Maintaining a Practice |Maintaining a PracticePartner Compensation Structure Series Part 3: Executive Committee MonarchyWritten byDebra L. BruceJune 25, 2020Share this Post×Print PDF version of this guide.This is the 3rd article in a series of 7 discussing the different kinds of partnership compensation structures that law firms tend to adopt. Part 1 discussed the Monarch structure, which involves one partner …

Maintaining a Practice |Maintaining a PracticePartner Compensation Structure Series Part 2: ParityWritten byDebra L. BruceJune 25, 2020Share this Post×Print PDF version of this guide.This is the second article in a series of 7 discussing the different kinds of partnership compensation structures that law firms tend to adopt. In Part 1 we discussed the Monarch structure which involves one partner who …

Maintaining a Practice |Maintaining a PracticePartner Compensation Structure Series Part 1: The MonarchWritten byDebra L. BruceJune 25, 2020Share this Post×Print PDF version of this guide.Introduction This is the first in a series of articles describing the most common structures law firms use for partner or shareholder compensation. For simplicity, the article refers to partnerships, but similar …

Maintaining a Practice |Maintaining a PracticePartner Compensation Structures: A Seven-Part SeriesWritten byDebra L. BruceJune 24, 2020Share this PostDebra L. Bruce, President of Lawyer-Coach LLC and member of the Law Practice Management Committee, has authored a new seven-part series on Partner Compensation Structures as a free resource. View each part below:▸Part 1: The MonarchThe Monarch The first …

June 23, 2020Retention and Destruction of Client FilesShare this PostRetention and Destruction of Client Files Unfortunately, there is no one specific rule in Texas regarding the requirements for retention and destruction of client files. Texas Disciplinary Rules of Professional Conduct However, Texas Disciplinary Rules of Professional Conduct give us some guidance: TDRPC 1.05 requires that confidential …

Maintaining a Practice |Maintaining a PracticePaperless Office for LawyersWritten byThe LPM DepartmentJune 22, 2020Share this PostThe paperless office is getting more press now than ever, and lawyers should consider this as an option for practice management. There are several reasons to go paperless: It can save you money. You won’t need file cabinets, which saves you …

Maintaining a Practice |Maintaining a PracticeCreating a Disaster Readiness PlanWritten byThe LPM DepartmentJune 22, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. Creating a Disaster Readiness Plan There are a number of ways to go about creating your plan. My advice to you is pretty simple—find one that appeals to you and then use …

Maintaining a Practice |Maintaining a PracticeEncryption Basics for LawyersWritten byThe LPM DepartmentJune 22, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. Introduction Electronic communications and “cloud” based computing continues to expand for lawyers. We are also using more tablets, smart phones, jump drives, and other portable devices in our practice. As such, a basic …

Maintaining a Practice |Maintaining a PracticePrepare a Needs Analysis for TechnologyWritten byThe LPM DepartmentJune 22, 2020Share this PostIntroduction The world of office automation is constantly expanding. It would be senseless to think that anyone could make an effective decision regarding technology, without a carefully thought out analysis of need. Following is a list of questions to …