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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Indianapolis lawyer Clayton Miller will be tasked with helping to implement the Indiana State Bar Association’s new strategic plan as president of the state bar, a position he’ll assume Oct. 15. Miller will also lead the bar through the ongoing challenges of the COVID-19 pandemic, and he wants to address other big-picture issues impacting Hoosier legal professionals.
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Fulfilling a lifelong dream can be daunting, even unattainable. It can take years before someone takes steps toward fulfilling a goal set for themselves. But a young Evansville attorney is breaking walls and building new dreams daily, balancing both a legal practice and a female-focused not-for-profit organization.
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At the start of 2021, family law practitioners and longtime colleagues James Reed and Michael Kohlhaas made a career move that runs counter to the current trend — they went from big to boutique.
Read MoreMultiple small and solo firm attorneys told Indiana Lawyer they aren’t yet panicking over current inflation, have not heard any major concerns about billing from their clients or fellow colleagues, and believe the lessons learned from COVID-19 will help them meet future economic challenges.
The daily grind of small firm management ranges from routine to immensely stressful. By returning to bigger picture ideas, I constantly find the practice of law both challenging and rewarding.
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.
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.
One of the great aspects of practicing law is the wide variety of ways to make it happen. Whether you are in-house counsel, legal services, a big firm associate, prosecutor, public defender, government lawyer, judge or a solo practitioner, the ways we as lawyers ensure access to, and the delivery of, justice are myriad. Although there are many common elements to each form of practice, there are challenges and opportunities that are unique to each, and the solo or small firm lawyer holds a special place in this cohort of practice options.
When you are a small firm, you become fully familiar with each person in the office, including knowing and caring about each person’s family. As such, the first and most important decisions during COVID were to protect the health of our staff and their families.
A friend of mine owns a McDonald’s and has told me that McDonald’s requires its franchise owners to complete a training program called “Hamburger University.” He explained that Hamburger University teaches the franchise owner about the “system” of McDonald’s. In some ways, launching my own firm has been like what I imagined about “Hamburger University.”
Indiana law firms and legal nonprofits received nearly $200 million in Paycheck Protection Program loans, but managing partners said the money had a nuanced impact as the financial boost provided some peace of mind during a very uncertain time and helped keep their firms positioned to meet client demands.
Indiana Supreme Court justices have indefinitely suspended an Indianapolis lawyer who was suspended earlier this year for failing to cooperate with the disciplinary commission concerning a grievance against her.
Given the opportunity, hiring a law student for a paid clerkship can be an asset to a small firm or solo practice. Outlined below are some of the most significant benefits for a smaller or solo practice hiring a student law clerk.
The Indianapolis Bar Foundation is once again offering up to $2,500 to lawyers who work with local service providers to help central Indiana families in need of legal services related to the COVID-19 pandemic.
The Indiana Supreme Court has handed down public reprimands against two Indianapolis-area attorneys, including an action against a partner at a major law firm.
The Indiana Supreme Court has indefinitely suspended an Indianapolis lawyer who failed to comply with a disciplinary investigation against her.
With the merger of Indiana’s Wooden McLaughlin and Dinsmore Shohl leading the more than two dozen law firm combinations that were announced in the first quarter of 2021, the new year is expected to bring a return of robust consolidation activity in the legal market.
Twelve judges and 11 lawyers from central Indiana have applied to succeed retiring Judge James Kirsch on the Indiana Court of Appeals.
Longtime Indianapolis asbestos litigation lawyer Linda George is accusing her former law partner in court filings of “hostile, abusive, vituperative, ungrateful and selfish conduct” and of stealing the firm’s assets and employees to open a competing law firm.
The Indiana State Bar Association rolled out a long-awaited health plan that bar association leaders believe will provide an affordable alternative, especially to small- and medium-size firms across the state.
After years of conversations and one scuttled attempt, the Indiana State Bar Association has unveiled a health insurance plan available to law firms around the state. But the coverage is not comprehensive, with solo practitioners being ineligible to participate.
As a small-firm practitioner who makes her money by providing personal legal services, networking is vital for the continued source of clients I need to support my business and keep my associates busy. Planning committees, nonprofit boards, volunteering, social gatherings and local events were my go-to formula for expanding my circles and getting my name and face in front of people who needed to hire a lawyer for highly personal and sometimes sensitive reasons. They needed to have met me in person. They needed my name to come from someone they knew and trusted. At least, that is what I believed to be the only way, until that way no longer existed. And I am not just saying its disappearance is because of the pandemic.
An Indianapolis lawyer who earlier this month was suspended in two separate cases has been restored to good standing in the Indiana bar.