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As a business owner, as many lawyers are, you may have heard about the 80/20 principle, also known as the Pareto principle. This principle states that 80% of your results come from 20% of your efforts. In other words, a small portion of your actions generates the majority of your outcomes. Understanding and utilizing this principle can help you grow…
Continue Reading How to Use the 80/20 Principle To Grow Your Business

Law firms hold sensitive information about clients and their legal matters, making them a prime target for cyber attacks. As technology continues to play a larger role in the legal industry, it is essential for law firms to understand the importance of cyber security for lawyers and take steps to protect their clients’ information.
Cybersecurity for Law Firms: The Risks:…
Continue Reading Cyber Security Awareness for Lawyers

Charlie Munger is the first lawyer I knew who carefully studied “standard thinking errors.” He talked about them in his famous speech on The Psychology of Human Misjudgment.
My last post offered a well-known test of one type of thinking error known as the conjunction fallacy. As I write this, 162 people had taken the test and 36%…
Continue Reading An Introduction to “Standard Thinking Errors”

Cognitive psychologists Daniel Kahneman and Amos Tversky created a test of people’s tendency to get trapped by the conjunction fallacy. Here’s how the puzzle is presented.
Linda is 31 years old, single, outspoken, and bright. She majored in Philosophy. As a student, she was deeply concerned with issues of discrimination and social justice, and she also participated in anti-nuclear…
Continue Reading Linda the Teller

Every business-minded lawyer should know how to create SOPs (“standard operating procedures”).
SOPs are to a business what a CPU is to a computer. Think of them as the central hub for all the important work in your practice.
The more SOPs you develop, the better your business will operate. And the happier you’ll be because lawyers who run their businesses…
Continue Reading How to Create SOPs: What Software to Use

A law firm, like any business, faces the problem of project management. But law firm project management is different from the types of project management systems that you’ll find in other fields. Law offices are very specialized, both in the large sense–the scope of work of the firm itself–and in the small sense–the specialties of the lawyers and paralegals. 
Making…
Continue Reading Legal Project Management: How Is It Done?

Law practice management for solo and small firm lawyers is an uphill battle.
It’s hard enough to deliver high-quality legal services in an increasingly competitive environment. Add to that the job of law practice management, including dealing with technology and doing effective marketing to keep getting new clients…
Well, it’s a lot to deal with.
But it doesn’t have to…
Continue Reading Helping solo lawyers transform their law practices

Taking screenshots on your Mac screen can be incredibly useful. Why? Well, because…
Screenshots let you capture exactly what you’re seeing on your screen to share with others (or for your later reference).
Here are screenshot use cases:

  • To explain something quickly and easily with an image that would be cumbersome or tedious to explain using words (i.e., for getting

…
Continue Reading Taking Screenshots on a Mac Computer

A huge pain point for many attorneys is gathering documents that are needed to handle the matter.
I’m talking about gathering them from:

  • New clients (generally)
  • Clients in litigation who are required to gather documents for a discovery request
  • Co-counsel – various scenarios
  • Opposing counsel – ditto
  • Third parties – ditto

If it’s just a few documents you need you…
Continue Reading A new way for attorneys to gather documents