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2020 Is Not the Year to Put Holiday Cards and Gifts on Autopilot
/0 Comments/in Business Development /by Gideon GrunfeldGift giving will be a bit more complicated this year for law firms, so start planning now. With fewer people in offices this holiday season, the usual routine of having partners, associates, and paralegals sign the same card and send it off to someone’s workplace might not be an option. A nice electronic card may […]
Utah and Arizona Moving Forward With Nonlawyer Ownership of Law Firms
/0 Comments/in Legal Profession, Regulatory, Technology /by Gideon GrunfeldAs California considers major regulatory changes that would allow non-lawyers to own stakes in law firms, we are closely following updates in Utah, where similar shifts are a step ahead. Citing “crisis levels” of demand for affordable legal services stemming from the effects of COVID-19, the Utah Supreme Court on August 14 announced its decision […]
What Firms Can Do to Help Staff With School-Aged Children
/0 Comments/in Law Firm Management /by Gideon GrunfeldThere is compelling anecdotal evidence that workers with school-aged children are having an especially hard time dealing with the present situation. When the pandemic began, it was the virus itself that drew most of the attention. Now, an increasing percentage of the lawyers we advise are reporting that, while they and their families are safe, […]
A Better Way to Generate New Client Leads: The Zoom Roundtable
/0 Comments/in Networking /by Gideon GrunfeldIn the early months of the pandemic, many lawyers were especially attentive to their key clients and referral sources, recognizing the importance of checking in. Firms reassured their clients that business would continue on without interruption, emails were exchanged to offer support to anyone who might need it, and Zoom calls were scheduled to connect […]
Strategies for Managing Your Remote Law Firm Workforce: Preparing for Disruptions
/0 Comments/in Law Firm Management /by Gideon GrunfeldAs we wrote about last week, COVID-19 probably isn’t going away in the next few months. Beyond adjusting your firm’s workflow to a fully or partially remote system, there are other facets of the pandemic which should be considered in your management decisions right now. In today’s post, we’re bringing attention to a huge potential […]
Strategies for Managing Your Remote Law Firm Workforce: Communication
/0 Comments/in Law Firm Management /by Gideon GrunfeldThe shift to working remotely came suddenly for most without much lead-time for planning. Law firms adapted to the new normal thinking it would be a few months or maybe just a matter of weeks. It’s become clear, especially in cities like Los Angeles where social distancing measures haven’t contained the virus, that we are […]
Fifty Years Ago Today
/1 Comment/in Personal /by Gideon GrunfeldNo date on the calendar causes me to think more about this country than August 26. It’s my personal Fourth of July. August 26, 1970. That’s the date on which my family arrived in the United States. My mom, my brother, and I took a Pan Am flight and settled in Philadelphia. We followed my […]
Should You Hire a Graduate of the Law School Class of 2020?
/0 Comments/in Law Firm Management /by Gideon GrunfeldCalifornia has joined the ranks of states temporarily allowing law school graduates to practice under the supervision of licensed attorneys without first passing the bar exam. This unprecedented situation gives rise to two related questions: Should you hire a graduate of the class of 2020? And if you do, how should you employ them? The […]
The 3-Step Process to Useful Revenue Projections
/0 Comments/in Finances /by Gideon GrunfeldWe’ve written before about maintaining cash flow in a crisis and how projecting revenues is vital to the planning process. While this isn’t a concern limited to economic hard times, the uncertainty caused by the pandemic dramatically increases the importance of establishing and implementing a sound system for estimating future revenues. Establishing a process for […]
Troubling Signs for Non-Equity Partners
/0 Comments/in Career Management /by Gideon GrunfeldThe legal services industry, along with much of the country, is coming to terms with the reality that COVID-19 is not the short, temporary interruption many had hoped. We are beginning to see law firms make more permanent adjustments. Headlines in publications like the American Lawyer are already highlighting the acquisition of stars in hot […]