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Practice HQ

Practice HQ Resource: Starting a Law Firm Checklist

Posted on August 12, 2019 by Rhys Saunders

Starting a new law firm can be an incredibly exciting endeavor, but it can also be daunting to navigate the process and face the unknown.

After all, attorneys must consider everything from software to practice management to client services.

Practice HQ Resource: Six-Step Ransomware Defense

Posted on July 30, 2019 by Rhys Saunders

Law firms often make easy targets for ransomware attacks.

The primary reason is that firms are late to the security game. Criminals target firms with ransomware because they have low security, very sensitive data, and will pay to keep it.

Practice HQ Resource: Merging Law Firms Checklist

Posted on July 17, 2019 by Rhys Saunders

The owners of law firms may consider merger options as part of their succession planning.

While periodically reviewing merger options can be an effective part of long-range strategic plans, it’s important that firms do not rely on mergers as a life raft. Instead, mergers should incorporate a well-thought business strategy and create greater client value.

Practice HQ Resource: How to Manage Leads and Convert Prospects into Paying Clients

Posted on July 9, 2019 by Rhys Saunders

Many attorneys spend their time and resources focusing on getting more leads but fail to realize that what they do with those leads is just as important as generating them.

The ISBA’s whitepaper on managing leads and converting prospects into paying clients highlights four major components of improving conversion rates, which include training for your front office and intake staff; specific tactics and strategies to maximize conversion at each stage; an intake customer relationship management software; and tracking and measuring key metrics.  

Practice HQ Resource: Do You Have a Substitute Attorney in the Event of Your Disability or Death?

Posted on June 19, 2019 by Rhys Saunders

While retirement is usually planned, the sudden death or disability of an attorney requires contingency planning.

It’s especially important for private-practice attorneys to designate a representative on their ARDC registration documents or certify that they have made a similar designation in a succession plan or comparable agreement. The representative would be able to take limited fiduciary action if the designating attorney loses the capacity to run his or her firm, abandons the practice, or dies, thus preventing the negligence of client matters.

Practice HQ Resource: Risk Assessment Form

Posted on June 3, 2019 by Rhys Saunders

The age-old idiom “hope for the best and prepare for the worst” can be applied to assessing risks to a law firm.

To plan for recovery, attorneys should understand what risks threaten their practice, and how to determine their potential impact in order to mitigate risks.

Practice HQ Resource: New Firm Technology Checklist

Posted on April 15, 2019 by Rhys Saunders

In the digital age, technology is the cornerstone of any law firm.

With a myriad of options on the table, it’s important to ensure that you don’t forget anything when opening a new practice.

Practice HQ Resource: How to Make Your Website the Hub of a Successful Online Marketing Strategy

Posted on March 19, 2019 by Rhys Saunders

With nearly 75 percent of consumers searching for an attorney online, it is important to make your website the hub of a successful legal marketing strategy.

What makes the difference between a great website and an ineffective one? It starts with planning.

Practice HQ Resource: Eight Proven Steps to Double Your Referrals

Posted on March 12, 2019 by Rhys Saunders

For many law firms, referrals are an integral part of obtaining new clients. But it takes time to build a referral base, which must be cultivated through meaningful relationships with reliable sources.

The ISBA’s whitepaper on increasing a firm’s referrals provides five fundamental keys to accomplishing that goal. They include tips such as not trying to be a generalist, actively building relationships with five to 10 new referral sources each year, keeping in touch on a regular basis, rewarding people for referring clients, and not relying on just other attorneys for referrals.

Practice HQ Resource: Closing a Law Firm Checklist

Posted on March 4, 2019 by Rhys Saunders

Closing a law firm can be a daunting task.

There are many considerations attorneys must take into account, and the process itself takes time due to obligations to protect client information as well as the interest of the clients.

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