Winning on a shoestring; even clients and lawyers with 'shallow pockets' can take on the big case if they know how to hold the line on litigation costs
Article Abstract:
Litigators from small law firms can take on deep-pocket clients in complex cases by skillful control of costs. These cases can range from products liability, securities fraud to some kinds of professional malpractice. An effective strategy starts with drafting a litigation budget in conjunction with deciding whether to take a case. Sole practitioners and small firms might want to consider co-counsel. Limiting discovery costs is key to cost-effective legal practice. Another useful strategy is using the client's knowledge and resources. Finally, at trial, using homemade rather than studio-quality exhibits may help cut costs,
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1996
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Sharing decision-making: talking with peer group can help fight isolation when big questions arise
Article Abstract:
Solo lawyers and small firms can get help with business decisions through roundtable discussion groups, organized with an eye to mutual support and with confidentiality a prime factor. Erica Crohn Minchella has set up three such groups in the Chicago area, dividing groups into lawyers who do not compete or conflict directly but do run similar-sized practices. These roundtables can help resolve difficult business decisions that few people comfortably make alone, without making oneself vulnerable to competitors.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1996
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When adding another lawyer: weigh costs, benefits before hiring associate to help with caseload
Article Abstract:
Solo or two-partner law practices thinking of hiring another lawyer must consider the effect on the office and other employees as well as on clients and business. A personal fit is often important, as a new person can change the chemistry and create a more businesslike atmosphere. Management will become more of an issue, which may not be what a solo praticitioner desires. Hiring someone entails many expenses, which are unlikely to be recouped in a few months, so caution and test cases are appropriate.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1995
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