Wouldn’t it be nice to have the option to sell your business in the future for a hefty price? The good news is that there are proven strategies you can use to increase the value of your practice and make it attractive to potential buyers. Whether you want to sell your business next year, in 5 years, or just want to have the option in the future, you should start laying the groundwork today to make it a possibility. And while this article was originally written for my business clients, I’m confident you will be able to find the parallels … Continue reading »

Many people don’t believe it. Even lawyers are known to scoff at it. But many of you know the truth — you go to law school, spend a small fortune and come out to find the pickings are lean. Looking deeper than 6 figure school loans and the trend of fewer Big Law positions available to absorb the glut of new law school grads every year… Let’s examine the real reason why so many lawyers are broke. “…the number of jobs in small firms has generally been increasing in recent years, and for every job in a large firm taken by … Continue reading »

We’ve seen some comments on various media streams lately that imply (or directly state) that… Being a lawyer requires a resignation to working too hard for too little money. Being “happy” isn’t part of the deal. Like, ever. Of course, if you know anything about us, we not only don’t believe that, we actively work against it. We believe you should not only love being a lawyer, but that you can. Of course that means different things to different people, so let’s just combine all those elements under that one loaded word: happy. In this article, you’ll see statistical evidence … Continue reading »

Recently, I wrote here about the story of Milo Elofson, who is currently a victim of elder abuse at the hands of the legal system, despite the fact that his son Greg was appointed as his guardian. (Thank you to all of who responded to come to Greg and Milo’s aid.) What I’d like to cover today is how to know if your parents or even possibly you could be at risk of this exact same kind of thing. Unfortunately, I see it frequently, not only do most lawyers not have their own legal planning handled properly—their own parents planning … Continue reading »