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A Message from Thomson Reuters Small Law Firm Business

Overworked Lawyer Entrepreneurs: Relief in a September Webinar Series

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A free webinar series is offered throughout September to help small law firm attorneys identify the first steps in addressing the challenges that you yourselves faced in Thomson Reuters’ State of U.S. Small Law Firms study of law firm management. The webinars helps firms identify which challenges are most pressing, and provide a practical first step to simplify law firm management to achieve success.

Every year large law firms are surveyed to keep pulse on economics, client trends…and none of it applies to small law firms. It’s simply a different ballgame for small law firm attorneys. So in a groundbreaking study, Thomson Reuters examined firm management challenges, goals, measures of success and key trends in small law. The result is the State of U.S. Small Law Firms study, and it quantifies many of the client, time management, and profit pains that have plagued attorneys in recent years.

You may even have seen a series hint of the survey’s results including the key challenges (and the fact that so few firms are doing anything to address them). Well, there’s an upside: something can be done to address the challenges, and in fact, one technology solution can reduce several of the challenges at once. That’s practice management.

A webinar series about practice management—entitled Overworked Lawyer Entrepreneurs—reveals the statistics and study results surrounding small law challenges. Each session addresses a key aspect of law firm management, including:

Are you working for free after 2 p.m.? with small firm consultant Jared Correia. The study shows 40% of GP/solo firm time is spent on administrative work—and the majority of firms know they spend too much time in this area. How can you reduce admin work and free up billable time?

4 Ways Small Firms Are Set Up for Unpaid Bills with billing expert John O’Connor of John O’Connor & Associates in San Francisco.

Small Law benchmarks: Does your profit measure up? With author Mary Juetten, whose book about small law firm key performance indicators (KPIs) will release from Thomson Reuters in October.

Eliminating the Fear Factor: Tech Adoption Doesn’t Need to be a Hurdle with attorney and technology expert Matt St. John, whose presentation was a top hit at the ABA GP/Solo conference this spring.

Many attorneys remain stuck trying to handle new challenges with old time management techniques—and it simply doesn’t work anymore. Profits are suffering. This live, online practice management series is available now for registration (you can speak your mind and ask questions from the experts), and recorded sessions will be available after the full series completes. See what a practice management system can deliver: Join the free webinar series, at 12 noon Eastern/9 a.m. Pacific every Wednesday in September.

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