The LexFactor

In this episode of The LeXFactor, a lawfully good podcast, Lexicon’s Brand Manager Lauren Hoffman and CIO Brad Paubel interview Scott Brennan, Lexicon CEO (Brad’s and Lauren’s boss) – highlighting some of the stupidest mistakes that law firms can make as a business.

Download and tune in as Scott provides details on five (5) specific topics that ultimately affect the bottom line – but also addressing “softer” issues that can influence day-to-day engagement in any law firm of any size.

Learn more about Scott Brennan and Lexicon’s holistic suite of practice management technology and services that liberate law firms to do more of what they do best – practice law.

The post 5 Stupid Business Mistakes Made by Law Firms – The LeXFactor appeared first on Lexicon.

Lexicon Brand Manager Lauren Hoffmann hosts another edition of The LeXFactor Briefs, looking at what’s making news in the legal industry. In this episode, Lauren is joined by special guest-host Randy Schorfheide, Lexicon’s Sr. Manager of Public Relations & Communications (back from a long “guest-hosting” sabbatical), to discuss how the COVID pandemic has all but confirmed that technology is not only here to stay, but how it’s role within day-to-day activities will continue.

Those in the legal industry that are seeking a return to in-person meetings for business development should expect new client expectations, courtesy of new marketing tactics that have taken hold since March 2020. More and more law firms are leveraging videoconferencing, digital webinars, podcasts and other technology tools to capitalize on business development opportunities. But marketers should be prepared for those tactics to integrate with traditional in-person marketing processes to offer clients the collaboration they’ve grown accustomed to during COVID-19.

The post Zoom Fatigue? Legal Industry Leaders Say Tech is Here to Stay – The LeXFactor Briefs appeared first on Lexicon.

Lexicon Brand Manager Lauren Hoffmann hosts another edition of The LeXFactor Briefs, looking at what’s making news in the legal industry. In this episode, Lauren and Lexicon Chief Information Officer Brad Paubel discuss and take an intensive look at the March 2, 2021, Microsoft Exchange Server hack and how it might have exposed law firms who still haven’t transitioned to cloud email services for better protection.

Lawyers and law firm leaders shouldn’t ignore the potentially very dangerous consequences this Microsoft Exchange Server breach poses. Listen to this edition of the LexFactor Briefs and learn how Lexicon can provide around-the-clock cybersecurity protection for lawyers and their firms. For more information, contact Brad Paubel, Chief Information Officer, Lexicon, via email at [email protected].

The post Cybersecurity Attack on Microsoft Exchange Server Likely Compromises Law Firms – The LeXFactor Briefs appeared first on Lexicon.

In this episode of The LeXFactor, a lawfully good podcast, Lexicon Brand Manager Lauren Hoffman and CIO Brad Paubel are once again joined by Stephen Embry, legal industry journalist and practicing attorney, as he provides commentary and analysis on what court proceedings could look like in the future: virtual, in-person, or even a hybrid approach.

Speculation is rampant how the legal world might look like if and when the pandemic lets up. Will the virtual world continue – meaning more and more court proceedings and arbitrations being online? Or, will we go back to the physical in-person world for most activities?

There are, however, a growing number who believe a hybrid world might be the best solution. Stephen shares his thoughts and views as to which option – or options – maybe the most appropriate.

Besides being a practicing attorney, Stephen Embry is the publisher of TechLaw Crossroads, a blog devoted to law, innovation, and technology – as well as a noted writer within the legal and legaltech sectors.

The post The Future of Court Proceedings – The LeXFactor appeared first on Lexicon.

In this episode of The LeXFactor, a lawfully good podcast, Lexicon Brand Manager Lauren Hoffman and CIO Brad Paubel interview Stephen Embry, an attorney and legal industry writer, to discuss some key takeaways from recent research regarding the use of technology in the courtroom, training, and e-discovery.

There were some significant changes from 2018 to 2020—and there are sure to be more in 2021 after living in a COVID environment for more than a year. Where there were some minor increases in technology use previously, we are almost certain to see higher usage during the next year.

Stephen says it will be interesting to see whether this impacts the existing resource gap between large and small firms – a troubling issue for many reasons, specifically the health of small firms being critical to the legal profession. He also says we will see whether increased telecommuting lends itself to an increased awareness of resources from lawyers in large firms.

Stephen Embry focuses his practice on mass tort and class action litigation and is the publisher of TechLaw Crossroads, a blog devoted to law, innovation, and technology.

The post Utilization of Technology Inside and Outside of the Courtroom – The LeXFactor appeared first on Lexicon.

Lexicon Brand Manager Lauren Hoffmann hosts another edition of The LeXFactor Briefs, looking at what’s making news in the legal industry. In this episode, Lauren and Lexicon Chief Information Officer Brad Paubel discuss the possibility – or even the necessity – of office roles in a post-pandemic environment.

We’re coming up on a full year under COVID-19, and it’s probably safe to say attorneys are feeling something they never would have thought of roughly 12 months ago: an honest desire to get back to the office. However, it probably won’t be the same as it was previously. While smaller office space and a more flexible work environment will most likely be expected, the biggest change may have nothing to do with the physical environment—but more with the people in it – or not in the office.

The post Will Law Firm Office Roles Need to be Restructured Post-Pandemic? – The LeXFactor Briefs appeared first on Lexicon.

In this episode of The LeXFactor, a lawfully good podcast, Lexicon Brand Manager Lauren Hoffman and CIO Brad Paubel are once again joined by  Wendy Merrill as she continues focusing on helping to prepare rising leaders to steward the firms of the future.

Wendy shifts the discussion to creating a competent group of partners while securing a sustainable – and profitable – legacy for law firms. Leadership, a business mindset, and clear communication are the foundation to establishing clear law firm branding, while at the same time, imbuing and entrepreneurial mentality in all staff at law firms of any size.

Investing in professional development (leadership, business development, etc.) and instituting goal setting and metrics can empower and motivate tomorrow’s law firm leaders.

For more information on how tomorrow’s law firm leaders can be prepared to be future stewards of any law practice can be found in Wendy’s book, “Path to Impact: The Rising Leader’s Guide to Growing Smart”, published in 2019.

The post Bridging the Gap Between the Generations of Future Law Firm Leaders – The LeXFactor appeared first on Lexicon.

In this episode of The LeXFactor, a lawfully good podcast, Lexicon Brand Manager Lauren Hoffman and CIO Brad Paubel interview Wendy Merrill, Executive Vice President of Growth Strategy & Branding for DRI, to discuss helping to prepare rising leaders to steward the law firms of the future.

Before COVID, the flaws of the traditional model were becoming more and more apparent. COVID has acted like a “black light” of sorts, highlighting what’s not working in traditional firms, forcing partners to consider doing things differently.

For example, Wendy goes into detail regarding the flawed model of “non-equity/junior partners”

And for some time now there has been a growing rift between the various generations represented in law firms. Additionally, Wendy speaks to there being a succession planning crisis in the small to mid-sized law firm space.

In 2019 Wendy published her first book, “Path to Impact: The Rising Leader’s Guide to Growing Smart”, an easy to follow guide for early to mid-career professionals to help them be more impactful in their professional and personal lives.

The post Recognizing the Current State of the Law Firm Model – The LeXFactor appeared first on Lexicon.

Lexicon Brand Manager Lauren Hoffmann hosts another edition of The LeXFactor Briefs, looking at what’s making news in the legal and legaltech industries. In this episode, Lauren and Lexicon Chief Information Officer Brad Paubel discuss what hiring trends may make an impact throughout 2021.

As the calendar transitions to 2021, hopefully this new year brings new opportunities in the legal job market. No doubt 2020 was largely influenced by the COVID-19 pandemic, so what does that mean for lawyers, law firms, corporate legal counsel staff, and other legal industry professionals when it comes to finding the right talent, at the right time, for the right job?

The post Hiring Trends to Watch for in 2021 – The LeXFactor Briefs appeared first on Lexicon.

In this episode of The LeXFactor, Lexicon Brand Manager Lauren Hoffman and CIO Brad Paubel are once again joined by  Doug Brown, JD as he shares some of the biggest misconceptions about time management – and why it is such a problem for lawyers – and what to do about it. The Power Principles have helped thousands of lawyers to work less, make more and actually enjoy the life they thought they were getting when they went to law school. This is not your ordinary conversation about time management and productivity – you’re sure to enjoy it and learn something along the way.

Doug is an executive business coach for attorneys and Chief Learning Chief Learning Officer of Summit Success International – an firm devoted to helping lawyers, entrepreneurs and business professionals get more clients and make more money doing work they love.

For more information on how to become a master of your time – and a copy of the e-book The Power Principles of Time Mastery  www.summit-success.com/dougbrown.

The post Time Mastery – Do Less, Make More, Have Fun – The LeXFactor appeared first on Lexicon.