The question of another economic recession in the United States is not if it will happen, but when. Roughly a decade since the end of the Great Recession, most economists predict the U.S. economy will take another dip some time in 2020. Businesses, including law firms, are starting to prepare.
A recent survey of young Florida attorneys found that roughly 58 percent say the practice of law has become “less desirable” to them as their years in practice have increased. But facing difficulties doesn’t mean the next generation of Indiana lawyers are preparing to switch careers. Rather, they say the struggles they encountered, though painful at the time, have improved their skills as client advocates.
The legal profession has a problem, according to the International Bar Association. The largest survey of its kind found sexual harassment and bullying endemic in the legal profession in the United States and around the world.
Across the country, in-house counsel attorneys are taking steps to put their money where their mouth is — literally — when it comes to diversity in the legal profession.
On a vacant plot along Main Street across from the federal courthouse in South Bend, Barnes & Thornburg leaders grabbed their shovels Tuesday and helped break ground on a new office building that is not only on the first new construction within the downtown business core in 20 years, but which also will carry the law firm’s moniker.
Indiana law firms are absent from a record year of deals, but many are growing through lateral hires or picking up entire practice groups.
As more states move toward requiring attorneys to carry malpractice insurance, opinions on the matter among Hoosier attorneys remain unchanged: Many Indiana lawyers believe purchasing professional liability insurance should not be required to practice law.
A novel new health insurance program is touted by the Indiana State Bar Association as providing better coverage at lower cost, particularly for solo practitioners and small law firms.
The Indiana Supreme Court Disciplinary Commission addressed such questionable relationships in an advisory opinion that cautions Hoosier attorneys against “license rental” partnerships with out-of-state law firms or non-lawyer service groups. Through these partnerships, Hoosier attorneys lend their services to the out-of-state firm or non-lawyer group in exchange for a fee paid for limited client representation in Indiana.
Indianapolis attorney Yasmin Stump is among women lawyers who made a change to regain control over the time she spent in the workplace and become the ultimate decision maker in their careers. Stump and others chose to take a risk and open her their practices.
According to a new report, only 4 percent of nearly 2,000 lawyers surveyed regularly collect formal client feedback in the form of surveys, interviews, etc., to measure client satisfaction. The dearth of law firm client satisfaction data complicates business development and referral prospects.
For many firms, improving profitability is as simple as engaging in some common-sense strategies that other businesses observe. Here are a few tips to get you started on improving your profitability.
The 2018 Indiana State Bar Association annual meeting began last week with an intense debate in the House of Delegates over a proposal designed to make a statement about the bar’s position on hot-button topics: should attorneys be required to attend CLE programs about diversity and mental health issues?
in an age of technology, new legal tech tools are being designed to provide attorneys with more specific answers for clients’ numerous questions about expected case outcomes. Legal analytics tools provide data on how a judge typically rules on summary judgment motions, how long a particular judge generally takes to decide a case or how often opposing counsel chooses to settle.
Law firms are recognizing the personal and professional responsibilities that compete for attorneys' attention and finding ways to address those needs, including providing services such as around-the-clock family care for children and aging parents.
Legal employers interested in helping colleagues impaired by issues such as substance abuse, depression or cognitive degeneration now have a versatile toolkit they can customize to meet the needs of their attorney and the organization.
Many law school students graduate with the goal of joining a well-established firm and securing a steady income as soon as possible. But Erika Bryant is among those who would rather take a risk on themselves.
Just as an attorney would shred outdated paper documents, contacts stored in a cellphone and files on a hard drive must be kept private when the old devices are discarded.
Advances in technology have led the world into an era of easy accessibility, something that attorney Bryan Stoffel is grateful for. His solo practice is one of many that rely heavily on the cloud for everyday functions, such as billing, law practice management and filing client paperwork.
Among the resolutions adopted by the American Bar Association House of Delegates during its annual meeting this month was one that could significantly change the way attorneys conduct their business: Resolution 101 to amend the attorney advertising rules.