Previous month:
January 2009
Next month:
March 2009

February 2009

Expanding Your Practice with "Of Counsel" Relationships

In this age of change, with large law firms laying off partners and associates, I have to wonder about the future of the of counsel relationship.  As a result of technology and the internet, large corporate law firms which dominate the market based on sheer size are going to start seeing real competition from boutique and small firms.  It also seems to me that lawyers and firms will start forming looser associations as they look to service their clients in distinct, but related, practice areas.  Will these associations take on an "of counsel" flavor?

I would be interested to hear your thoughts about whether or not the of counsel relationship will grow over the next few years.  Further, I would be interested to know whether or not you see ethical limitations on the of counsel relationship which will limit the ability of law firms and lawyers to develop relationships short of partnership.


Attorneys And Stockbrokers Among The 20 Most Stressful Jobs

Stephanie West Allen of Idealawg posted an article indicating that the category of attorney ranks number 82 in a list of top 200 jobs.

Rounding out the top 100, attorneys and stockbrokers may earn considerably more than bookbinders or telephone repair technicians, but these high-powered careers are hurt by anxiety, as both rank among the 20 most stressful jobs on our list. More surprising is the relatively low score of author, just above cosmetologist -- a result of the profession's stress levels and, in many cases, relatively poor working environment.

Read the entire article "Attorney ranks 82 in list of top 200 jobs"


Comparing E-fax and Electronic Fax Services

Every once in a while I get a question from one of our readers about incorporating an internet fax service into their business model.  These systems generally go by the description “electronic fax”, “internet fax”, “e-fax” and “online fax” services.  The major player in the market is a company by the name of eFax, although there are many other providers in the space who are nipping at their heals.  As is common in the internet space, the up and comers often offer more for the money than the big dogs.  It just so happens that one of our clients provides a extremely valuable comparison service which will allow you to take a look at many of the top-end electronic fax providers in the space, compare price, number of faxes, 800 numbers, free trials and the rest.  Check them out at www.faxcompare.com.


The Influence Of Blogs

Kara Smith of Karasma posted on the influence of blogs:

The State of the Blogosphere  report by Technorati for 2008 reports that blogs are an influential part of daily life.
 
According to Technorati's report "brands make up a major part of bloggers' online conversations.

More than four in five bloggers post product or brand reviews, and blog about brands they love or hate.

Researchers found bloggers -- that the 22.6 million bloggers in the United States say blogs are being taken more seriously as information sources.

One in five bloggers don't think that newspapers will survive the next ten years, according to Technorati's report.

Continue reading For Legal Marketers, The Heart of PR Is Blogs In 2009 


Advice From A National Coach On Self-Employment

Susan Cartier Liebel at Build a Solo Practice blog and Solo Practice University answers a letter from a prosecutor with the Department of Justice, who asks:  Should I Leave My Six-Figure Job For Solo Practice?

>Question:

I am a prosecutor with the Department of Justice. I've been at it for 6 years, and prior to that was at the state AG's office for 6 yrs … and the list goes on.

Basically I have been practicing for about 16 1/2 years. I've considered going out on my own off and on for many years but fear has held me back. I have a very decent salary well over $100,000 and the thought of starting my own practice in this economy scares the heck out of me. But.. I am really unhappy working on somebody else's schedule and just really not caring or being passionate about my job.  I feel completely removed from the reason that I went in to law - which is to help people.

I'm just wondering is it really a foolish idea to consider opening my own practice in this economy? I'm interested in domestic law and wills and estates.

Thank you.


Continue reading  “You Ask . . . I Answer” – Should I Leave My Six Figure Job For Solo Practice?