30 06, 2011

Think You’re Underpaid? Get Real Before You Leap

2019-03-21T19:24:39+00:00By |Comments Off on Think You’re Underpaid? Get Real Before You Leap

An in-house lawyer (let’s call her Sara) contacted me about helping her design a business plan for starting up her own law firm. I commended Sara’s wisdom in creating a business plan before leaving her corporate job. Surprisingly few lawyers actually do that. She explained that she needed the business plan in order to get a bank to lend her operating capital. While I silently questioned how realistic her expectations were, I asked how much she intended to borrow. She said, “I only need enough to cover my living expenses for a couple of months. Just until the money starts coming in.” […] «Think You’re Underpaid? Get Real Before You Leap»

3 06, 2011

Leveraging Dictation Technology to Save Time and Overhead

2019-03-21T19:30:36+00:00By |2 Comments

Lawyers used to dictate drafts of correspondence and documents for their assistant to transcribe, in order to improve their efficiency over handwritten drafting. As word processing software became more user-friendly, however, lawyers began doing more and more of their own typing. Most found it easier to draft when they could immediately see and edit their work product. Today both solos and big firms save on overhead by using fewer, and sometimes less skilled, administrative assistants, which increases the need for lawyers to type more.

Some of those cost savings may be illusory, however. […] «Leveraging Dictation Technology to Save Time and Overhead»

 

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