ABA Journal

Mind Your Business

33 ABA Journal Mind Your Business articles.

Your law firm’s fee structure can affect financial planning

A firm’s chosen fee structure and how its finances are handled can lay the foundation for the entire life of the business and sometimes provides early indicators in determining whether it will grow and thrive or eventually crumble.

How to get more clients from the comfort of home

As the world continues to digitalize, legal professionals must embrace this change sooner rather than later to remain competitive. Check out five steps to increase your online client base before you find your business left behind gradually, then suddenly.

How to make strident predictions about predictive analytics

Being able to make predictions is crucial for lawyers. Let’s explore the nature of judicial prediction-making by attorneys and see how the latest in artificial intelligence-powered legal technology comes into play in this altogether ubiquitous, yet highly formidable task.

How law departments can survive or even thrive in the event of a coming recession

The pandemic’s global economic and human impact has created new challenges for in-house legal teams. Supply chain disruptions, sharp increases or decreases in consumer demand, and the impact of uncertainty surrounding remote work options have pushed in-house legal teams to rethink the work they are doing and how they are doing it.

Reimagining the OCI Process: What we learned from the pandemic

On-campus interviews have long been a staple of law firm recruiting. But when the pandemic hit, law firms, like everyone else, had to adapt by taking this time-honored tradition virtual—in many cases with great success.

Effective Law Office Design: Inspiring and enhancing workplace culture

A thoughtfully considered office has the ability to truly shift the tide, and a successful redesign starts with just one question.

What the past 2 years have taught this firm about talent development

In the past two years alone, we went from rising unemployment rates to the “Great Resignation” to where I believe we stand now: the Great Reevaluation of Priorities. Today’s workers care about who they work for and how and where they do so.

Business fundamentals attorneys need to run a firm

Law school may prepare you to practice law, but it doesn’t teach you how to run a business. Here are some business fundamentals that one business owner and lawyer thinks every attorney should know something about if they hope to one day lead a firm.

Law firms can attract and retain talent by providing purpose for young attorneys

As much of the world begins, hopefully, to emerge into post-pandemic life, finding purpose in one’s career has become more crucial than ever. While the legal field in particular can often be perceived as grueling work, it’s also an industry that enables its professionals to feel that they’re truly contributing to the greater good of society.

The Great Resignation: The toll taken on the legal field and what comes next

The COVID-19 pandemic has shifted much about what we once considered business as usual. It has created unmatched levels of flexibility across industries—many of which had very few flexible options pre-pandemic.

Making the Move: What should legal organizations consider when assessing how the cloud fits into their future?

The COVID-19 pandemic—coupled with the remote and hybrid work models that arrived in its wake—has spurred a move to the cloud for many of the key business systems that legal organizations rely on, from document and email management to collaboration and more.

Tips for Better Billing: Why practice management software is critical to business success

When the COVID-19 pandemic stormed into our lives in 2020, many U.S. law firms saw increased demand for their services and a greater need for efficient operations.

The winners in law’s ‘Great Resignation’ will be firms that focus on innovation, not compensation

Law had an attrition problem before the pandemic hit. Now it’s in hyperdrive, dovetailing with a wider movement of dissatisfied workers quitting their jobs in the wake of lockdown restrictions, in what economists have dubbed the “Great Resignation.”

3 key steps to take to prep for the rise in antitrust investigations

From technology behemoths buying up dynamic startups to market-leading utility companies joining forces, there is a clear trend of market consolidation in the U.S. In the quest to curb the monopolization of industries, President Joe Biden signed an executive order in July promoting competition in the economy—which signals an upcoming increase in antitrust investigations for the legal industry.

Looking to start 2022 on the right foot? Take our advice

At the ABA Journal, we love to produce magazine features like the 50 startup tips to get your practice off the ground. But we also think that it's important to provide a platform for the experience and wisdom of legal professionals year-round. Here are our favorite columns from 2021 in our Your Voice, Mind Your Business and On Well-Being sections, with advice for improving your practice and your personal life in 2022.

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