Articles

Providing ‘the right services at the right time in the right place’: Faegre Drinker’s John Stanley leads team focused on supporting attorneys

If John Stanley and his team of roughly 400 do their jobs correctly, no one will notice. Stanley oversees a wide range of behind-the-scenes activities at Faegre Drinker Biddle & Reath LLP that attorneys and their clients might not pay much attention to unless whatever object or service they want is missing or malfunctioning. Across 21 global offices, he and his team handle such matters as operations administration, real estate, travel, hospitality and research and information.

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Finding the right fit: New lawyers rejecting long hours, big salaries in favor of work-life balance

In 2021, the hiring of lateral associates skyrocketed 148.5%, the largest year-over-year increase recorded, according to NALP. Likewise, Thomson Reuters warned that by November 2021, law firms were “edging dangerously close” to seeing almost a quarter of their associates leave. However, while firms have raised associate compensation to lure talent, many new lawyers are not as interested in big salaries as previous generations of new attorneys.

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Talking honestly: New managing partner at Dentons’ Evansville office focused on well-being

Trisha Dudlo wants to have frank discussions. The 37-year-old is the new managing partner of Denton Bingham Greenebaum’s Evansville office and the first woman of color to hold that leadership position. Named the office chief in April, Dudlo is stepping into her role at the same time as she sees the legal profession rebuilding from the upheaval created by the pandemic and consequently having to do things “alarmingly different.”

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Camper: Choosing the right clients as a solo practice or small firm

How to choose the right clients as a solo practice or small firm? This is the million-dollar question. If every law firm owner could answer this question perfectly, every attorney would be a million-dollar partner at a law firm. Not choosing the right clients could be No. 1 at destroying your practice or firm. Surprisingly, the topic, “How to choose the right clients” is a discussion that is uncommon among lawyers.

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Profitable change: Solo, small firm attorneys see upsides to payment, firm administration changes during pandemic

Roughly half of all small firms reported in Thomson Reuters’ 2021 State of U.S. Small Law Firms study that they endured a moderate or significant struggle in getting paid by clients over the last two years. Many also expressed concerns about acquiring new business. But those firms that created a concentrated approach to addressing their payment challenges saw quick, positive results.

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Huettner: Quick tips for starting and growing a law practice

Owning a business can be richly rewarding. Law firm owners can define the scope of their practice, pick a target market, set their own hours and enjoy the creativity involved in implementing a corporate vision. With technological advancements and a move to web-based work and communication in recent years, starting a law firm has become increasingly accessible for attorneys seeking the unique benefits of small business ownership.

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