The First in a Series of Partner Compensation Structures: “The Monarch”By Debra L. Bruce, JD, PCC×Print PDF version Of This HOW TO GUIDE. Print the full 7-part series here.I. 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 …
Partner Compensation Structures: A Seven-Part Series Debra 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. DOWNLOAD THE FULL SERIES HERE Or view each part below: Part 1: The Monarch Part 2: Parity Part 3: Executive …
How to Set Up Your Client Trust Accounts×Print PDF version Of This HOW TO GUIDE. Introduction The Texas Equal Access to Justice Program is designed to provide funds to be used for indigent legal services. As a result, the IOLTA (Interest on Lawyers’ Trust Accounts) was implemented. IOLTA provides that attorneys must deposit all client …
Law Practice Management |Law Practice ManagementClient SurveysWritten byMatthew E. EilersJune 23, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. Do you know what clients think of your firm? Are you so preoccupied with your ever-present next hearing or meeting that you fail to take the time and find out? Or maybe you would rather …
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 …
June 22, 2020Cloud Computing for LawyersShare this PostWhat is cloud computing? Cloud computing is a term used to describe off-site storage or software as a service that utilizes Internet connectivity to access its benefits. In other words, instead of being stored on a local computer or server, data is stored on a remote server. Why …
June 22, 2020Paperless Office for LawyersShare 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 space. You won’t use reams of paper …
Law Practice Management |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 …
Law Practice Management |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 …
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