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I have been providing investment advice for law firm retirement plan participants since 1999. My experience leads me to conclude that legal professionals suffer from the same investment management dilemma that plagues my CPA, doctors’ group, and Fortune 500 company retirement plan participant clients. In spite of years of buy-and-hold, asset allocation, diversification, target term and auto enrollment marketing materials provided by comp...

Learning how to manage a small law firm is often regarded as easier than learning to manage a larger law firm since there are fewer people, departments, and resources. Yet, this isn't necessarily true. Law firm management for a small law firm is often more difficult because one person is responsible for managing each employee, human resources, and making all the decisions related to the management and operations of the firm. For many small...

The pandemic led to many managing attorneys taking a good, hard look at their law firm operations. Many law firms believed the only way to survive the pandemic was to cut pay and layoff their employees. For some, this type of cost control may have been necessary. What many legal industry articles seem to highlight is that the most drastic measures seemed to have occurred within the BigLaw sector. When it comes to smaller law firms, could a person...

As personal injury consultants, we understand the realities that personal injury claims and lawsuits haven’t gone away, COVID-19 claims have emerged, courts are backed up, and that as a personal injury lawyer, you need strategies that better serve your prospective and active clients while actively protecting your law office. Here are 8 tips to help you improve your experience working in the new normal. Update Your Website As personal in...