Disasters come in all shapes and sizes. A parent dying and leaving small children is an unmitigated disaster to the family. As far as they are concerned, it is of more significance to them than the Gulf Coast hurricanes. The family disaster is worse if the deceased was the family breadwinner without adequate life insurance
Law Firm Management
IRS Raises Mileage Rate
By Jim Calloway on
Due to recent increases in fuel prices, the IRS has raised the standard mileage rate to 48.5 cents per mile. This change was effective September 1, 2005 until December 31, 2005. Here’s the IRS press release. I’m certain those couriers and others in your office who get reimbursed would appreciate it if you would …
New FTC Regulation on Document Destruction Impacts Law Firms
By Jim Calloway on
Effective this week (June 1) a new Federal Trade Commission regulation requires the destruction of sensitive information dervived from consumer credit reports. This regulation specifically applies to attorneys as well as other businesses. Hopefully, most law firm procedures already comply with the new rules due to concerns of client confidentiality. But those with bankruptcy and…
The Lawyer’s Bank Accounts
By Jim Calloway on
The Lawyer’s Bank Accounts is the topic of my article in this month’s Oklahoma Bar Journal. It is a brief overview and may be particularly valuable to the new lawyer setting up a law practice. There are links to other resources about bank accounts for lawyers, including a recent article by Dan Pinnington on…
Tom Peters Outlines Ways to Succeed and Make Money
By Jim Calloway on
How would you like to have a coaching session from an internationally-known management guru like Tom Peters? Many readers would say, "I’d love to, but can’t afford it." Well, Tom Peters has posted part 1 of his "100 Ways to Help You Succeed and Make Money" online for you to read. If these don’t start…
Do firms have to pay paralegals overtime?
By Jim Calloway on
According to this story in the Virginia Lawyers Weekly, the Department of Labor has issued an opinion letter on January 7 stating that even a paralegal with a four year degree and a paralegal certificate does not qualify for an exemption to overtime pay requirements. I couldn’t easily find the opinion letter on the website.
Law Practice Today– and Tomorrow
By Jim Calloway on
One great free resource for law firm technology and management information is Law Practice Today, the e-zine published by the ABA Law Practice Management Section. It is normally published near the end of each month. I suggest you subscribe to the e-zine while visiting the site. That means you will receive e-mail notification when each…