@rightbrainlaw At the end of the day it’s net profit, or more specifically, net profit per partner (PPP) that tells you whether the operating plan is working and whether your firm is headed in the right direction or not. It’s equally applicable to firms of one or 1,000.
@ernieattorney @rightbrainlaw@lawclerklegal Medicine has been disrupted, just very poorly. Insurance companies broke the relationship with general practitioners, big medicine consumed everything and money moved from the pockets of Doctors to big pharma. Sometimes disruption breaks things.
@rightbrainlaw@lawclerklegal Completely agree, my firm is still 90% hourly billing because it’s the most profitable. We lawyers are too smart to undermine our own profit. But leverage (technology, and the gig economy/virtual associates) are ways to get more done with less overhead. We can do better.
@rightbrainlaw@lawclerklegal It’s not disruption via tech that’s necessary, but our business model needs updating. We can drive down costs and widen access, yet protect our profit and margins through evolution (and likely disruption). Tech is the lever, not the goal.
@stevethelawyer@rightbrainlaw@lawclerklegal Context was innovation of the business model. Having built and run multiple firms, my experience is very much that litigators live in a world of precedent and zero sum analysis (and I am a litigator). Over generalization, but lit isn’t driving change in the business model.
@mikewhelanjr @JEGrant3@JessBirken@lawclerklegal@casetext @mikewhelanjr - really really well done! And thanks so much for including us @lawclerklegal. Success stories of real lawyers improving their lives (and businesses) fuel our team!
Uber and Airbnb are marketplaces that figured out how utilize an idle asset.
Airbnb turns spare bedroom into extra cash, Uber turns your car into extra income.
However, the most valuable asset in the world that’s underutilized isn’t cars or bedrooms--it’s people.
It's the @lawclerklegal Project of the Week! This week we bring you an Appeal. One of our Attorneys hired a freelance Lawclerk with 25 years of appellate and Supreme Court experience. Check out MJ with the scoop https://t.co/i3VcsmwUGa
Talitha Gray Kozlowski, partner at @GTGlegal and COO of @lawclerklegal, sits down for a Q&A on rising above belittling comments, her nerve-wracking case two days after passing the bar, and more. https://t.co/WbKKcu1Rf2
In my 30’s I fully embraced the idea of working smarter not harder. It took me another 10 years to figure out that effort and productivity are independent. Billable hours are still playing catch-up.
GTG SUCCESSFUL IN OBTAINING $77,000,000 NON-DISCHARGE JUDGMENT
In the Chapter 7 bankruptcy case of Paul Anthony Morabito pending before the United States Bankruptcy Court for the District of Nevada, Gerald... https://t.co/M2BrINlheX
Integration of the week: @lawclerklegal allows prospective clients to connect with freelance lawyers, and is coupled with the efficiency of Clio! https://t.co/uD6gVyX0Ij
Had a demo yesterday of the new @lawclerklegal integration with @goclio, and of the platform more generally, with cofounders @KristinTyler and @talithabgray. Here's what I learned about this marketplace for lawyers to find freelancers: https://t.co/3ntc8UHn1d