As consumers, we all prefer to pay a fixed price.  While some legal practice areas are billed as flat fees, the majority of legal work is still billed hourly. When the economy was better, the sting of legal fees was less.  In today’s environment, clients are negotiating to get the best hourly rates or flat [...]

Hurricane Sandy has left homes and businesses destroyed in its path. While I was lucky to suffer a few minor power outages, many of my neighbors and clients were not so fortunate.  Over the last week, I have been helping clients get back to business.  For the luckier ones, we were able to reinstall software [...]

Despite all of the diet and exercise fads, there’s really only one way to lose weight and stay healthy: eat less food than you burn.   In other words, exercise regularly and eat more fruits and vegetables and less meat and processed foods.  To have a successful law firm, there is a similar formula: take in [...]

The combination of the economy, technology and overabundance  of lawyers has changed the legal sector.  Years ago, “hanging your shingle” and becoming a sole practitioner or a partner in a small firm lawyer was a fall back for many if other, more lucrative options didn’t pan out.  Today, out of necessity, many lawyers are becoming [...]

The economy and changes in technology have wreaked havoc on many once promising careers including law.  In the past, even in a bad economy, there were always some practice areas that thrived. If real estate was depressed, bankruptcies and foreclosures were increasing.  In the last few years, even recession-proof law firms have suffered. Over the [...]