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IOLTA 101: Tips for Solo and Small Firm Lawyers

Attorney at Work

The Interest on Lawyers’ Trust Account, commonly called IOLTA, is one of the most valuable tools for expanding legal representation to appear in recent decades. The interest collected statewide funds legal assistance programs for low-income people and traditionally underserved populations.

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How to Finance Your Small Business Venture

Blumberg

There are quite a few methods to consider to finance your future small business. Furthermore, you should discuss a potential backup plan with a bankruptcy lawyer before you begin. Here are the top ways to finance your small business and what to consider with each. a busy Philadelphia bankruptcy lawyer.

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How Do Lawyers Plan for Retirement?

MyCase

Whether your retirement is around the corner or further down the road, retirement for lawyers requires extensive preparation. There are certain lawyer retirement rules and regulation requirements you’ll need to follow—and they vary from state to state. . When Do Lawyers Retire? Is There a Mandatory Retirement Age for Lawyers?

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Lawyer Payment Plans: How and Why to Implement Them in Your Firm

MyCase

When law firms provide payment plan options, it can make legal assistance more affordable, expand the firm’s client base, and even help lawyers get paid. According to the MyCase 2021 Industry Report , which surveyed over 2,000 legal professionals, 73% of respondents stated that getting paid was a challenge for their firms. .

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Paralegal Career Choice: Public Service or Private Practice

Paralegal Bootcamp

According to the US Bureau of Labor Statistics, employment of paralegals and legal assistants is projected to grow 12 percent from 2020 to 2030, faster than the average for all occupations. Paralegals and legal assistants held about 345,600 jobs in 2020. Finance and Insurance 3%. Federal Government 5%.

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How A Startup Evolves: As Casetext Marks 10th Year Anniversary, Here’s Its History Through 50 Blog Posts

LawSites

In fact, with its recent launch of CoCounsel , an AI legal assistant developed in partnership with OpenAI and using the latest version of OpenAI’s GPT large language model, it has become the generative AI company to beat in the legal market. 2013 New Legal Research Site Combines Case Law with Crowdsourcing.

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Few reasons why you should take up the effective service of Ldaprolegal

LDA PRO

There are confusions at times about the hiring of the legal representative. Maybe all you need is a LDA but your legal connections may compel you to take the help of a lawyer or a legal assistant. Well, we all know how finances can be drained in routine legal methods.