NCBA Law Practice Management Blog

SEPTEMBER 13, 2024

In many law firms – especially the small ones – managing attorneys are held hostage by their staffpersons. But, as a lawyer, you’ve got to maintain control of your business, in part because any ethics-related issues that arise, can cost you your license to practice. It’s something of a vicious circle. Nip Dissension in the Bud.

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FFGN COLLECT NY

OCTOBER 6, 2021

Jocelyn Nager, managing partner of the New York debt collection law firm Frank, Frank, Goldstein & Nager P.C., has been named a “Super Lawyer” for the sixth consecutive year. Super Lawyers rates outstanding lawyers from more than 70 practice areas, recognizing no more than 5 percent of attorneys in each state.

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Jimerson Firm

JUNE 24, 2021

Five Jimerson Birr Partners Named Florida Super Lawyers and Rising Stars in Business Litigation. June 24, 2021 – Jimerson Birr is proud to announce that five of its partners have been recognized as 2021 Florida Super Lawyers and Rising Stars in Business Litigation. Meadows were again named Florida Super Lawyers Rising Stars.

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NCBA Law Practice Management Blog

JULY 22, 2023

Broadly speaking, lawyers take on too much. But, the fact is that this also has a direct effect on how much a lawyer can make. Hear me out: Because lawyers try to do everything, and to do everything perfectly, they’re also more prone than the general population to take on more work than they need to. You know how it is.

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Debt Free Colorado

APRIL 1, 2021

That said, let me walk you through all the elements of this particular email that tip it off as a scam: From: Sherrill Green <SherrillGreen@outlook.com> Wait, the prestigious “Webster Law Firm” doesn’t have it’s own domain and you’re using a generic outlook.com account? Attorney at Law?

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NCBA Law Practice Management Blog

AUGUST 9, 2024

Generally speaking, most law firm intake systems need a whole heck of a lot of work. But, while many law firms lose leads through their client journey, that probably could have been converted – there is one thing that law firms usually get right, in the intake process.

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PDC Flow

FEBRUARY 7, 2024

This means keeping funds separate through different lawyer trust accounts and operating accounts. It’s essential to have strict financial management practices and payment software that can handle multiple lawyer trust and operating accounts. IOLTA IOLTA stands for Interest on Lawyers’ Trust Accounts.

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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. This makes the whole process seamless, for both the potential clients and the ir potential lawyers.

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NCBA Law Practice Management Blog

SEPTEMBER 8, 2023

Law firms have quite a few options for getting their first, or a revised, website built (rebuilt). Sounds weird, I know – but, this relates back to a big problem that attorneys have: that they can’t seem to let go of doing everything, because lawyers feel like they’re the best at everything. They can design the best websites.

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NCBA Law Practice Management Blog

JULY 20, 2024

Pre-pandemic, attorneys in a not insignificant number of states were disallowed from using ‘trade’ or ‘brand’ names for their law firms. You know, like ‘Taco Bell’ – though, you probably wouldn’t actually name your law firm Taco Bell. And, yet: few have. If you’re down for a rebrand, we can help!

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NCBA Law Practice Management Blog

DECEMBER 29, 2022

Most solo and small firm attorneys think of their law firms as a salary replacement for a full-time law firm job, with some upside: both on income, and freedom. Lots of lawyers are looking to run out the clock on their practice, and then ride off into the sunset – or , work until they die. But, that’s it.

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NCBA Law Practice Management Blog

NOVEMBER 23, 2022

Law firms don’t often have partnership agreements. Especially small firms. Because, if a lawyer had a business owner for a client, said lawyer would most stringently advise that business owner to draft a partnership agreement , if that business owner was to enter upon a partnership. Oh, this one’s easy.

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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. Unless your law firm is winding up; then, don’t waste your time.

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NCBA Law Practice Management Blog

DECEMBER 8, 2023

As law firms (slowly) try to dig out from under the hourly billing model (trap?), It’s kind of like a legal insurance policy, and it allows law firms to acquire recurring revenue. For estate planning attorney s , that c ould include access to lawyers, updates to estate plans and document libraries.

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NCBA Law Practice Management Blog

OCTOBER 15, 2023

Most lawyers who are billing hourly (which are still most lawyers) – and, even those who aren’t – continue to slavishly send out invoices at the beginning of every month, covering the fees accrued by clients for the prior month. That’s why some law firms are experimenting with more regular billing models.

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NCBA Law Practice Management Blog

NOVEMBER 17, 2024

Some solo lawyer s , in fact, never do it. But, if you can make that hire, and make it successfully, that’s like adding lighter fluid to the fire of law firm growth. Since law practice is a service industry, that means that you need people putting in hours, in order to make money. They just can’t get past the fear.

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NCBA Law Practice Management Blog

FEBRUARY 19, 2023

Since the COVID pandemic struck, and law firms were forced to immediately reenvision their intake processes as digital programs – attorney s have been more focused on the ‘ client journey ’ than ever before. Oftentimes, law firms will push that duty onto existing staff.

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NCBA Law Practice Management Blog

DECEMBER 3, 2023

Many attorneys, especially solo and small firm lawyers, get lost in the sauce – they can only see the forest, and becom e overwhelmed ; consequently , they are frozen , and ca n’t seem to take any positive action. If you want some help generating a viable task list for your law firm, contact us today!

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NCBA Law Practice Management Blog

JANUARY 3, 2024

For lawyers who engage with the buying public – which is just about every lawyer, whether they’re working with consumers o r businesses – workshops can be a great way to build a client and referral base, as well as solidifying an attorney’s expertise. Workshops are like focus groups, and so have significant value, in th at way , too.

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NCBA Law Practice Management Blog

NOVEMBER 18, 2023

I was talking to a friend of mine, who runs a highly successful law firm, the other day. And, he told me ‘clients aren’t the problem, I need to hire good lawyers’. To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business.

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FFGN COLLECT NY

FEBRUARY 24, 2023

There are a lot of debt collection law firms and debt collection agencies available to choose from. Sometimes the first spots are debt collection agencies and lawyers with savvy marketing skills or those who purchased keywords or ad space — none of which reflect a debt collector’s ability to collect within the state.

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NCBA Law Practice Management Blog

JULY 22, 2023

Some lawyer s get burned hiring staff, whether it’s legal assistant s , paralegals or other attorneys. In my experience, I’ve found that law firms connect on a successful hire (across all employee categories) about 40% of the time. 400 over a full seasons. over 80 years ago. 400 over a full seasons. over 80 years ago.

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Jimerson Firm

FEBRUARY 4, 2021

Florida-based Business Law Firm Makes Fourth Appearance on Gator100 List. Florida-based business law firm Jimerson Birr has been named to the 2021 Gator100 list released by the University of Florida (UF), which recognizes the 100 fastest-growing businesses in the world led by its Alumni.

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NCBA Law Practice Management Blog

NOVEMBER 18, 2023

Of course, that can be a difficult thing for law firm business owners to get their heads around. That’s because most of them are lawyers – and lawyers are trained to be perfect, to never make mistakes, with the ever-present threat of an ethics claim hanging over their heads. But, running a business is not practicing law.

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Collection Industry News

JANUARY 17, 2024

legal industry has already seen a flurry of new law firm mergers in 2024, as Kilpatrick Townsend & Stockton on Wednesday became the latest to announce a combination with a smaller firm. Atlanta-founded Kilpatrick said it will add more than 55 lawyers in Chicago from a firm called HMB Legal Counsel. Several U.S.

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NCBA Law Practice Management Blog

MAY 27, 2024

Law firm revenue usually has an ebb & flow to it, especially when you talk about firms that rely on hourly billing. Law firms can design some assumptions about what they’ll make by utilizing revenue projections. Lots of law firms I talk to will say they’re having a bad month, from time to time.

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Account Recovery

OCTOBER 3, 2024

I started out in corporate law/capital markets/structured finance & derivatives in NYC for just a few years. I moved to Minneapolis and continued with corporate law and commercial law both at a law firm and in-house corporate legal teams in a variety of industries. When or how are you most productive?

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NCBA Law Practice Management Blog

OCTOBER 29, 2022

So, it’s important that, if someone calls your law firm, you pick up. That’s in part because 64% of law firms voicemails are never returned. But, most lawyers aren’t picking up the phones on their own. Wanna talk business management for your law firm? or, have someone pick up for you. Give us a call.

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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.

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Jimerson Firm

MARCH 24, 2022

Under his leadership, the law firm has been continuously recognized for its achievements, including the Jacksonville Business Journal’s “50 Fastest Growing Companies in Northeast Florida” and “Top Ranked Veteran Owned Business,” and one of Florida Trend Magazine’s “Best Companies to Work for in Florida” for seven consecutive years.

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NCBA Law Practice Management Blog

NOVEMBER 4, 2022

And, lawyers: most of your clients, too, are working from home. And, with respect to managing a law firm, contact with other attorneys can be essential for building a viable referral network. you can opt for an office share, potentially with in the offices of another law firm, that you can use on an ad hoc basis.

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Credit Corp

APRIL 2, 2024

If so, a credit lawyer may be able to help. Credit lawyers help with credit repair solutions. This article explains what credit lawyers do and how they can help repair your credit. For this reason, many people turn to a lawyer who has experience helping people repair their credit. What Is a Credit Lawyer?

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Collections Law

FEBRUARY 9, 2024

Partnering with a law firm that has a reputation for ethical debt collection can help to ensure that collection efforts are both effective and compliant with the law. State and federal consumer and commercial laws afford methods for creditors to collect the debts that are owed to them. What is ethical debt collection?

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Troutman Sanders

SEPTEMBER 7, 2023

Kohn Law Firm, S.C. The creditor then placed the account with the defendant law firm for collection. The law firm filed suit against the plaintiff in state court seeking judgment in the amount of the debt as well as “statutory attorney fees.” In Choice v. The bank sold the debt to the defendant creditor.

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Sawin & Shea

MARCH 7, 2023

If you’re struggling with debt and considering bankruptcy, speaking with a bankruptcy lawyer can help you determine your best options and give you some clarity on how the process works. At Sawin & Shea, LLC, our Chapter 7 Bankruptcy lawyers have helped clients just like you in the Indianapolis and surrounding areas.

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Account Recovery

SEPTEMBER 16, 2024

This case is a good reminder that when seeking to collect against third parties under the FDCPA, law firms and collection agencies should remember to include the initial disclosures to anyone who they plan to hold responsible for the debt.

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NCBA Law Practice Management Blog

APRIL 7, 2024

Whenever I talk to law firms about employing automation for customer service – especially in the context of law firm intake – the attorneys usually push back by saying that they don’t want to automate anything, since they prefer ‘high touch’ customer service.

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