Strategist - FindLaw Law Firm Business Blog

Strategist - The FindLaw Law Firm Business Blog

Why You Should Discuss Litigation Financing With Clients

Your clients may not be aware of litigation finance, but you should be. And you should also be aware that handling litigation finance can be like trying to catch a falling knife. And if that's the case, then you're going to need to know how and why you should talk to your clients about possibly getting a third party to pay for their litigation fees and the pitfalls that come with the game.

Like anything else, it's usually better to set out the parameters at the very beginning rather than to wait for awkwardness later on.

3 Tips for Gathering Digital Evidence

Many lawyers are still unaware of some of the basic steps behind the procurement of digital evidence. In many ways, the basics are not too different from typical civil discovery -- it's just that the medium is different (and more impermanent).

Here are some tactical considerations you should keep in mind next time you want to get your hands on your opponent's evidence. And remember, discoverable evidence is a much bigger set than admissible evidence. Make it a part of your pretrial discovery strategy to go for the jugular.

Handling Client Fee Arrangements -- Ethically

If you're like the majority of attorneys, you got into this business to be paid. In an ideal world, you do the work and your clients pay you upon completion -- promptly. Alas, this is not the ideal world.

Fed up with the undeniable costs of having to maintain an accounts receivable, many attorneys have implemented means that just skirt the boundaries of legal ethics in order to defray the costs of lost money and time. But what techniques can you use to ethically handle client fees? We're here to help.

Small Firms Should Host Networking Events Now

The success of a modern law practice is directly related to how visible the firm is on the internet and on social media. For better or worse, this is the business paradigm of the millennials.

But you should never discount the efficacy of some of the tried and true techniques. Sometimes, the old ways are best. For example, few methods are better at building up business networking-nodes than hosting your own networking event. And we're here to help you do just that.

If you want to make it rain, you've got to hustle. But some of us would prefer not to. Maybe you're an introvert, or maybe inauthentic schmoozing turns you off, or maybe you'd just rather go home after a long day and take a nap. We understand.

But you're still going to need to get out there and make connections anyway. So here are some tips to help you network -- tips that don't require you to collect every business card or attend every cocktail party.

Logistics of Hiring Your First New Associate

If your firm is growing, it may soon be time to hire your first new associate. This sounds great, but beware: you should be cognizant that legal pitfalls await the employer who fails to properly navigate the small business legal labyrinth. Below, we introduce some of the very basics of new associate hiring.

5 Pieces of Technology That Could Help You Practice Better

You're probably a fine lawyer, but if you're like most others, you could be better. What you probably don't know is that the difference between a good lawyer and a great lawyer could be as little as the great lawyer's ability to better utilize technology in the market-place.

Let's take a look at some bare necessities.

3 Firm Metrics You Should Be Measuring

Lawyer and professional "how to run a firm" expert Christopher T. Anderson probably gets the bulk of his living from attending and hosting talks for lawyers than he does actual lawyering, but a good number of us wouldn't have it any other way. After all, he does a lot of the heavy research lifting so we don't have to. And, according to Anderson, if law schools taught attorneys how to be more like businessmen and less like lawyers, our lives would probably be a lot easier. Gee, does that salve your wounds?

No time for self-pity! Here are a couple of metrics that lawyers should get to measuring. It's about time you get on the current bandwagon -- and get a bit more business sense, when it comes to your practice.

Last week, Gretchen Carlson dropped a bomb of a lawsuit on Roger Ailes, the chairman and CEO of Fox News. Carlson, a longtime Fox personality until she was let go three weeks ago, accused Ailes of propositioning her, creating a hostile work environment, and terminating her when she rebuffed his advances and complained about the behavior.

But, like many professionals, Carlson's contract included a clause that requires her to bring any disputes to secret arbitration. Could her lawyer's clever pleading allow her to get around this obstacle?

Don't Flip Interns, Invest in Future Lawyers

Summer is upon us and many firms have begun the hiring and on-boarding of hoards of relieved student interns. The word "intern" is not a universal one. More hoity-toity firms use the term "summer associate," though this could be regarded as an ethical no-no.

Call them whatever you want, a lot of these interns will spend their summers at the firm and leave -- never to be seen again. And this could be as much a mark of the culture of firm life as it is the quality of the students. What should employers really be doing?