Compensation & Benefits for Law Offices

An unprecedented series of law firm layoffs has thousands of lawyers looking for work. Many are hanging out their own shingle for the first time either as solo practitioners or as part of two- to five-partner “micro” firms. To turn the pink-slip trend into a profitable new business quickly in this tough economy, every nonbillable hour needs to generate leads and build business. Debra Regan, vice president of the Internet marketing agency at LexisNexis offers these suggestions for budding solo practitioners and micro practices: