I work closely with my financial team and tax accountant at year-end to ensure I pay as little taxes as possible and maintain as much control over my resources as possible. Do you do the same?
In part 1 of this article, we uncovered some of the real reasons why there are so many broke lawyers, and what savvy lawyers need to know to avoid falling into the pit. Today, we are going to get into specifics of 3 key strategies for success that struggling or broke lawyers can use to …
Why Are There So Many Broke Lawyers? Part 2 – Differentiate Yourself Read More »
Many people don’t believe it. Even lawyers are known to scoff at it. But many of you know the truth — you go to law school, spend a small fortune and come out to find the pickings are lean. Looking deeper than 6 figure school loans and the trend of fewer Big Law positions available …
Lack of steady, consistent, predictable cash flow is the number one problem most lawyers tell me they have in their law practices. They tell me that if they could just solve that problem, everything in their life would be better.
Here’s a fact: Clients come to you because they’re in discomfort, and they want your help in relieving that discomfort. In learning to meditate, teachers will first instruct students to “take their seats.” This instruction has more meaning in it than just the words directing one to sit down. It means to settle into a …
How to Be a Better Lawyer: 5 Uncommon Ways to Successfully Connect with Prospects Read More »
Last week, I wrote to you all about how NLBM lawyers get paid more by their clients than other lawyers, and why that’s so important. Today, I want to follow that up with some practical law practice money math, and how to use it to predict the future of your practice and determine where to …
Law Practice Money Math: Determining Where You Should Focus Next Read More »
We all know that legal services are being commoditized more and more. We see the new online Wills and Trusts and “Netflix of Law for Businesses” services popping up every day.
Given these times of turmoil and uncertainty, if you are anything like me, you may be wondering if you are doing all you can to help. You may be wondering if you are using your law degree to fulfill your purpose as a helper, a healer, a counselor, and a guide.
Todd Jarvis is a father of seven (yes… you read that right… seven) and has been practicing law in Arizona since 2012. After six years working in a small firm – handling everything from bankruptcy to real estate, to litigation, to business – Todd was done spreading his energy across practice areas, working long hours, …
Case Study: Leaving a Firm to Become a Solo Successful Lawyer With 7 Kids at Home Read More »
Today we are exploring in more detail the experience of Bonnie Bowles, a former general practitioner who spent 5 years working tirelessly in her law practice, but not getting anywhere.
