The idea of being efficient and eliminating wasted effort comes naturally for some attorneys. It’s part of their DNA. For others, law school, and their environment, taught them to analyze every nuance – to be as thorough as possible. Unfortunately, this way of practicing often generates waste when you own your own business. Add to that the fact that service businesses in general are prone to wasteful effort and time, and you get a recipe for small firms that can be challengin

Business school, just like law school, teaches you new ways of thinking. While the actual tools, theories, cases, and people you get exposed to are great, what really sticks over time (hopefully) is the ability to face an issue or a challenge and think about it in ways that others may not. Recently the managing partner of a four-person law firm asked me this question: why would I ever want to outsource my books? He further explained that outsourcing something means a loss of

All too often, lawyers who hang out their own shingle forget they are opening a business (first) and serve as a legal professional (second). Being an entrepreneur means continuously learning how to run a better business. Just like law, the learning never stops. Here are 5 areas small firms should learn from the business world. #businessoflaw #lawfirmsasabusiness #lawpracticemanagement