Solo Practice University

Your agent told you that you don’t want to have a clause in your policy called “The Hammer Clause.” No, it’s not a Pro-Wrestling move and no, you won’t find the term anywhere in your policy. The Hammer Clause is a term of art for forcing a settlement in the Defense, Indemnification, and Cooperation section of your policy. Any good lawyers’ malpractice insurance policy gives the insured the right to tell the insurer whether to…
Lawyers occasionally reach out to me wanting clarification on what needs to be covered in a letter notifying active clients, whose matters the lawyer will be unable to complete in time, that their lawyer is closing his or her practice. My response is to share that ordinarily these letters will inform each client of any relevant time limitations or time frames that are in play, provide instructions as to how and where they may obtain…
Solo lawyers continue to occasionally call in wanting to discuss a business opportunity that has come to be known as the “license rental” model.  In short, these lawyers are being offered an opportunity to affiliate with an out-of-state firm or occasionally a non-lawyer owed company and it’s often presented as an attractive way to develop a stable flow of recurring business.  The out-of-state firm or non-lawyer owned company is wanting to direct cases to the…
Is the billable hour in its final death throes? If so, how do we deal with this while we build our practices?  Of course, people have been saying this since last century. Listen and learn Jared’s unique take on this perennially hot button issue. The audio is about 44 minutes. Listen directly below. https://spucdn.files.wordpress.com/2018/10/jared_10_02_2018.mp3 Download (.MP3) Jared has written a new book called “Twitter in One Hour for Lawyers“. You can learn more about
The Rules of Professional Conduct require attorneys to set fees that are not excessive. (Rule 1.5 (a)). Lawyers must also communicate the basis for their fees and expenses to their clients, according to the scope of representation. Yet how does an individual attorney calculate the amount of the fee? Should this fee be hourly or be predicated on a fixed, contingency or retainer basis? It’s helpful to first consider how much of the work you…
Life is like a combination lock; your job is to find the right numbers, in the right order, so you can have anything you want. Brian Tracy Fear steps in and your future seizes.  The only way to be more than you are now is to hire; but, how can you make that happen? Your mind says, “What if I can’t meet payroll? What if I fail?” If you’ve experienced these fears, you are not…
If one were to collect everything I and many others like me have written on risk management for lawyers, I suspect the collection would fill a tome or two; but sometimes less is more.  It is with this sentiment in mind that I offer the following short malpractice avoidance checklist that covers the basics. Malpractice Avoidance Checklist – The Basics Always try to do the following: ____ With an eye toward maintaining client confidences, keep…
(You can listen to Part 1 here, Part 2 here, Part 3 here, Part 4 here.) Jarred and I have recorded five free guest lectures covering the vast topic of  What Clients Want: Managing  Legal Consumer Expectations in 2019-2020.  It is nearly five hours of us discussing in depth: How Legal Consumers Find Law Firms What Legal Consumers Want Marketing Requirements for a Modern Law Firm Intake Procedures/Forms How Modern Law Firm Clients Want…
If you were kicking yourself for missing this event last year…the wait is over. Cyber Monday 2018 was such an unqualified success we decided to not just rinse and repeat but get even crazier! For 4 days, Friday, November 29th through Cyber Monday, December 2nd, when you enroll as an ANNUAL student at Solo Practice University® your tuition will be just $477!…and every year thereafter when it automatically renews. There is no coupon code needed. Just enroll…
If you were kicking yourself for missing this event last year…the wait is over. Cyber Monday 2018 was such an unqualified success we decided to not just rinse and repeat but get even crazier! For 4 days, Friday, November 29th through Cyber Monday, December 2nd, when you enroll as an ANNUAL student at Solo Practice University® your tuition will be just $477!…and every year thereafter when it automatically renews. There is no coupon code needed. Just…