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Ed Poll

Feb 1, 2013

LAWBIZ COACHES CORNER: Electronic media and the duty to preserve

It might seem that nothing is more temporary than a quick email, text or Twitter message. Yet these messages are increasingly subject to a duty of preservation, whether that duty is for a lawyer or on behalf of a client.

Jan 29, 2013

LAWBIZ COACHES CORNER: How to make your practice worth less

The fact that lawyers can sell their practices is no longer in dispute. However, reaping value from the sale of a law practice presumes that the value is recognizable.

Jan 10, 2013

LAWBIZ COACHES CORNER: 3 essential questions regarding retirement

Every lawyer should make a financial plan for retirement.

Jan 2, 2013

LAWBIZ COACHES CORNER: There’s no such thing as successful multitasking

People are still talking on the phone and texting while driving despite the statistics that prove it can be deadly and despite it being against the law.

Dec 20, 2012

LAWBIZ COACHES CORNER: Selling a practice? Use this checklist

Interest in the sale of law practices continues strong and unabated. This may reflect continued economic stress, the aging of the profession or simply greater desire to look for greener pastures outside the law.

Dec 10, 2012

LAWBIZ COACHES CORNER: Don’t stress out about the holidays — use them to take control

The stresses of what has become “the holiday season” – an all-encompassing period stretching from before Thanksgiving to after New Year’s Day – are well known.

Nov 29, 2012

LAWBIZ COACHES CORNER: Goodwill is your practice’s legacy

For many lawyers, retirement is out of reach because the value of their homes, investments and retirement plans took heavy hits over the last few years. But for those lawyers who can retire, their firm typically represents a “pot of gold” in their minds. It is the asset on [...]

Nov 16, 2012

LAWBIZ COACHES CORNER: What’s your recourse if the client refuses to pay?

An opinion this year by the New Jersey State Bar’s Advisory Committee on Professional Ethics raises a major alarm bell for any lawyer who has trouble collecting money from a current client.

Nov 14, 2012

LAWBIZ COACHES CORNER: Carrying too many lawyers — or clients — is fiscal suicide

Bruce MacEwen, whose long-running blog, www.adamsmithesq.com, is subtitled “An inquiry into the economics of law firms,” recently made provocative comments about where the profession’s economics are heading.

Oct 25, 2012

LAWBIZ COACHES CORNER: Has your practice changed?

When lawyers enter legal practice, they understand that certain aspects of what they will be doing will change during their careers.

Oct 22, 2012

LAWBIZ COACHES CORNER: A 3-D view of small firm success

The legal profession has reached a point where upheaval is the “new normal.” Certainly large law firms are changing in response to recession, technology and client demands; those firms that don’t change quickly enough, like Dewey & LeBoeuf, are doomed to swift failure[...]

Oct 11, 2012

Accept the discipline of ownership

There is perhaps no profession where entitlement is less justified than in the law. Practice needs should always be fulfilled first, and personal needs should be met with the minimum expense necessary to maintain a standard of living.

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