Law firms will feel and respond to the impact of COVID-19 as they transition to remote work. While newer firms should make the transition smoothly, more established firms and smaller organizations may find it more challenging. A lot of firms will lose staff and high-touch clients. Some restructuring will most certainly be needed. The good […]
On March 27, Congress passed the 2020 Coronavirus Aid, Relief, and Economic Security Act (CARES) to mitigate the negative economic impact of COVID-19. The CARES Act provides small businesses and individuals with extended unemployment insurance benefits, loans for paycheck protection, refundable tax credit, and business tax provisions. Attorneys who own their own practice can take advantage […]
COVID-19 is very different than the recession in 2008, but the repercussions may actually be worse. Now is the time to recession-proof your existing law practice in five simple steps. As you read this article, I implore you to schedule time to begin thinking about (and executing on) growing your brand and maintaining/growing your book […]
Through the evolving COVID-19 situation, we at PracticePanther are committed to helping you adapt to the changes in daily life brought about by the virus. Whether you are opening a virtual law practice or working at a traditional, in-person law firm transitioning to a remote practice in response to COVID-19, we are here to make […]
For the purpose of running a successful law practice, all clients are not created equal. As a lawyer, a critical element to running a fruitful practice is managing your time in an efficient manner. How and where you invest your time can make all the difference. As a history buff, I love thinking about government, […]
The ABA TECHSHOW is the biggest legal industry conference of the year. It brings together thousands of lawyers and technology providers from all over the world. Attendees spend three days learning how legal tech can help them practice more effectively and serve clients with the most advanced standards. The annual ABA TECHSHOW in Chicago offers […]
Law firms harbor information directly linked to politics, public figures, intellectual property, and sensitive personal information. Because lawyers rely on email to manage cases and interact with clients, hackers exploit technical vulnerabilities and people via email. After cybercriminals infiltrate a law firm’s systems in a successful phishing or malware attack, they leverage breached information for […]
The Multi-State Professional Responsibility Exam (MPRE) is a tricky test that nearly all law professionals have to prepare for and take. The only two states that are exceptions to this rule are Wisconsin and Maryland (along with Puerto Rico). How to prepare for the MPRE is a subject of some debate, as it tends to […]
There is no doubt that attorneys are very commonly faced with cases that require going over piles of documents. Filling out paperwork and going through a long list of extensive documents can end up increasing the cost for the client. Not only that, a lot of time is wasted during the whole process. Hence, it […]
Paper is cumbersome, easily lost or stolen, and expensive to store or shred. Digital documents have none of this baggage. They are quick, easy, light, and best of all, take up zero actual, physical space in an office or warehouse. This is why we need to focus on how to optimize the PDF – an acronym […]
There are few tasks more important than estate planning for the elderly and those with significant assets to their name. Financial resources must be taken into account when folks enter their twilight years. Issues like who receives their assets, at what rate, how they can be utilized, and the tax implications are all necessary issues […]
Law firm mergers are becoming more and more frequent with each passing year. According to the American Bar Association, in 2010 there were only 39 law firm mergers. Just three years later, as the world still reeled from the Great Recession’s turmoil, in 2013, there were 88, and in 2015, there were 91, the highest […]
