Mostrar mensagens com a etiqueta solo practice. Mostrar todas as mensagens
Mostrar mensagens com a etiqueta solo practice. Mostrar todas as mensagens

sexta-feira, 21 de junho de 2013

ABA Law Practice Management Section

I recently joined the ABA's Law Practice Management Section in an effort to support our graduates who will start solo practices because of the lack of opportunity in law firms and other traditional employers of lawyers in this recessionary economy.  I blogged about the day-long solo practice workshop the Appalachian School of Law offered this past spring here.  I blogged about the employment prospects for new grads herehere, and here.

This past week, I received the section's welcome packet and its May/June 2013 issue of the Law Practice Magazine.  The section focuses on the following four core areas: marketing, management, technology, and finance.  It provides section members with six issues of its "award-winning" hard-copy magazine, a monthly webzine, a bimonthly e-newsletter, and a legal technology blog.  It also focuses on the challenges women face as rainmakers and sells an impressive collection of books.

The May/June issue of the Law Practice Magazine provided excellent content.  I plan to read nearly all the articles.  The ones I have read so far were well written and covered very timely topics in a thoughtful and clear way.  This issue includes the following articles:

  • Accelerated Strengths Development (riffing off Tom Rath's "Strengths-Based Leadership" concepts)
  • Helping New Grads Be Better Lawyers Faster
  • Alternatives to the Partnership Track
  • Can we Talk? (about communication in law firms)
  • Millennials: What Other Generations Say About You (and What You Can do About it)
  • Solving the Multimillion-Dollar C Player Problem, and
  • The Secret to Writing Persuasively
The issue also covered "rainmaking circles," engagement letters, promoting the professional development of others, the latest version of a voice recognition technology called Dragon, the use of apps to support courtroom evidentiary presentations using an iPad, tips for teleseminars and webinars, managing receivables, "future-proofing" your law firm, and your firm's governing structure. 

I am especially impressed with the diversity of covered topics and the expertise of the authors.  These folks are keeping up with the important trends in the profession.  I have to say, I look forward to picking it up, when possible, to digest the next bit of advice it offers.  

New grads:  I strongly recommend that you find the money to join the ABA and then this section, if at all possible.  This section can keep you from making many mistakes.  It can also help you become a firm innovator, which will propel your career.  I will post on that topic next. 

segunda-feira, 27 de maio de 2013

Solo Lawyering as an Option in this Recessionary Market


Solo practice, a no doubt terrifying option for most new graduates, still remains an option for lawyers.  

Many resources exists to help new solos.  An article published recently, lists a few of them here. I am also following several blogs focused on solo practice that you can easily access through this blog site.  A much longer list of relevant blogs appears here

Recently, we offered students a one day workshop on going solo.  It covered:
  • Assessing the Risks and Rewards of Being a Lawyerpreneur 
  • Financing a Solo Practice 
  • Trust Accounts 
  • Income Tax Implications of Solo Practice 
  • Legal Research Resources 
  • Law Office Technology 
  • Ethics 
  • Marketing a Solo Practice, and 
  • Tips from an Alumna
For a free scanned copy of these materials, send me an email at pyoung@asl.edu.  

Interestingly, the alumna who offered advice to students told me she had turned down a job in the local Commonwealth Attorney's office because she was making more money in private solo practice.  Yes, it took her a few months to win the trust and confidence of the local judges and bar, but having done that, she now had a reliable stream of referrals, many of which were court-appointed criminal defense cases.    


The ABA's Solo, Small Firm, and General Practice Division, found here, provides many resources for new and existing solo practitioners.  The group offers monthly teleconferences and webinars on substantive topics, as well as on law office management issues.  It publishes a well-known book: How to Start & Build a Law Practice by Jay Foonberg, available here


The ABA President, Laurel Bellows, recently described solos as flexible and responsive making it easier for them to "thrive" in the recessionary economy.  In the same issue of the ABA Journal, Deborah L. Cohen identified mentors as the key to the success for fledgling solos.  They can serve as legal advisers, business strategists, courtroom guides, ethics counselors, and supportive listeners.  

Finally, in preparation for my portion of the presentation to students, I surveyed our library collection of books relating to solo practice and law firm marketing.  Even at our small library, I found over 20 books on the topics.  The library also had a multi-volume CD set of presentations and advice for solos, including one on how to develop a business plan. 


With all the changes the legal profession faces in this age of the New Normal, even experienced lawyers are looking at the solo option.  Yes, it is scary, but the upside potential is great!  Based on their FB postings, I see so many of our grads pursuing successful solo practices.  I am very proud of their courage, service to the community, and ability to support themselves and the ones they love.  

sábado, 6 de abril de 2013

Empathy and Future Lawyers Looking for New Clients

This week, ASL hosted a Solo Practice workshop for its students.  I spoke on marketing a law practice.  For a very long time, I have enjoyed marketing in the law or mediation context.  It gives me an opportunity to describe the joy I feel when I can serve a client competently, efficiently, and at an affordable cost.  It gives me the opportunity to describe the skills, training, experience, and values I can offer potential clients.  It gives me the chance to talk with the folks I'd like to help.

It also gives me a platform for writing about substantive topics that interest me, while -- I hope -- showing I am thoughtful, ethical, and competent.  It also allows me to learn more about people, their concerns, their stressors, and their businesses.  

Recently, I started an online business coaching program called, UpLevel Your Business, offered by Christine Kane.  Last summer, I took her personal coaching program and found it very helpful.  In the first week of her new program, Christine made a comment that really hit home for me.  I am roughly paraphrasing: "Marketing your business, is your business.  It allows you to then apply your skills in a way that helps people." 

She also suggests that my personal story is part of my message to my potential clients.  What I offer the world radiates from me and my marketing message should radiate from that same source of "light."  My message should be a seamless expression of myself and what I want for the world.  She asked me to list 10 cool (or unique) aspects of myself that would help me craft my marketing message.  She also asked me to list the values and beliefs that shaped how I wanted to help people.   

I shared this concept this past week with students.  Earlier this week, I attended the meeting of our new Toastmasters club.  I was "table topics master."  I asked students questions not too distant from the ones I later asked students at the solo practice workshop:  What is your purpose in life?  What motivated you to go to law school?  Who do you want to serve?  Who is your ideal client?  

In an attempt to illustrate how you might use the answers to those questions to begin crafting a marketing message, I wrote: 

As an award winning mediator, I help people:
  • Handle conflict with more power, skill, and wisdom;
  • Protect themselves and the people they love and support; and 
  • Make smarter decisions at times of conflict and transition. 
I also built my talk around the concepts from Seth Godin's books, The Icarus Deception and Tribes.  If we are moving quickly into the connected-era he identifies, how do we adapt marketing techniques to this connected world.   The Law Practice Management Section of the ABA and other advisers to solo practitioners suggest the following ways to find potential clients:  Formal announcements of firm events and changes; business cards; yellow page ads; billboards; TV commercials; public speaking; memberships in organizations, both trade and law; firm brochures; newsletters; published writings; and birthday cards.

In the connected-era, tech savvy lawyers will supplement or supplant these approaches with some of these tools:  Facebook and Link-in postings; business cards with e-commerce components built right in; webpages; search engine strategies; on-line ads; YouTube videos; podcasts; list serve discussions; blogs; FB "likes" and birthday wishes; and automated generation of contact lists. Many of these tech-dependent tools allow lawyers to market to a much broader group of people at much lower cost.  They also allow the lawyer to connect with a very specific "tribe" or ideal client. 

Interestingly, some of my other reading suggests that personal interaction will still matter most in this connected-era.  Traditional marketing approaches always supported this level of interaction.   For instance, in a very compelling book by Richard Susskind called Tomorrow's Lawyers: An Introduction to Your Future (2013), Susskind argues that despite all the "disruption" the legal field will experience over the next decades: "Tomorrow's lawyers will need to acquire various softer skills if they are to win new clients and keep them happy.  In-house lawyers of the future will not only be more demanding on costs, they will be more discerning about the relationships they choose to cultivate with external firms. This will place pressures on law firms to make the most of face-to-face interactions and use social networking systems to maintain regular contact."  

Later, he argues that law firms currently take insufficient time to "immerse themselves in their clients' environments and get a feel for what it is actually like to work in their businesses . . . . [M]ost firms do not grasp, in any given client, the tolerance and appetite for risk, the amount of administration and bureaucracy, the significance and extent and tone of internal communication, and, vitally, the broader strategic and business contexts of the deals and disputes upon which they advise . . . . In other words, law firms lack empathy . . . . This lack of empathy and the inability to listen could be deeply prejudicial to long-term relationships between firms and clients in the future." 

Earlier, Daniel Pink, in A Whole New Mind: Why Right-Brainers Will Rule the Future (2008), suggested that the future lies with our ability to engage in high concept, high touch enterprises that reflect and respond to our level of abundance, automation, and the competition from highly competent, more affordable, Asian employees engaged in left-brained work.  

High concept enterprises display the ability to create artistic and emotional beauty, to direct patterns and opportunities, to craft a satisfying narrative, and to combine seemingly unrelated ideas into a novel invention.

High touch enterprises display the ability to empathize, to understand the subtleties of human interaction, to find joy in one’s self, to elicit joy in others, and to pursue purpose and meaning in work and play.   

In what Pink calls the Conceptual Age, we will need to master six right-brained aptitudes:

1.                  Not just function, but also DESIGN.
2.                  Not just argument, but also STORY.
3.                  Not just focus, but also SYMPHONY (seeing the big picture, crossing boundaries, and combining disparate pieces into an arresting new whole).
4.                  Not just logic, but also EMPATHY.
5.                  Not just seriousness, but also PLAY.
6.                  Not just accumulation (of stuff), but also finding MEANING.

I'll apply these concepts in the context of law and mediation in a future blog.  




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