Best Practice Tips

Starting a new law firm can be an incredibly exciting endeavor, but it can also be daunting to navigate the process and face the unknown. After all, attorneys must consider everything from software to practice management to client services. The ISBA’s Starting a Law Firm Checklist provides a breakdown of the basic framework and issues to consider when opening a firm, including the following: Corporate filing status Source of funds for the operation Associate/staff compensation Practice management software The checklist is one of many member resources available at Practice HQ, the ISBA’s one-stop microsite for practice management and technology…
Law firms often make easy targets for ransomware attacks. The primary reason is that firms are late to the security game. Criminals target firms with ransomware because they have low security, very sensitive data, and will pay to keep it. The ISBA’s Six-Step Ransomware Defense Plan for Law Firms provides an outline for how to avoid a disruptive and money-losing ransomware attack. The whitepaper is one of many member resources available at Practice HQ, the ISBA’s one-stop microsite for practice management and technology information. Organized by the life cycle of a law practice, Practice HQ can help you start…
The owners of law firms may consider merger options as part of their succession planning. While periodically reviewing merger options can be an effective part of long-range strategic plans, it’s important that firms do not rely on mergers as a life raft. Instead, mergers should incorporate a well-thought business strategy and create greater client value. The ISBA’s Merging Law Firms Checklist helps attorneys plan for a successful merger, and includes formation, compensation, accounting, and billing considerations. The checklist is one of many member resources available at Practice HQ, the ISBA’s one-stop microsite for practice management and technology information. Organized…
Many attorneys spend their time and resources focusing on getting more leads but fail to realize that what they do with those leads is just as important as generating them. The ISBA’s whitepaper on managing leads and converting prospects into paying clients highlights four major components of improving conversion rates, which include training for your front office and intake staff; specific tactics and strategies to maximize conversion at each stage; intake customer relationship management software; and the tracking and measuring of key metrics. The whitepaper is one of many member resources available at Practice HQ, the ISBA’s one-stop microsite…
An American Bar Association study reported that 17 percent of all malpractice claims are the result of a poor attorney-client relationship, and nearly 75 percent of all grievances filed against lawyers are the result of poor communication. The ISBA’s whitepaper on improving client communications provides practical guidance for attorneys to form better business relationships with their clients. Topics include potential causes for a breakdown in communication, internal communication issues, and steps to improve interactions with clients. The whitepaper is one of many member resources available at Practice HQ, the ISBA’s one-stop microsite for practice management and technology information. Organized…
For many law firms, referrals are an integral part of obtaining new clients. But it takes time to build a referral base, which must be cultivated through meaningful relationships with reliable sources. The ISBA’s whitepaper on increasing a firm’s referrals provides five fundamental keys to accomplishing that goal. They include tips such as not trying to be a generalist, actively building relationships with five to 10 new referral sources each year, keeping in touch on a regular basis, rewarding people for referring clients, and not relying on just other attorneys for referrals. The whitepaper is one of many member resources…
Closing a law firm can be a daunting task. There are many considerations attorneys must take into account, and the process itself takes time due to obligations to protect client information as well as the interest of the clients. The ISBA’s Closing a Law Firm Consideration Checklist provides a breakdown of the basic framework and issues to consider when closing a firm, including the following: Client lists Firm’s files and records retention information Insurance policies Designating another attorney to close the practice in the event of death or incapacitation. The checklist is one of many member resources available at Practice
In the digital age, technology is the cornerstone of any law firm. With a myriad of options on the table, it’s important to ensure that you don’t forget anything when opening a new practice. The ISBA’s New Firm Technology Checklist provides a comprehensive list of everything you’ll need to budget for, including hardware, software, security, and other technological services. The checklist is one of many member resources available at Practice HQ, the ISBA’s one-stop microsite for practice management and technology information. Organized by the life cycle of a law practice, Practice HQ can help you start a firm, build,…
With nearly 75 percent of consumers searching for an attorney online, it is important to make your website the hub of a successful legal marketing strategy. What makes the difference between a great website and an ineffective one? It starts with planning. The ISBA’s whitepaper on using a website as the heart of an online marketing strategy covers important topics such as search engine optimization, creating and promoting exciting content, creating an appealing website design, and more. The whitepaper is one of many member resources available at Practice HQ, the ISBA’s one-stop microsite for practice management and technology information.…