Fafinski, Mark & Johnson (FMJ), a seventeen-year old, mid-sized Minnesota law firm is poised to embrace 2017 with a 17-themed special of its own: offering new business incorporations for just $17.17 – plus expenses, reports the Star Tribune . The goal behind the $17-special is two-fold. First, the firm wants to help more fledgling businesses
Although the 2016 presidential race pitting Hillary Clinton against the Donald Trump has dominated the news for the past year, the reality is that the outcome of tomorrow’s election is unlikely to have an immediate impact on most voters. By contrast, thirty-four states have a combined total of 157 propositions on the ballot that will
We’re all familiar with the saying “think outside the box.” That phrase came to mind recently when I stumbled across a pair of posts —Networking With People Outside of Your Industry , Harvard Business Review by Dorie Clark and Five Smart Reasons to Create Content Outside Your Niche (Hubspot.com, August 10, 2016) by Larry
Most lawyers are familiar with, and skeptical about offering mini legal services packages – which is really just a fancy name for unbundling . In other words, in contrast to a full service experience, from advice about a particular corporate entity or estate plan to drafting the plan, filing it with the Secretary or Probate
What makes a product or services appealing to customers or clients? For lawyers, most of us would say that most clients retain us because we’re in the business of solving problems. But that response is too limiting and may be costing us valuable business opportunities.
A recent
Remember the “I Love Lucy Show” where Lucy would get herself into some kind of scrape that she’d conceal from her husband Ricky – but then be forced to ‘fess up when he demanded, in his heavy Spanish accent, that “you’ve got some ‘splaining’ to do.” In doing so, sometimes Ricky wanted his wife to
Google is famous for its twenty percent project initiative which encourages employees to spend twenty percent of their time experimenting with their own ideas. Other behemoth tech companies like LinkedIn, Facebook and Apple have adopted their version of similar programs. But so too have smaller businesses outside the tech space, reports Forbes , describing the
This article by Carol Roth, Use the Buddy System to Market Your Small Business is geared towards small business – but a couple of the tips apply equally well to small law firms. Moreover, because these practices are often overlooked by small firms, they can provide a quick path to success.
Roth’s first tip is
Not surprisingly, most lawyers would rather handle one $30,000 case than 30 one-thousand dollar matters or 60 five-hundred dollar matters. Managing thirty, or worse – 60 – different matters can involve significant transaction costs even when a firm is highly automated.
On the other hand, when you’re starting out or if business is slow, a
A few months ago, I