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The Hourly Rate is Dead - Long Live the Hourly Rate

I always wondered what the phrase, “The King is dead. Long live the King” means. If the King is dead, why are the next words, “long live?” According to Wikipedia, the phrase is a traditional proclamation made following the accession of a new monarch. I am reminded of this phrase every time I read about the death of the hourly rate and presumably the “accession” of the alternative fee arrangement (AFA). Well, to paraphrase Mark Twain, “the reports of the death of the hourly rate have been greatly exaggerated.” Continue reading this post on Ezinearticles.com ... Read More
Categories: Practice Management

Smart Lawyers Have Smart Phones

In my CLE on client service, I reveal a very simple formula for satisfying clients. Know what they expect and then manage those expectations. The formula is certainly a simple one, but we all know that it is lot easier said than done. Continue reading this post on Ezinearticles.com ... Read More
Categories: Practice Management

Should You Make Resolutions for Next Year?

The new year is just around the corner. Are you going to make any resolutions for your practice? The good; they can keep you focused. The bad; they may discourage you if you cannot keep them. When I coach attorneys, I take a middle-of-the-road approach. I ask clients to think about two to four goals for the year. Keep them broad and forego a very detailed action plan. Also, be realistic. Keep them simple Goal setting in and of itself is always a good idea. It forces you to take a “time out” from the your daily routines. Think about some things you would like to change next year. I am not a big fan of spending lots of time writing down the nitty gritty for two reasons. First, it can be time consuming. Should you spend days to determine t… ... Read More

Good News for Lawyers: Your Competition Stinks!

Lawyers must market because the competition for business can be brutal in virtually all practice areas and localities. That is the bad news. The good news is that the vast majority of the competition stinks. Here are two stories to illustrate my point; both of them told to me by attendees at one of my recent CLEs. Both are general counsel at mid sized corporations. Continue reading this post at www.lawyerist.com ... Read More
I hired Roy to help me determine whether I should merge my firm with another one. He was always available to help me sort through all of the issues as the landscape regarding deal seemed to continually change. I ultimately decided not to do the deal.…" Read the rest
– Owner, small Augusta, GA law firm

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