Most small law firms continue to face challenges acquiring new clients and are spending too much time on administrative tasks, providing opportunities for competitors who are willing to explore innovative new delivery models and productivity-enhancing technologies. These are among the findings of Thomson Reuters 2020 State of U.S. Small Law Firms report, which interviewed more …
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Helping Small Law Firm Lawyers Bring a Strategic Plan to Life
Leaders of small law firms are increasingly acknowledging that they need solid business management skills to secure their practice’s future. Planning a firm’s future starts with setting goals and dedicating resources to achieve them. Aligning resources around your objectives moves goal setting from the aspirational to the accomplishable. For many lawyers, strategic planning is overshadowed …
Helping Small Law Firm Lawyers Plan for the Future
Practicing law is what small law firm lawyers do well. Yet often they are reluctant business owners; few of them went to law school intending to run their own small business. Increasingly, leaders of small law firms are realizing that they are, in fact, business owners, and that they need to improve their business management …
Small Law Firms Struggle to Generate Billable Hours
Small and solo law firms said that only 60 percent of their day is spent practicing law, according to findings of the 2019 State of U.S. Small Law Firms Report. The remainder of their time is devoted to managing their practice. With more than one-third of their time consumed by challenges such as acquiring new …
The Real-World Risks of a Slow Mobile Website
Worrying about how quickly a website may load on your smartphone can be a nuisance when you’re just looking to occupy your time waiting for a table at a restaurant or for that friend who thinks running late is cardio. But for people looking to find legal assistance on their mobile device in the midst …
FindLaw Playbook – Legal Marketing 103
For most small law firms, the conventional wisdom is that a website with a great design and optimized content will be sufficient to attract potential clients. Get the basics right, and in theory, your phone will ring. But with today’s modern web user, a website is just a thread in a detailed web of online …
Thomson Reuters sponsors new season of FantasySCOTUS
FantasySCOTUS, the Internet’s leading Supreme Court Fantasy League, launched its sixth season, sponsored again this term by Thomson Reuters. FantasySCOTUS, operated by LexPredict, promotes study, discussion and greater understanding of the workings of the nation’s highest court. It unites experts, crowdsourcing and computer algorithms to make predictions on how each of the nine Justices will …
Karl Florida on how technology drives profitability for small law firms
As 2013 starts to wind down, 2014 profitability may be top of mind for many small law firms. In a new article posted on the Legal Solutions site, Karl Florida, managing director of Small Law Firms for Thomson Reuters, applies smart business acumen to the current small law firm environment. In How Technology Drives Short- …
Join Firm Central at the 2013 Strategic Solutions for Solo & Small Firms conference
This article was written by Jeff Kohl, intern for Small Law Firm Marketing. Firm Central is thrilled to be one of two platinum sponsors at the 2013 Strategic Solutions for Solo & Small Firms conference this weekend in Duluth, Minn. Representatives will be on hand to talk about practice management tools and cloud services specifically for the …
Brian Mismash on Firm Central, mobile integration, innovation and more
Legal professionals in solo and small law firms have been empowered to efficiently manage their practices on the matter-centric Firm Central since it launched this past January. Firm Central brings together all of the most important legal solutions tools for litigators, including documents and forms, calendars, legal news, task lists, access to Westlaw research, billing …