It’s still early in bonus season, but some law firms have started announcing the much-anticipated end of year bonuses for their attorneys—both partners and associates. Every firm has a different way of determining the end of year bonuses. For example, some law firms handle the bonus situation by assigning participation points to associates. In this scenario, the year-end compensation is determined to some degree by the profitability of the firm rather than by the individual’s performance alone. Some firms base the bonus on the associate’s overall performance, and some use the ever-faithful profit margin based on the associate’s yearly contribution. Therefore, end of year bonuses can reveal a lot about the firm and whether you should remain or consider other options.
Paralegals may feel like they are working in a 3-ring circus. Performing a balancing act between a career, their attorneys and a personal life. The way paralegals process projects compared to lawyers may become confusing and lead to lack of understanding and communication. This could cause some tension between the lawyer and the paralegal.
Becoming a lawyer is a big deal. You have to survive college, law school, and summer jobs, only to have to survive law firm life. You get there, you acclimate, but you want more and now it's time to move. Deciding to lateral into a new firm is a big decision. Luckily, you have legal recruiters and legal recruiters have tools. Data tools.
There are many reasons why a female attorney should work in a virtual law firm, but the main two reasons have to do with work/life balance and cost savings for the firm and her clients. One such law firm is proving that female lawyers and virtual law firms really are a win-win for all involved—Culhane Meadows, the largest women-owned national full-service business law firm in the United States.
Every day most female attorneys balance their professional lives wearing multiple hats: mom, wife, friend, mentor, advisor, volunteer, coach, chauffeur, homework aide, nurse, maid, and many others. Female attorneys run themselves ragged for their clients, their bosses and their families. They routinely prioritize themselves last on their list of priorities. This needs to change!
If you are an administrator of a law firm, you know that many law firms need to update their strategies if they want to survive. You also know how difficult it is to get your firm’s partners to try new business models.
The life of a legal marketer has no average working days. And sometimes it can be too much even for those with the most fortitude. Your success as a legal marketer will depend on how well you are able to stay ahead of the twists and turns of the Internet; this includes social media, blogging and pay-per-click advertising.
Most attorneys have a website, but many are not aware of the power of having a well-planned and marketed website. With a few tweaks and additions, you can have a site that not only has window dressing for your firm, but that also acts as an active marketing tool.
With so many easy, affordable opportunities it is surprising how few attorneys prioritize marketing of their firm. From social media to traditional ads and content marketing and video, there is no reason why law firms cannot brand their firm as the go-to for resolving legal issues.
To be a successful attorney you need more than great legal skills. You need to learn how to market those skills to attract paying clients. The first step is to decide the type of firm you want. The second is to identify where to find the type of clients you want.