The term “billable hour” has long been a topic of discussion in the legal community. However, for such a simple term, it can be used in different ways. The most obvious answer is that hourly billing and the lawyer’s hourly billing rate is the method, likely still the predominant method, of determining how much clients
Takeaways from the 2022 OBA Solo & Small Firm Conference
We had some great tips and content at the Oklahoma Bar Association Solo and Small Firm Conference this summer. I wrote about it in the Oklahoma Bar Journal, but forgot to cross post it here. This piece includes some of the best tips. Thanks so much to Brett Burney and Kenton Brice for the great
Office Sharing Tips for Lawyers. It Seems Simple Until It’s Not.
It is certainly not rare to see lawyers practicing in an office sharing arrangement. Sometimes a law firm that is downsizing finds itself with more office space than it needs, and subletting makes sense. Two or three lawyers might rent an office suite for their individual solo practices. Office sharers can benefit from sharing overhead
Kenton Brice on Training the Next Generation of Lawyers and the Future of Legal Tech
Our Digital Edge podcast this month features Kenton Brice, Director of Technology Innovation at the University of Oklahoma College of Law. Our podcast is titled Professor Kenton Brice on Training the Next Generation of Lawyers and the Future of Legal Tech.
Kenton’s reputation as a thought leader in legal tech is well-established. He is
Cyber Insurance for Law Firms: Skyrocketing Prices and Less Coverage
If you have recently renewed your cyber insurance policy, then you know how challenging that can be. If you haven’t renewed, the best advice is to start well in advance of the policy expiration date.
If you’ve struggled to afford cyber insurance, you’re not alone. In the past year, prices rose by 30 to 40
The Oklahoma Bar Association’s 2022 Solo and Small Firm Conference
The Oklahoma Bar Association Solo and Small Firm Conference is back! It will be helf June 23-25 at the Choctaw Casino Resort in Durent.
Oklahoma lawyers and bar staff alike are looking forward to the return of this annual event after Covid kept us from holding this event. So, of course we are attempting to
Digital Edge Podcast–How to Build a Successful Solo Law Practice
How to Build a Successful Solo Law Practice is our most recent Digital Edge podcast. Our guest Mark Bassingthwaighte. has been a Risk Manager with ALPS, the nation’s largest direct writer of 
lawyers’ malpractice insurance, since 1998.The podcast has been transcribed so you can either listen or read the transcript. Mark provides a lot of
Client Selection: How to Red Flag High-Risk Clients (Including Relatives)
Some of the greatest decisions of your career may be ones that you don’t even remember. They involve clients who you decided not to represent that went on to make another lawyer’s life miserable for a while. Client selection is an important aspect of law firm management. For many lawyers, this involves a one-to-one consultation
Why should a solo or small firm prepare a budget?
Way back when I practiced law, few one- and two- lawyer offices prepared a budget in advance for the year. Their budget, and in many cases their “partnership” distribution formula, was the tried-and-true formula “you eat what you kill.” Had we questioned the lawyers about that omission, many would have responded that budgets weren’t 
important
The Changing Dynamics of a “People Law” Practice
Do you practice People Law? There has long been a perceived difference between large law firm practice and small law firm practice. But, in my view, the major difference is not the size of the law firm, but the type of clients primarily served.
Those who study the data of law practice have noted that