are far too low. That’s especially true if you bill hourly. Hourly rates for attorneys don’t even keep up with inflation. But, maybe you already knew that. And, perhaps you may even really want to raise your hourly rates. Though, you may also be thinking: I haven’t done that in quite some time , so I have to make a huge change , in order to make up for that.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
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