Are law firms recession proof? This is a good question, especially with the recent economic upheavals. Law firms can be affected by recessions, but not necessarily in the same way that companies are affected by a recession. At Mesilla Legal Center, we believe it’s crucial to understand the dynamics of the legal services industry and how they interact with...
Continue ReadingAttorneys are busy, and networking takes work. While challenging, networking for law firms and sole practitioners does pay off. It also gets easier with practice. Nearly everyone, at some point, needs an attorney. By building contacts or participating in networking events, you may be the attorney they call. Below are some attorney networking tips to help you at your...
Continue ReadingAre you involved in a legal dispute? If so, you may have heard of mediation and arbitration. Mediation and arbitration are alternative dispute resolution methods. They offer different ways to resolve a legal conflict than through the court process. Perhaps you’d like to know the difference between mediation and arbitration and the potential impacts of using either method. Understanding...
Continue ReadingArtificial Intelligence (AI) permanently changed the landscape of countless industries, including the legal profession. Rather than resist the change, law firms should adopt the mindset of how can AI benefit the legal industry. Potential AI benefits include streamlining workflows, improving decision-making processes, and potentially reducing overall costs. Here is a look at some ways that legal AI can help...
Continue ReadingIt’s no secret that the legal industry has a reputation for its grueling and demanding work hours. Lawyers are notorious for working long hours, including nights and weekends. It’s often necessary to meet deadlines, prepare a case for trial, and respond to client questions. However, with an increased emphasis on improving work-life balance and the rise in popularity of...
Continue ReadingIn today’s digital age, network security is more important than ever. That is equally as important in a co-working space. In a world where thousands of workers, including lawyers, use public or shared WiFi or high-speed internet connections in their co-working spaces, law firms have good reason to worry about whether they are using a secure network in shared...
Continue ReadingSo you are ready to hang up your own shingle! Every lawyer’s journey to solo law practice is different, and starting your own firm can be both exhilarating and challenging. Many experienced lawyers might tell you what to do when starting your firm, but it is often hard to get advice on what to avoid as a solo law...
Continue ReadingWhen the COVID-19 pandemic hit the global workforce in 2020, many industries had to quickly adapt to remote work because the virus made working in traditional offices too risky. The legal industry was no exception. The advances in digital workforce technology, paired with stay-at-home mandates, forced many lawyers to learn how to be productive without going to the same...
Continue ReadingAccording to Law Crossing, the average firm spends between 45% and 50% of overall earnings on overhead costs. Overhead includes any expenses incurred that do not generate direct revenue, such as renting legal office space with a monthly lease or mortgage, utilities for your office, and technology. Depending on your location, paying for office space could be a significant...
Continue ReadingThere are already so many inefficiencies in the traditional workplace. How many times have you thought to yourself after a meeting, That could have been an email? Even worse than the time wasted in long drawn-out meetings is the inefficiency of resource management. From cranked-up air conditioners, blinding fluorescent lighting, printers, copiers, and water coolers, to the carbon emissions...
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