Not surprisingly, most small business owners rarely take vacation. According to a 2013 Sage Reinvention of Business Study, 43 percent of small business owners take less vacation time than they did five years ago. And from what I’ve observed among my fellow solos, vacations are even fewer and farther between. In fact, it’s not uncommon to find many solo and small firm attorneys who haven’t taken more than an extended three-day weekend as vacation in five years or more.
Solos’ reluctance to take vacation isn’t surprising. Some feel that they may miss out on a major client if they’re away from the office more than a couple of days, while others are so overwhelmed with work that they feel that they can’t make the time. Of course, cost is a factor as well, and it’s a veritable triple whammy what with the cost of the trip itself, lost revenues with fewer billable hours and the cost of bringing in an assistant or backup lawyer to cover cases.
Still, there are also costs to skipping vacation for years on end. Solos who never take a break experience burnout, reduced productivity and loss of time with family. Moreover, without vacation (and somewhat counter-intuitively), solos miss out on an opportunity to improve their practices….
July is turning into a cushy month for me in ATL Land (not a real place; more of a state of mind). The first Monday of the month was the Fourth, meaning a much-appreciated day off for my colleagues and me. Then there’s this post today, which is nearly half done and I haven’t even said anything yet. Then I’m off for two weeks on vacation, and back the last week of the month. Two more posts and another month in the books. Easy peasy lemon squeezy. (Yeah, I don’t know what that means either.)
Good thing I don’t get paid by the post. Wait, what? Really? Huh. OK, apparently I do. I’ll try and make this one count then.
It occurs to me as I pack for two weeks off that vacation is a difficult issue for small-firm lawyers. It’s easier at Biglaw: You get your four weeks a year, and there are armies of other lawyers to cover for you while you’re away. (Actually, that’s only half true; many big firm lawyers struggle to take all of their allotted time.) But in small firms, it’s much harder to take vacation or to get adequate coverage while you’re away.
It took me some time, but I finally figured out how to do it. Here then are my vacation-related tips for small firm lawyers, including the most important thing you can do to protect your vacation time….
As regular readers know, this is usually the time of year I go to Vegas, blow my bonus, and come back to work a week later angrier than ever.
Well, this year, it’s going to be different. Oh, don’t worry, when I return to Above the Law’s pages on March 14th, I’m sure I’ll be all kinds of pissed off. It just won’t be because a security guard prevented me from committing suicide by MGM lion enclosure.
No, for my vacation — which begins now and ends a week from this coming Monday, in case you’re wondering — I am going to start the process of quitting smoking….
If you are considering a virtual law practice, you know that many of today’s solo firms started that way. But why are established, multi-attorney law firms going virtual?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Reduces malpractice risk
Enables you to gather the best attorneys to fit the firm, regardless of each person’s geographic location
Leverages mobile devices and cloud technology to enable on-the-spot client and prospect communication
Transitioning in-house is something many (if not most) firm lawyers find themselves considering at some point. For many, it’s the first step in their career that isn’t simply a function of picking the best option available based on a ranking system.
Unknown territory feels high-risk, and can have the effect of steering many of us towards the well-greased channels into large, established companies.
For those who may be open to something more entrepreneurial, there is far less information available. No recruiter is calling every week with offers and details.
In sponsorship with Betterment, ATL and David Lat will moderate a panel about life in-house and we’ll hear from GCs at Birchbox, Gawker Media, Squarespace, Bonobos, and Betterment. Drinks, snacks, networking, and a great time guaranteed. Invite your colleagues, but RSVP fast, as space is limited.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.