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Little Big Firm Advantage Ernest Svenson

Little big firm

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Page 1: Little big firm

Little Big FirmAdvantage

Ernest Svenson

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Ernie SvensonBigLaw - 20 yrs

Solo Practice - 6 yrs

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Ernie SvensonBigLaw - 20 yrs

Solo Practice - 6 yrsErnieTheAttorney.netPDFforLawyers.comPaperlessChase.com

@ErnieAttorneyTwitter

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20 yrs at Traditional Law Firm

After Katrina: Solo Lawyer

I don’t work by myself

Use technology strategically

1985 1995 2005 2010

My Practice

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Leverage information

Best result for clients

Lowest possible cost

Appear professional

Goals today

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Why large was better

How shifted & why

How small can win

Review best tools

Road Map

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Why large was better

Road Map

1.

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BigLaw

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Receptionist

Phone systems

Computers

Software

Email

Package deliveryMetered mail

Document preparation

Collaboration

Online research

Package deliveryTrial graphics

Document assemblyParalegals

Secretaries

IT support

Letterhead StationeryOffice space

Time & billing

Word Processing

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Expensive Office Space

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Well-paid Receptionist

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Complex PBX system

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State-of-Art Copiers

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Postal Meters & Fax

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Fancy Stationery

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Large library

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BuildingDewey, Cheatum & Howe–Attorneys at large–

– Equipment

– Phones

– Files

– Books

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Overhead

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OverheadCollections $100,000

$50,000

Profitability

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Why large was better

Road Map

How shifted & why

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How shifted & why

Road Map

2.

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A changing world

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Informationprocessing

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The Internet

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Receptionist

Phone systems

Computers

Software

Email

Package deliveryMetered mail

Document preparation

Collaboration

Online research

Package deliveryTrial graphics

Document assemblyParalegals

Secretaries

IT support

Letterhead StationeryOffice space

Time & billing

Word Processing

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Dewey, Cheatum & Howe–Attorneys at large–

– Files

BuildingSmaller

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Dewey, Cheatum & Howe–Attorneys at large–

The ‘Cloud’

Dewey & Howe–Attorneys at large–

.Dewey

Tiny Office

Home

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Overhead

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Why large was better

How shifted & why

Road Map

How small can win

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How small can win

Road Map

3.

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BigLaw lost 10,000 lawyer jobsin last three years

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1,720

1,270

73,256

Twitter Account Followers

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ReputationWork product & successful outcomes

Office address & phone number

Receptionist - answers your phone

Letterhead/stationery - your documents

Website - your online resume/contact info

Email address - [email protected]?

Important

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Why large was better

How shifted & why

How small can win

Road Map

Review best tools

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Review best tools

Road Map

4.

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Office SpacePaperless lessens need for office space

Besides storage, what?

– dedicated work space (distraction free)

– conference room for mtgs & depos

– collaboration

– place to keep equipment

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Co-workingProvides:

– dedicated work space (distraction free)

– conference rooms for mtgs & depos

– internet, phones & color printers

– collaboration opportunities

– TV displays in conference rooms

– month-to-month contract ($125)

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ReceptionistVirtual receptionists

– Always available (no sick days)

– Intelligent handling of calls

– Well trained in phone etiquette

– Presents strong first impression

– Month-to-month plan ($219)

Set up fee ($95) - waived if ...

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(Virtual assistants)

– Carefully interviewed (only 3% hired)

– Training: 6 weeks intense w/ online tools

– Handle any virtual task

- calendaring, setting appointments, calling about unpaid invoices, research, booking travel, etc.

– 10 hours/month ($197)

– 20 hours/month ($397)

.com

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Word ProcessingSecretarial help

– Dictate using your phone

– Pay per word, usually about 1.5 cents

– Only pay when you use service

– Available 24 hours a day (on weekends)

– Your format; your templates

Dragon Dictate

– $100 or less; reliable (but req’s training)

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DocumentsTypography for Lawyers

– Matthew Butterick

– Website: www.typographyforlawyers.com

– Book: $25 on Amazon

– Principles of design for legal documents

– How to create a proper caption

– Effective letterhead design

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DocumentsTypography for Lawyers

– Matthew Butterick

– Website: www.typographyforlawyers.com

– Book: $25 on Amazon

– Principles of design for legal documents

– How to create a proper caption

– Effective letterhead design

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WebsiteCommunication & Contact information

– Home page should be simple & direct

– Contact page important

– Have a picture of yourself

- Recent one

- Professional

$5/month

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Rambo, Dirty Harry & Karate Kid

BigLaw Contact Page

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Simpler Contact Page

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Email addressProfessionalism v. Ethics

– Keep personal email separate from work

– Ethically okay to use [email protected]

– Professional? Probably not

– Personal domain (e.g. @svensonlaw.com)

– Not that expensive

– included with a basic website

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Google AppsBusiness class service

– Custom domain(e.g. @svensonlaw.com)

– $50/user per year

– Centralized management

– Best spam filter

– Easy web access

– Guaranteed 99.9% uptime

– Email migration tools

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PDFsDigital Paper (req’d by Fed Cts)

– learn to view & navigate

– how to manipulate (insert pages, rotate)

– how to process documents (bates-stamp, redact)

– PDFforLawyers.com

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The “Cloud”

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Cloud ServicesDropboxSugarSyncBox.netAmazon S3

$8.50/month

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Cloud based BillingTwo choices for lawyers

Clio

– $49/atty & $25/staff

– Free trial period

Rocketmatter

– $59/atty or $19 if 20+ users

– Free trial period

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Office

Receptionist

Email, website

Web-fax

Cloud sync/backup

Web-billing

Video conferencing

$125

$219

$5

$9

$8

$49

$49

Monthly Cost of my “Little Big Firm”

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Total Monthly Cost?

$464+ time

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AssumeRevenue / yr

Costs / yr$100,000

Cost % = .08

$8,000

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8%

Overhead

Small firm

\

60%Large firm

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Okay, so....

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Small Tech Strategy+ +

= Advantage

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1. Review what’s possible

2. Pick one thing to implement

3. Refine & improve / training

4. Go back to step #1

Where to start?

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