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Launch Angle: How Do You Fund a New Law Firm?

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When you’re starting a new law firm, the big question is how you afford it; and, you don’t want to guess.     At the very least, you want to understand what your runaway is: If I don’t make any money doing this, how long until I run out of money to support myself?     That answer’s different for everybody; and, it helps if you have a life partner, who can keep the wheels moving, while you’re a start - up.     The related question is: How long does it take the new business to become self-supporting ?   In other words, when you do make enough money from it to pay for (1) a salary/your personal expenses; and then, (2) ongoing business expenses.     Once you get there, you can breath a sigh of relief, and start focusing on profit.     But, if you don’t have a spouse, or a significant amount of savings to tap into, or even a book of business to port over from another law firm – you’ve got to grind to make it work, because, ...
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Inbox Intuition: Do You Need to Draft Your Own Emails Anymore?

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Artificial intelligence is invading your email inbox, in the same way that it’s marauding against the rest of your life .   And so, you’re making the decision – actively, every day: Do I give in, or try to hold out?     In some cases, it’s certainly worth it to hold out .   In others, it may be worthwhile to just surrender to the flow.     One of those latter cases may just well be sitting inside your email inbox.     Lawyers are buried in emails, generally .   I know, because t hey all complain about it to me – usually via email !   And yeah , I get it: samesies .     But, if there’s one thing that AI is good at, it is writing almost like us .   So, if you feel like you’re buried in email messages (I know you do), you can deploy artificial intelligence tools to draft email responses for you .   Not necessarily to send – you can ( and, probably should ) revise the final versio...
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