Posts tagged as:

small firm advice Delete that thread!

January 5, 2009

I’ll confess, I’m a threader. I have my mail program set so that when I respond to an e-mail, the previous posts become part of the new message. That way, after multiple exchanges with one person, I can keep just the most recent e-mail and delete all the earlier messages, leaving the entire thread intact […]

Read the full article → New FDIC rule provides increased security for IOLTA accounts

November 24, 2008

With the recent meltdown of financial institutions, some lawyers have been wondering whether and how client funds held in a lawyer’s IOLTA account are be covered by FDIC insurance in the event of a bank failure.  In general, the rule has been that FDIC insurance covered $100,000 of any individual’s funds deposited in a single […]

Read the full article → This post is privileged and confidential

November 17, 2008

But you started reading it anyway. We’re all so inundated with disclaimers and license agreements at every turn that we barely flinch anymore when we see the words “privileged and confidential” or worse, long paragraphs in small fonts portending doom for the unwitting recipient of a misdirected e-mail or the surfer of law firm websites. […]

Read the full article → Watch out for ethics bumps in flat fees

November 10, 2008

As alternative billing approaches go, flat fees have many fans. Clients like to know exactly what a particular legal service will cost and lawyers like to leverage experience they have gained in providing the same service to others. Sometimes a flat fee even lets a lawyer spend more time on a matter because there’s no […]

Read the full article → Collecting fees in difficult economic times

October 20, 2008

With the stock market gyrating and the economy sinking, many lawyers are already starting to see clients fall behind on paying their bills.  Here are a few ideas for managing fee collection through troubling times… Read this article over at >

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