Earlier this week, stock prices for Chegg, which provides study materials and outlines for high school and college students, plunged by almost 48 percent reports CNBC. The culprit? ChatGPT which has cut into much of Chegg’s business in just
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Announcing the Law Firm AI-ccelerator Speaker Line-Up
I get by with a little help from my friends. The Beatles sure knew what they were talking about when they wrote that line. Even if you’re starting a law firm alone as many of us do, help from friends,…
Make Money Monday: Tout Your Tech
Can a law firm’s use of artificial intelligence be a selling point for clients? Biglaw firm DLA Piper thinks so. Last month, DLA Piper publicly announced that it would utilize Casetext’s groundbreaking platform, Co-Counsel which is powered by GPT-4 to…
ABA Ethics Rules on Choice of Law in Multi-Jurisdiction Practice
Starting a law firm that operates in multiple jurisdictions can be lucrative, but also confusing with multiple, competing ethics rules. In March 2023, the ABA issued Formal Opinion 540 to provide guidance to lawyers who practice in. more than one…
Starting a Law Firm: Is Influencer Marketing for You?
In October 2022, I wrote about the rise of nano-influencers and how lawyers might use them to market their law firms. Turns out, I was ahead of the curve. As Forbes reports, influencer marketing is becoming more important than ever…
Ready to Lawnch? The Law Firm StartUp AI-ccelerator Is Coming Soon!
Hey there, Law Firm Owners, Innovators, Dreamers & Schemers! Are you ready to transform the legal landscape and jumpstart your very own law firm in just SIX weeks? Say hello to the Law Firm StartUp AI-ccelerator, the groundbreaking program that…
Big Law Still Isn’t Big Enough for Women Who Want to Make It Big
Six and a half years after arguing that women’s success in legal doesn’t matter if they don’t work at Biglaw, Vivia Chen is back with this interview with Beth Wilkinson, who left biglaw at Paul Hastings back in 2016 to…
FAQs on Chat GPT for Solo and Small Law Firms
In the past three months since the November 30, 2023 release of ChatGPT, I’ve seen all kinds of misconceptions about the technology from how it works to whether reliance on it could trigger copyright liability or penalties in Google search…
Protecting Client Trust Accounts When Banks Collapse
As if lawyers didn’t already have enough to worry about when it comes to protecting client trust accounts, add bank solvency to the list. As the recent meltdowns of the Silicon Valley Bank and Signature Bank remind lawyers, even a…
Advice on Flat Fee Billing from Two Lawyers Who Do It
This article summarizes key takeaways from the #ABATECHSHOW presentation “Flat Fees: the F Word You’ll Learn to Love” by flat fee pros Regina Edwards and Ashley Pepitone. Summary based on my notes, compiled by Chat GPT with additional editorial review.…