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
Email efficiency for lawyers may just boil down to using it less — which is not a crazy idea, by the way.
Cal Newport has solid recommendations about curtailing its use in his excellent book “ A World Without Email .”
Recently, however, I realized there’s a gap in his advice.
Before I get to the gap, let me say
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You may be a wizard in the courtroom, but understanding how to master time as a lawyer is the key to a long and profitable career. So much of our days are spent mired in details that it can be hard to find the time you need to get everything done. Understanding good time management is how busy lawyers stay
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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
Nearly every lawyer, from associate to partner, experiences lawyer burnout at some point in their career. To some extent, it seems that being a lawyer and stress go hand-in-hand. But burnout doesn’t have to happen.
To help, let’s take a closer look at lawyer burnout and examine the causes and some ways of combating it.
Causes of lawyer burnout
There
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The legal profession would be nothing without access to information. So much of being a lawyer, or working in a law firm, is researching, writing, and communicating. And all of that can be achieved better if you have the right tools for the job. Yet, in the world of tech, lawyers often fall behind because of tradition or culture or
Continue Reading The Top Law Firm Tools
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
Practicing law can be an incredibly rewarding profession in so many ways. And it can be financially rewarding.
But money isn’t the most important thing. At least not to me.
Obviously, one needs to make enough money to cover expenses. And then you want to be able to live comfortably. Sometimes you get lucky and achieve this level of success
Continue Reading It’s not just about money
Later this month (August 26th), I’ll be participating in a webinar on paperless lawyering.
It’s being put on by a national CLE company, so it’s certified for CLE credit in all states (or so I’m told).
Free Access
The cost of registration is $245, BUT…they’ve given me a special code that gives you FREE access.
If you want to
Continue Reading Upcoming Paperless Webinar
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:
A huge pain point for many attorneys is gathering documents that are needed to handle the matter.
I’m talking about gathering them from:
If it’s just a few documents you need you
Continue Reading A new way for attorneys to gather documents