As Thanksgiving approaches, it’s a good time to reflect on reasons to be thankful. After all, in 2018 lawyers have many things to be grateful for, from a strong legal job market to greater flexibility and mobility, courtesy of improved technologies.
For starters, technological advancement has ushered in a new era and has transformed the legal industry. One big advantage of this development is that 21st century lawyers now have affordable access to powerful law firm software and tools that offer them greater flexibility and improved efficiency. These new tools have leveled the playing field, making it easier than ever for small firm lawyers to compete and innovate in ways never before seen. As a result, they’re able to build customized, cutting edge law firms that allow them to practice law on their own terms while simultaneously providing their clients with the best possible representation.
In other words, 2018 has been a good year for lawyers. Here are just a few reasons why lawyers should be grateful this Thanksgiving.
The legal job market can sometimes be unpredictable, and there have been some bad years since the turn of the century. We all remember 2008 and the reverberations that were felt for years.
But since then, things have improved, and 2018 was no exception. In fact, in recent months, the legal job market has done quite well. The last 2 months showed an increase of 2,000 jobs in the legal sector. So the market is in an upswing, and for that we should all be grateful!
In 2018, legal software and mobile devices offer lawyers more mobility than ever before. Gone are the days of being tethered to the office. Instead, lawyers can use cloud computing technology and law practice management software to store and manage all of their law firm data.
And with the advent of mobile technology, mobile apps provide instantaneous access from any internet-enabled device, making it easier than ever for lawyers to easily access case-related information and practice law on the go. The practice of law is no longer confined to the four corners of your office; instead, it can occur anywhere, at anytime, and for that, you should be grateful!
Cloud computing and 24/7 access to information
This instant availability of information is made possible courtesy of cloud computing. When your law firm’s data is stored on servers owned and maintained by third parties, you no longer have to balance practicing law with managing your law firm’s IT services. Instead, you can outsource IT management to your cloud computing software provider, saving your firm time and money.
When your firm’s data is securely stored offsite, you recognize a host of benefits. Among them are affordable backup, a built-in disaster plan, 24/7 access from any internet enabled device, and the ability to securely communicate with colleagues and clients in one central location. In other words, cloud computing software streamlines your law firm, making it easier than ever for you to practice law on your own terms, and for that you should be grateful!
Easier to get paid promptly
The days of waiting for your clients’ checks to arrive in the mail are long gone. Instead, lawyers can offer their clients multiple payment options, including the ability to pay instantaneously online via echeck and credit card. Not only does providing more choices give your clients the most flexibility, it also ensures that your law firm’s legal bills will be paid quickly and promptly.
Online invoicing also offers additional benefits. Costs are reduced since you’re no longer required to print out invoices and pay to send them to your clients in letter form. Instead, you can send invoices through your law firm’s legal practice management or billing software. Your clients will receive their legal bills right away and can then pay them with just the click of a button. Legal billing has never been so easy, and that’s just one more thing to be grateful for in 2018!
New and emerging practice areas
And last, but not least, 21st century lawyers have more choices than ever when it comes to practice areas. Recent technological innovations have paved the way for new practice areas. As new technologies are released into the marketplace, a host of new legal issues are encountered, leading to a demand for lawyers who are equipped to address them.
You could be one of those lawyers. The key is to stay on top of technological change and the many legal issues that arise in its wake. If you’re not sure where to start, check out this list of 40 legal practice areas that didn’t exist 40 years ago. One of them might be right up your alley. With a slight pivot and a little research and preparation, you can ensure that your law firm is uniquely positioned to handle some of these emerging practice areas well ahead of the competition.
So there you have it: 5 reasons to be grateful this Thanksgiving. No doubt there are many more, so make sure to count your blessings this holiday and enjoy your time with family and friends while you’re at it! Happy Thanksgiving!