Law Practice Management

Law Firm Buying & Selling Trends

The market for buying and selling law firms continues to grow. Established firms and attorneys are looking for succession or sale due to attorney retirement, labor needs, and changing marketplace…
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Creating a Team Environment

Teamwork is a lesson we learn as children either through organized sports or impromptu games in the schoolyard. Often, as we get older and move through college and law school,…
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Financial Tips for Preparing for Retirement

Pay down debt. As you approach retirement, you don’t want debt to stand in the way of your future. The snowball method of debt reduction allows you to see wins…
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Paid Time Off Increased Productivity

Paid Time Off (PTO) is an important benefit that companies and businesses offer for employees but how can you make this incentive work for your firm as well?  PTO as…
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The Striver’s Curse

What is the “striver’s curse”?  Arthur Brooks, in his book “Strength to Strength”, defines it as a curse affecting those who strive to be excellent at what they do, but…
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How One Lawyer Considered His Life After Law Options

As Stratton Horres tells the story, he was approaching his 65th birthday and struggling with how to end his 41-year career in law, thirty of which were spent with his current…
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Leading Law: How a Virtual Community Can Help Modernize Your Law Practice

Have you ever wished for a group of experts down the hall who were available anytime to answer any questions about building your law practice? With a virtual community, you…
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4 Tools for Maintaining Mental Wellness in the Legal Profession

What is a major health concern that experts cannot stop talking about, but individuals have trouble talking about? Mental health.  Though the stigma of mental health is diminishing it still…
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Fishing, Yoga and Crossword Puzzles: The Story of My Not So Glamorous Sabbatical

In 2019, before the pandemic and the Great Resignation, I retired from Lawyers Mutual. I had been with the company for 20 years and loved my job. But I was…
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Understanding Why Attorneys and Staff Leave the Legal Profession: 3 Tips For Retaining Top Talent

The legal profession can be demanding on everyone from attorneys to paralegals and office staff. Why are people choosing to leave the legal profession?  In my legal career, I have…
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Law Firm Buying & Selling 2022 Trends Report

The market for buying and selling law firms continues to grow. The demand for information, data, and knowledge in this area is significant.  Fortunately, Tom Lenfestey with the Law Practice…
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Five Ways a Sabbatical Can Help You Assess Retirement

Often, when talking with lawyers about retirement, I’ve encouraged them to take a two-week “staycation.” Avoid the office and work for two weeks, but not while lounging on a Caribbean beach.…
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