Solo http://soloincolo.com/?p=4056 http://feedproxy.google.com/~r/SoloInColo/~3/6Own41fKDSE/cmon-water-fine-starting-law-practice Practice Management C’mon In. The Water Is Fine. Starting a Law Practice By Sara Scott and Danaé Woody The practice of law is not one-size-fits-all nor is starting a law firm. A new law practice’s success depends on a solid foundation of legal experience, as well as on the founder’s preparedness, personal drive and well-defined goals. Many solo practitioners are blissfully content with generating an annual income [&#8230;] Thu, 05 Oct 2017 15:06:13 Z http://soloincolo.com/cmon-water-fine-starting-law-practice#respond Alexa Drago <p></p><p>By Sara Scott and Danaé Woody</p> <p><a href="http://soloincolo.com/wp-content/uploads/2017/09/boat.jpg"><img class="alignleft wp-image-4057" src="http://soloincolo.com/wp-content/uploads/2017/09/boat-300x197.jpg" alt="" width="222" height="143" /></a>The practice of law is not one-size-fits-all nor is starting a law firm. A new law practice’s success depends on a solid foundation of legal experience, as well as on the founder’s preparedness, personal drive and well-defined goals.</p> <p>Many solo practitioners are blissfully content with generating an annual income comparable to those in their practice areas. Others choose to manage multi-person or multi-city offices. Still others aim to work part-time and contract with other firms for overflow work with the goal of focusing on other aspects of life. As there is no one “right” way to structure a practice, there is no one set of guidelines for building a successful practice.</p> <p>This article explores some important considerations when one decides to venture into the world of self-employment in the legal profession. We encourage those who have gained some experience through legal employment and who are considering starting their own firm to take the leap.</p> <p><strong>Making the Decision</strong></p> <p>It is a major (and exciting!) decision to practice law outside the shelter of an employer law firm. The best place to start is by determining your short- and long-term goals for the practice. Ask yourself the following:</p> <ul> <li>What do you want from your new job?</li> <li>How much do you need to earn for it to be “worth it” for you?</li> <li>How quickly do you need to see returns?</li> <li>Who is your “ideal” client?</li> <li>Why are you practicing law in the first place (instead of, for instance, opening an ice cream parlor)?</li> <li>Do you want or like to work around other lawyers?</li> <li>Will you have an office space or virtual office?</li> <li>Write down your ideal work day in present tense, from the time you wake up until the time you go to bed. Keep in mind the following questions: Are you in an office most of the day? In court? Drafting?</li> <li>Seeing clients? What time do you leave and get home? Are your days varied? Do you want to carve out time to binge watch episodes of “Breaking Bad” or squeeze in a daily siesta?</li> </ul> <p><strong>Marketing Yourself and Your Practice</strong></p> <p>Determine your marketing strategies based on who you are. We recommend having an elevator speech prepared so that you never miss an opportunity to share who you are and what you do. While you should always keep your business cards handy, it is important to build relationships with other professionals. In other words, don’t just pass out business cards and call it a day. A good referral pipeline depends on regularly connecting with your contacts. Other marketing strategies include blogging, public speaking, scholarly writing, sending periodic newsletters and, of course, doing great work that showcases your expertise in the field.</p> <p><strong>Set Reasonable Expectations</strong></p> <p>We aim to dispel any notions that owning a law practice means routinely “officing” on the beach. You will likely work harder in your own business than in a traditional role in another law firm. In fact, you will need to work hard or the business won’t work. First, build the practice. Then, work-life balance will come. Nearly every new law practice will experience fits and starts. Don’t be discouraged. For every misstep, there will also be incredible small victories.</p> <p><strong>Foster Your Personal Connections</strong></p> <p><a href="http://soloincolo.com/wp-content/uploads/2015/07/Business_People_Group_Talking_2.jpg"><img class="alignleft wp-image-2857" src="http://soloincolo.com/wp-content/uploads/2015/07/Business_People_Group_Talking_2-300x200.jpg" alt="" width="249" height="161" /></a>Most anyone will need help at some point, so line up your support system early. In addition to utilizing resources provided by the CBA, such as the Colorado Attorney Mentoring Program (CAMP) and the Solo Small Firm Section, it is important to cultivate mentors organically.</p> <p>As Sheryl Sandberg points out in <em>Lean In</em>, the “will you be my mentor?” approach simply doesn’t work outside of a recognized mentoring program. Instead, ask to meet someone for coffee or lunch (everyone has to eat). Ask someone to tell their own story, and don’t forget to follow up with a handwritten note and your business card.</p> <p>A few rules of thumb for being a good mentee are:</p> <ul> <li>Don’t burn out your mentors. Hopefully you will have several mentors and won’t need to go to the same person too often.</li> <li>Respect others’ time. Do your homework before reaching out to ask a question. Failure to do initial research can make you and your mentor uncomfortable, or even annoyed, and can sour an otherwise positive mentoring relationship.</li> <li>Pay it forward. There is something you can share to help someone else. Many mentoring relationships involve give and take from both sides.</li> </ul> <p><strong>Maintaining Your Practice</strong></p> <p>Don’t be afraid to reevaluate your plan at years one, two and five. Be thoughtful about what works and what doesn’t. Ask yourself whether your typical work days live up to your ideal. Consider the adjustments you can make to stay satisfied in your practice. Finally, analyze your bottom line and cut fat if necessary.</p> <p><strong>Invest in Your Own Personal and Professional Development</strong></p> <p>If you are not a business person, become one. There should always be room for personal and professional growth in your practice. Keep up with the law in your practice area. Maintain the highest standards of professionalism. Then, you’ll find you’re already on your way to providing your business with a firm foundation for success.</p> <p><strong>Hang in There</strong></p> <p>Sometimes the going will get tough. Lawyers experience one of the highest burnout rates among professionals. The grind can be rough, especially with the responsibility of an entire firm on your shoulders. Have a plan in place to address and manage burnout. Make and then keep promises to yourself about self-care; your work will be better and you will be more efficient.</p> <p>We wholeheartedly agree with <a href="http://npr.org/2016/05/01/476346709/forget-talent-success-comes-from-grit">Angela Lee Duckworth’s work</a> about “Grit.” Duckworth explains that, in a word, grit is stamina. Grit is the willingness to hang in there over the long term. She suggests that having grit is as much of an indicator of success as is any standardized test. When it comes to starting a law practice, we have both found that grit is an essential piece of the puzzle.</p> <p>As Eleanor Roosevelt instructed, “You must do the thing that you think you cannot do.” If we were to list the dozens of times we felt unsure, afraid or over our heads, this article would be ten times its current length. That said, the first time your firm settles a case in your client’s favor, wins a trial or receives a compliment from opposing counsel, you will be on cloud nine. Those are the moments that make opening up shop worth everything. In the meantime, let your grit keep you going and know that there are many others out there, including the two of us, who are cheering you on.</p> <p>&nbsp;</p> <p><em>Danaé Woody is the founder of Woody Law Firm, a boutique family law firm in Denver. She is on the CBA Young Lawyers Division Executive Council and is a member of the Modern Law Practice Initiative. She can be reached at <a href="mailto:danae@woodylawllc.com">danae@woodylawllc.com</a>.</em></p> <p>S<em>ara Scott is the principal of Sara S. Scott LLC, where she practices family law. Previously, she was a founding partner of Zamani &amp; Scott LLP in Washington, DC. She recently relocated to Denver and started her current firm. She can be reached at <a href="mailto:sara@sarascottlaw.com">sara@sarascottlaw.com</a>.</em></p> <p><em>This article first appeared in <a href="http://www.dbadocket.org/the-business-of-law/scott-woody/">The Docket</a>.</em></p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/6Own41fKDSE" height="1" width="1" alt=""/> http://soloincolo.com/cmon-water-fine-starting-law-practice/feed 0 http://soloincolo.com/cmon-water-fine-starting-law-practice 2017-10-05 15:06 +00:00 2017-10-05 09:06 -06:00 http://soloincolo.com/?p=4046 http://feedproxy.google.com/~r/SoloInColo/~3/CY1Mu3Pl_mo/ideas-marketing-law-firm-free Marketing A Few Ideas for Marketing Your Law Firm for Free Implementing an effective marketing campaign for a small law firm can be expensive. Some solo attorneys spend thousands of dollars annually to promote their legal services to prospective clients. Over the years, the amount spent on a long-term marketing campaign can grow quite high. But don’t get discouraged. There are plenty of free or inexpensive [&#8230;] Tue, 03 Oct 2017 14:53:53 Z http://soloincolo.com/ideas-marketing-law-firm-free#comments Melanie Fischer <p></p><p><a href="http://soloincolo.com/wp-content/uploads/2017/09/merketing.jpg"><img class="alignleft size-medium wp-image-4049" src="http://soloincolo.com/wp-content/uploads/2017/09/merketing-300x206.jpg" alt="" width="300" height="206" srcset="http://soloincolo.com/wp-content/uploads/2017/09/merketing-300x206.jpg 300w, http://soloincolo.com/wp-content/uploads/2017/09/merketing.jpg 728w" sizes="(max-width: 300px) 100vw, 300px" /></a>Implementing an effective marketing campaign for a small law firm can be expensive. Some solo attorneys spend thousands of dollars annually to promote their legal services to prospective clients. Over the years, the amount spent on a long-term marketing campaign can grow quite high. But don’t get discouraged. There are plenty of free or inexpensive marketing strategies that can be highly worthwhile and effective – and can be used independently or as part of a comprehensive marketing plan.</p> <p><strong>Low-Cost and Free Marketing Tactics<br /> </strong>While it might seem like costly advertising options are worth the out-of-pocket expense, there are also countless methods for marketing your firm without spending any money at all. Such options might require a bit of time and effort to carry out – but they will not require you to break the bank.</p> <p><strong>Following are a few ideas for promoting your law firm that do not require you to pay a fee:</strong></p> <p style="padding-left: 30px;"><strong>Talk to anyone and everyone about your firm. </strong>Talking to friends, relatives, neighbors, and acquaintances about your firm and the legal services you provide does not cost anything. Being your own advocate and telling people about your law practice is one of the best ways to explain to people what you do, and how you can help them.</p> <p style="padding-left: 30px;"><strong>Update your blog. </strong>If your firm has a website, it probably also has a blog. And if it doesn’t have a blog, one can be added. By adding interesting and informative articles to your blog on a regular basis, you will encourage prospective clients to visit your site. If they find the information you provide on your blog to be helpful, there’s a chance they will call you for legal assistance.</p> <p style="padding-left: 30px;"><strong>Attend networking sessions, or organize a get-together among professional peers. </strong>When you are active and involved in professional organizations, other members will learn about you and your law firm. The more they know, the more likely they will be to refer clients to you. Besides the fee you might have to pay to be a member of a professional group, networking can be practically effortless – and it’s usually free.</p> <p style="padding-left: 30px;"><strong>Volunteer.</strong> Getting involved with local charitable organizations can be an excellent way to meet members of your community. Oftentimes, in exchange for your time and effort, an organization will reward you by printing your name on their promotional materials or by mentioning you as a volunteer or supporter.</p> <p style="padding-left: 30px;"><strong>Add testimonials or client reviews to your website.</strong> If you have more than a few 5-star reviews, it’s a good idea to display them on your website. Prospective clients like to read what previous clients have to say about you and the legal services you provided them. Testimonials and reviews can be very helpful in convincing prospects to pick up the phone and schedule an appointment.</p> <p>Besides the abovementioned ideas for promoting your law firm for free, there are many other tactics that can be implemented. The key is to be creative and always keep your eyes and ears open for no-cost or low-cost marketing opportunities. Never pass up a chance to tell or show the public who you are, and why they should hire you for legal services.</p> <p>&nbsp;</p> <p>&nbsp;</p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/CY1Mu3Pl_mo" height="1" width="1" alt=""/> http://soloincolo.com/ideas-marketing-law-firm-free/feed 1 http://soloincolo.com/ideas-marketing-law-firm-free 2017-10-03 14:53 +00:00 2017-10-03 08:53 -06:00 http://soloincolo.com/?p=4051 http://feedproxy.google.com/~r/SoloInColo/~3/iGMUUza2-Wc/septembers-best-blogs-2 Marketing Technology September’s Best of the Blogs We know you are busy! So we read through numerous blog posts and find the best ones to share with you each month. Please let us know if you feel we are missing a particularly good. Quick Tips Tech Tips for Preparing for a Big Storm Finding Help with Functions Casemaker Tips and Tricks For [&#8230;] Fri, 29 Sep 2017 15:01:20 Z http://soloincolo.com/septembers-best-blogs-2#respond Alexa Drago <p></p><p>We know you are busy! So we read through numerous blog posts and find the best ones to share with you each month.</p> <p>Please let <a href="mailto:adrago@cobar.org">us know</a> if you feel we are missing a particularly good.</p> <table width="100%"> <tbody> <tr> <td> <table width="100%"> <tbody> <tr> <td width="0"> <table> <tbody> <tr> <td> <h3><strong>Quick Tips</strong></h3> </td> </tr> </tbody> </table> </td> </tr> <tr> <td> <ul> <li><a href="http://lists.cobar.org/t/118031/10967677/12227/28/">Tech Tips for Preparing for a Big Storm</a></li> <li><a href="http://lists.cobar.org/t/118031/10967677/12228/29/">Finding Help with Functions</a></li> <li><a href="http://lists.cobar.org/t/118031/10967677/12229/30/">Casemaker Tips and Tricks</a></li> <li><a href="http://lists.cobar.org/t/118031/10967677/7823/31/">For more tips, check out the LPM Department’s “Tip of the Week” </a></li> </ul> </td> </tr> <tr> <td></td> </tr> </tbody> </table> </td> </tr> <tr> <td> <table width="100%"> <tbody> <tr> <td width="0"> <table> <tbody> <tr> <td> <h3><strong>Product Reviews</strong></h3> </td> </tr> </tbody> </table> </td> </tr> <tr> <td> <ul> <li><a href="http://lists.cobar.org/t/118031/10967677/12230/32/">Top Five Free Legal Apps for Smartphones</a></li> <li><a href="http://lists.cobar.org/t/118031/10967677/12231/33/">Rocket Matter&#8217;s Updated Mobile Apps</a></li> <li><a href="http://lists.cobar.org/t/118031/10967677/12232/34/">Top Five Password Managers</a></li> </ul> </td> </tr> <tr> <td></td> </tr> <tr> <td> <table width="100%"> <tbody> <tr> <td width="0"> <table> <tbody> <tr> <td> <h3><strong>Technology</strong></h3> </td> </tr> </tbody> </table> </td> </tr> <tr> <td><strong> </strong></p> <p><strong>Why Lawyers Will Love the iPhone 8 and iPhone X</strong></td> </tr> <tr> <td>Recently Apple introduced the 2017 versions of the iPhone — three models. If you are a lawyer or other professional who uses an iPhone to get work done, these are amazing devices. Here are the details of each model that stood out. <a href="http://lists.cobar.org/t/118031/10967677/12233/35/">Read more</a>.</td> </tr> <tr> <td>&nbsp;</p> <p><strong>e-Filing and Legal Document Marketplace Sites</strong></td> </tr> <tr> <td>I recently learned about Esq.Me, a legal document marketplace site that allows attorneys to purchase and sell legal documents. Documents for sale include simple documents, like affidavits of service, as well as more complex documents, like appellate briefs. <a href="http://lists.cobar.org/t/118031/10967677/12234/36/">Read more</a>.</td> </tr> <tr> <td>&nbsp;</p> <p><strong>Does Your Law Firm Still Need a Landline?</strong></td> </tr> <tr> <td>Letting go of your landline is a little like letting go of a lifeline form a boat. You want to do it, but you don’t feel confident unless your feet are touching the bottom. <a href="http://lists.cobar.org/t/118031/10967677/12235/37/">Read more</a>.</td> </tr> <tr> <td></td> </tr> <tr> <td> <table width="100%"> <tbody> <tr> <td width="0"> <table> <tbody> <tr> <td> <h3><strong>Marketing</strong></h3> </td> </tr> </tbody> </table> </td> </tr> <tr> <td><strong> </strong></p> <p><strong>5 Common Questions Attorneys Have About Law Firm Marketing</strong></td> </tr> <tr> <td>Attorneys often have many questions about online marketing and how to do successful law firm marketing on the web. These are some of the most common questions we hear from attorneys who want to improve their law firm’s online marketing. <a href="http://lists.cobar.org/t/118031/10967677/12236/38/">Read more</a>.</td> </tr> <tr> <td>&nbsp;</p> <p><strong>Four Things Some Attorneys Don’t Know About Law Firm SEO</strong></td> </tr> <tr> <td>Law firm SEO isn’t complicated once you understand the basics. By learning a few SEO basics, law firms can focus on online marketing strategies that help them meet their business goals and avoid wasting time or money on ineffective or risky SEO tactics. <a href="http://lists.cobar.org/t/118031/10967677/12237/39/">Read more</a>.</td> </tr> <tr> <td>&nbsp;</p> <p><strong>Tips for Gaining New Clients in a Competitive Market</strong></td> </tr> <tr> <td>One of the most obvious ways to consistently gain new clients, even if your law firm exists in a competitive market, is to stay one step ahead of your competition. <a href="http://lists.cobar.org/t/118031/10967677/12238/91/">Read more</a>.</td> </tr> <tr> <td></td> </tr> <tr> <td width="0"> <table> <tbody> <tr> <td> <h3><strong>Miscellaneous</strong></h3> </td> </tr> </tbody> </table> </td> </tr> <tr> <td><strong> </strong></p> <p><strong>A New Tool that Helps Protect Yourself and Your Law Firm From Ethics Violations</strong></td> </tr> <tr> <td>Lawyers are the backbone of a just and fair society. They fight for social justice, protect rights, and help people through times of crisis. Yet, lawyers face their own struggle for justice in the form of overreaching regulatory authorities acting within systems stacked against the accused. <a href="http://lists.cobar.org/t/118031/10967677/12239/92/">Read more</a>.</td> </tr> <tr> <td>&nbsp;</p> <p><strong>How Law Firms Who Pivot Will Continue to Profit</strong></td> </tr> <tr> <td>What do lawyers do? They counsel, they advocate. They make things happen. But how do they do this, profitably, in an era of upheaval and disruption? The firms that embrace change and embrace emerging technologies will prosper as those that cling to old ways, or rely on rate increases to remain profitable, will falter. <a href="http://lists.cobar.org/t/118031/10967677/12240/93/">Read more</a>.</td> </tr> <tr> <td>&nbsp;</p> <p><strong>Should Lawyers Consider Using ‘Burner’ Devices When Traveling Out of the Country?</strong></td> </tr> <tr> <td>Lawyers who travel out of the United States have to consider whether they are risking disclosure of confidential client information. <a href="http://lists.cobar.org/t/118031/10967677/12241/94/">Read more</a>.</p> <p>&nbsp;</td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/iGMUUza2-Wc" height="1" width="1" alt=""/> http://soloincolo.com/septembers-best-blogs-2/feed 0 http://soloincolo.com/septembers-best-blogs-2 2017-09-29 15:01 +00:00 2017-09-29 09:01 -06:00 http://soloincolo.com/?p=4044 http://feedproxy.google.com/~r/SoloInColo/~3/5lxC4DOrUB0/october-solo-small-firm-networking-events Networking October Solo Small Firm Networking Events Solo Small Firm Section networking meetings are a great opportunity to connect with your peers, as well as a practice management and technology discussion forum. The meetings are open to all CBA members, not just Solo Small Firm Section members, the sponsoring entity. Colorado Springs routinely offers CLE credits, although sometimes there is no formal agenda, [&#8230;] Wed, 27 Sep 2017 17:53:43 Z http://soloincolo.com/october-solo-small-firm-networking-events#respond Alexa Drago <p></p><p>Solo Small Firm Section networking meetings are a great opportunity to connect with your peers, as well as a practice management and technology discussion forum. The meetings are open to all CBA members, not just Solo Small Firm Section members, the sponsoring entity. Colorado Springs routinely offers CLE credits, although sometimes there is no formal agenda, and no RSVP is required to attend any of the meetings.</p> <p>We encourage you to think about and prepare questions or ideas to present to the group. Don’t hesitate to e-mail a meeting coordinator to suggest a CLE topic and/or speaker! <a href="http://www.cobar.org/For-Members/CBA-Sections/Solo-Small-Firm-Practice">Click here</a> for more information.</p> <p>Solo Small Firm Section networking meetings are a great opportunity to connect with your peers, as well as a practice management and technology discussion forum. The meetings are open to all CBA members, not just Solo Small Firm Section members, the sponsoring entity. Colorado Springs routinely offers CLE credits, although sometimes there is no formal agenda, and no RSVP is required to attend any of the meetings.</p> <p>We encourage you to think about and prepare questions or ideas to present to the group. Don’t hesitate to e-mail a meeting coordinator to suggest a CLE topic and/or speaker! <a href="http://www.cobar.org/For-Members/CBA-Sections/Solo-Small-Firm-Practice">Click here</a> for more information.</p> <p><strong>Downtown Denver – Tuesday, Oct. 3<br /> </strong><em>Breakfast at 7:30 am (reservation in the name of D.A. Bertram). Topic: Professional Vignettes<br /> </em></p> <ul> <li><strong>1884 Restaurant (2nd Floor) inside the Denver Athletic Club, </strong>1325 Glenarm Place, Denver, (303) 534-1211</li> <li><strong>Contact:</strong> D.A. Bertram, (303) 871-9300, <a href="mailto:da@bertramlaw.net">da@bertramlaw.net</a></li> <li><em>First Tuesday of every month<br /> </em></li> </ul> <p><strong>Colorado Springs – Wednesday, Oct. 4<br /> </strong><em>Lunch at 11:30 a.m. — Topic: Mentoring a Professional Identity for Modern Lawyers, presented by J. Ryann Peyton from CAMP. 1 general CLE.<br /> </em></p> <ul> <li><span id="subPage3496"><strong>Jack Quinn’s Irish Pub, upstairs, </strong>21 S. Tejon, Colorado Springs, (719) 385-0766</span></li> <li><strong>RSVP to <a href="mailto:info@stasiukfirm.com">info@stasiukfirm.com </a></strong>for the program materials.</li> <li><strong>Contact:</strong> <span id="subPage3496">Tomasz Stasiuk, (719) 359-9311, <a href="mailto:JCD@DuveLaw.com">tomasz@stasiukfirm.com</a></span></li> <li><em>First Wednesday of every month</em></li> </ul> <p><strong>Continental Divide Area — Tuesday, Oct. 10</strong><br /> <em>Happy Hour at 5:30 pm</em></p> <ul> <li><span id="subPage3496"><strong>Location changes each month, contact Sandra for details</strong><br /> </span></li> <li><strong>Contact:</strong> Sandra Nettleton, (720) 232-0367, <a href="mailto:sandra@nettletonlaw.com">sandra@nettletonlaw.com</a></li> </ul> <p><strong>Downtown Denver – Tuesday, Oct. 10<br /> </strong><em>Happy Hour at 6 p.m.</em></p> <ul> <li><span id="subPage3496"></span><span id="subPage3496"><strong>Guard and Grace, </strong>1801 California St, Denver</span><span id="subPage3496"><strong><br /> </strong></span></li> <li><strong>Contact: </strong>Silke Popp, (720) 316-5247, <a href="mailto:silke@promuslegal.com">silke@promuslegal.com</a> or Marie Williams, (303) 974-6687, <a href="mailto:marie@coloappeals.com">marie@coloappeals.com</a></li> <li><em>Second Tuesday of every month, venue changes for each meeting<br /> </em></li> </ul> <p><strong>Denver Tech Center Area<em>—</em>Wednesday, Oct. 11<br /> </strong><em>Happy Hour at 5:30 pm</em><strong><span id="subPage3496"></span><br /> </strong></p> <ul> <li><span id="subPage3496"><strong>Bar Louie, </strong>8000 E. Belleview Ave, Greenwood Village, (720) 213-7080</span><span id="subPage3496"></span></li> <li><strong>Contact:</strong> <span id="subPage3496">Dave Sprecace, (303) 454-8260, <a href="mailto:dave@mytaxlex.com">dave@mytaxlex.com</a><br /> </span></li> <li><em>Second Wednesday of every month</em></li> </ul> <p><strong>West Denver Metro Area (Jeffco) – Wednesday, Oct. 11<br /> </strong><em>Breakfast at 7:30 am</em></p> <ul> <li><strong>Mimi’s Café, </strong>14265 West Colfax Ave., Golden, 303-384-9350.</li> <li><strong>Contact:</strong> Sarah L. Hostetter, (303) 274-2700, <a href="mailto:slhostetter@qwestoffice.net">slhostetter@qwestoffice.net</a></li> <li><em>Second Wednesday of every month</em></li> </ul> <p><span id="subPage3496"><strong>North Metro Area – Thursday, Oct. 12<br /> </strong><em>Happy Hour at 6 pm</em></span></p> <ul> <li><strong>LODO’s Bar &amp; Grill </strong>3053 W 104th Ave, Westminster, (303)635-8025.</li> <li><strong>Contact</strong>: Aileen Law, (303) 252-8800, <a href="mailto:aileen@oppedahl.com">aileen@oppedahl.com</a></li> <li><em>Second Thursday of every month</em></li> </ul> <p><strong>Westminster<em>—</em>Friday, Oct. 13<br /> </strong><em>B</em><em>reakfast </em><em>at 7:30 am</em><strong><br /> </strong></p> <ul> <li><strong>The Delectable Egg (reservation under Lauren da Cunha)</strong><span id="subPage3496"><strong>, </strong>1005 W. 120th Ave, Westminster, (303) 451-7227<br /> </span></li> <li><strong>Contact:</strong> Rachel Sheikh<span id="subPage3496">, (720) 551-2219, <a href="mailto:rachelbsheikh@gmail.com">rachelbsheikh@gmail.com</a></span></li> <li><em>Second Tuesday of every month</em></li> </ul> <p><strong>Boulder<em>—</em>Tuesday, Oct. 17<br /> </strong><em>Lunch at noon</em> (Reservation in the name of Graham Fuller, please RSVP to Graham so he can get an accurate headcount)<strong><br /> </strong></p> <ul> <li><span id="subPage3496"><strong>Carelli&#8217;s of Boulder, </strong>645 30th St., Boulder, (303) 938-9300</span><span id="subPage3496"></span></li> <li><strong>Contact:</strong> Graham Fuller, (303) 442-0802, <a href="mailto:graham@southboulderlaw.com">graham@southboulderlaw.com</a></li> <li><em>Third Tuesday of every month</em></li> </ul> <p><strong>Cherry Creek/Glendale</strong><span id="subPage3496"><strong> – Friday, NOV. 17<br /> </strong><em>Brown Bag Lunch at 12 pm.</em> Topic: <em>TBD</em><strong><em><br /> </em></strong></span></p> <ul> <li><strong>The Ptarmigan Building </strong>, 3773 Chery Creek North Drive, Ste 575, Denver</li> <li><strong>Contact</strong>: Amy Symons, amy@symons-law.com</li> <li><em>Third Friday quarterly, location may change</em></li> </ul> <p><strong>W.O.L.F. Pack (Women Owned Law Firms) – DEC. 6 &#8211; Discussion Topic: TBD<br /> </strong></p> <p>Quarterly networking events for women who own (or are thinking about starting) their own law firms. Meetings are held on Wednesdays from 5:30 to 7:30 p.m. at The <a href="http://www.thedenvertearoom.com/">Denver Tea Room</a>, 1165 South Broadway, Denver, CO 80210. Tickets are $25 per person (plus a handling fee), which include delicious teas, petite sweets and savories, tax and tip. Cash bar. Space is limited, please <a href="https://www.eventbrite.com/e/wolf-women-owned-law-firm-networking-group-tickets-27763941697">purchase your ticket in advance.</a> Select WOLF Pack Tea Salon. This event is non-refundable and non-transferable. If you have special dietary needs such as gluten-free or vegetarian meals, please contact the owner and chef, Margo Seymour, directly at (303) 321-2236.</p> <p>Questions about W.O.L.F. Pack events? Contact Kimberly Utesch at (720) 907-4491 or <a href="mailto:kim@uteschlaw.com">kim@uteschlaw.com</a></p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/5lxC4DOrUB0" height="1" width="1" alt=""/> http://soloincolo.com/october-solo-small-firm-networking-events/feed 0 http://soloincolo.com/october-solo-small-firm-networking-events 2017-09-27 17:53 +00:00 2017-09-27 11:53 -06:00 http://soloincolo.com/?p=4031 http://feedproxy.google.com/~r/SoloInColo/~3/adZ1qon_i7I/files-safe-ransomware-test Technology Are Your Files Safe from Ransomware? Test Them! By Doug Striker If only the masterminds behind ransomware attacks and other malicious cyberattacks would put their energy into world peace. I think we’d have that nut cracked in about six weeks. But sadly, the bad guys continue to use their techie talents to steal and disrupt. And law firm security measures don&#8217;t seem to [&#8230;] Mon, 25 Sep 2017 14:53:47 Z http://soloincolo.com/files-safe-ransomware-test#respond Alexa Drago <p></p><p>By Doug Striker</p> <p>If only the masterminds behind ransomware attacks and other malicious cyberattacks would put their energy into world peace. I think we’d have that nut cracked in about six weeks. But sadly, the bad guys continue to use their techie talents to steal and disrupt. And law firm security measures don&#8217;t seem to be holding up under the test!</p> <p>Did you read the article about the <a href="http://www.cbc.ca/news/canada/calgary/university-calgary-ransomware-cyberattack-1.3620979">University of Calgary’s experience with ransomware</a>? At a time when the University was hosting academic faculty and researchers from across Canada, their email systems were completely shut down and they lost access to many of their files.  Everything was on lock-down.</p> <p>Then they received a ransom note.</p> <p>The University of Calgary was told that they needed to pay a sum of $20,000 and the attackers would give them a “key” to unlock all of their systems.</p> <p>The University’s press release stated:</p> <p style="padding-left: 30px;">“<em>A ransomware attack involves an unknown cyberattacker locking or encrypting computers or computer networks until a ransom is paid, and when it is, keys, or methods of decryption, are provided.</em>”</p> <p>They also said,</p> <p style="padding-left: 30px;">“<em>The university is now in the process of assessing and evaluating the decryption keys. The actual process of decryption is time-consuming and must be performed with care. It is important to note that decryption keys do not automatically restore all systems or guarantee the recovery of all data. A great deal of work is still required by IT to ensure all affected systems are operational again, and this process will take time.</em>”</p> <p>Can you even imagine? Not only were they attacked and they paid the ransom, but the decryption keys aren’t like magical buttons that restore everything instantly to the way they were.</p> <p>Of course, when something like this happens, those of us in charge of law firm security always think, “Could it happen to me?” We spend about 48 hours talking about it, worrying about it and assessing and tinkering with our security measures, but then we move on with our priorities. But do those efforts really tell you if your systems will work against a law firm cyber attack? Maybe you’re thinking, “There’s no way to know until it happens.”</p> <p>That’s not true. You can actually test your system’s ability to thwart cyberattacks.</p> <p><strong><u>One Firm’s Ransomware Test Results</u></strong></p> <p>I’m going to share one firm’s results using the <a href="http://www.savvytraining.com/security-training">free ransomware simulator tool</a> offered by KnowBe4. However, I’m going to keep the firm anonymous; why risk more exposure to cybercriminals?</p> <p>I will call the IT manager at this firm “Dave.” He said that his firm faces ransomware and phishing attacks every day! Every single day, he must assure that his security systems are thwarting cybercriminals who are using every trick and hack they can imagine to attack into his firm. Their quest? To get their hands on the firm’s sensitive materials, client documents, personnel files – anything that they can exploit to their advantage.</p> <p>Dave says that he employs a hardware firewall and malware/antivirus software in his defenses. He decided to use the KnowBe4 ransomware test against his defenses and see what he learned. Luckily, he learned a lot.</p> <p>After running the test, he received the following report:</p> <p><a href="http://soloincolo.com/wp-content/uploads/2017/09/test.jpg"><img class="alignleft wp-image-4032" src="http://soloincolo.com/wp-content/uploads/2017/09/test-300x219.jpg" alt="" width="471" height="314" /></a></p> <p>&nbsp;</p> <p>Overall, it was good news! Dave’s security measures are working well against three types of Ransomware scenarios:</p> <ul> <li>Replacer: Replaces the content of the original files. A real ransomware would show a message that fools users into thinking they can recover them.</li> <li>StrongCryptor: Encrypts files using strong encryption and safely deletes the original files.</li> <li>StrongCryptorFast: Encrypts files using strong encryption and deletes the original files.</li> </ul> <p>However, the simulator found 5857 vulnerable files and Dave discovered that his security system is vulnerable to two types of attacks:</p> <ul> <li>StrongCryptorNet: Encrypts files using strong encryption and deletes the original files. It also simulates sending the encryption key to a server using an HTTP connection.</li> <li>WeakCryptor: Encrypts files using weak encryption and deletes the original files.</li> </ul> <p>Dave saw these results and said, “It appears we are more vulnerable to the less complex threats.”</p> <p>As a result of this test, Dave said he plans to conduct “thorough penetration testing in early 2017.”</p> <p>Dave also said that, as part of his security enhancements in 2017, he’s going to train his firm’s employees to recognize phishing scams that can open doors for cyberhackers (and their ransomware). (More on this topic in my next blog for SoloInColo.)</p> <p>If you’re in charge of your firm’s security and you haven’t yet tested the strength of your systems, you can bet someone else will test them for you… with bad intentions. Arm yourself with more information about your vulnerabilities so that you know where to put your precious resources in defense of your firm’s valuable client information.</p> <p>&nbsp;</p> <p><strong><em>Doug Striker</em></strong><em> is Chief Executive Officer (CEO) of </em><a href="http://www.savvytraining.com/"><em>Savvy Training &amp; Consulting</em></a><em>, a provider of legal software training solutions. As a former Chief Operating Officer of a prominent law firm, he specializes in helping firms acquire the software platforms they need, training staff for maximum workflow efficiency, and enhancing continuity and bottom-line results.  </em></p> <p>&nbsp;</p> <p>&nbsp;</p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/adZ1qon_i7I" height="1" width="1" alt=""/> http://soloincolo.com/files-safe-ransomware-test/feed 0 http://soloincolo.com/files-safe-ransomware-test 2017-09-25 14:53 +00:00 2017-09-25 08:53 -06:00 http://soloincolo.com/?p=4039 http://feedproxy.google.com/~r/SoloInColo/~3/5_MGmLs0CHE/solo-not-alone-consulting-lawyers-professionals-starting-firm Practice Management Solo Not Alone: Consulting Lawyers and Other Professionals When Starting Your Own Firm By Damian J. Arguello There is an old adage that virtually every lawyer has heard: A lawyer who represents himself or herself has a fool for a client. This can be especially applicable when a lawyer decides to open up his or her own practice. There are a multitude of steps that any new business [&#8230;] Thu, 21 Sep 2017 14:09:08 Z http://soloincolo.com/solo-not-alone-consulting-lawyers-professionals-starting-firm#respond Alexa Drago <p></p><p class="heading">By Damian J. Arguello</p> <p>There is an old adage that virtually every lawyer has heard: A lawyer who represents himself or herself has a fool for a client. This can be especially applicable when a lawyer decides to open up his or her own practice.</p> <p>There are a multitude of steps that any new business owner must take to be successful. From securing financing to organizing the corporate entity to writing a thorough business plan, starting a new law firm warrants a mountain of administrative work. Because one of the main focal points is to control costs, it is tempting to try to save money by performing as much of the administrative work yourself as you can.</p> <p><a href="http://soloincolo.com/wp-content/uploads/2017/09/yea.jpg"><img class="alignleft size-medium wp-image-4040" src="http://soloincolo.com/wp-content/uploads/2017/09/yea-300x192.jpg" alt="" width="300" height="192" srcset="http://soloincolo.com/wp-content/uploads/2017/09/yea-300x192.jpg 300w, http://soloincolo.com/wp-content/uploads/2017/09/yea.jpg 599w" sizes="(max-width: 300px) 100vw, 300px" /></a>Lawyers are typically fast learners. Thus, lawyers starting their own practice often try to perform as much of the administrative work as they can themselves, especially if they are tech savvy. Lawyers are, after all, naturally adept at problem-solving.</p> <p>As lawyers, we tend to think that we can learn any area of the law quickly and that we don’t need to hire lawyers to provide legal advice for our own startup practices. That’s an incorrect assumption, however. The hidden traps that a lawyer can run into can be fatal to a new practice.</p> <p>For example, I found that it pays to hire lawyers in certain practice areas to provide much-needed advice early on. Just as you would advise a client starting a new business to seek legal advice in areas affecting that business, I found that it was worthwhile to have the same kind of advice myself.</p> <p>I decided to operate my new practice under a trade name instead of under my own name. I knew that practicing under a trade name was something traditionally frowned upon or, in some cases, prohibited. However, I was aware of the fact that using trade names for a legal practice had recently become permissible in Colorado and certain other states. I had also heard such trade names for a variety of law firms on radio commercials. It occurred to me that my practice might be more successful if it used a trade name, as some find my surname difficult to pronounce and much of my previous practice had been out of state.</p> <p>Still, I knew that there were ethical issues involved in practicing under a trade name. Accordingly, I did a little research concerning the Colorado Rules of Professional Conduct to educate myself about these issues. I felt that I was on reasonably solid ground to use the trade name that I had chosen.</p> <p>I had also worked with a graphic designer to create a logo and brand style for my new law firm. Afterward, I was uncertain about whether the combination of the trade name and logo would be confusing for prospective clients. My research had indicated that Colo. RPC 7.5 allowed a lawyer to use a trade name in private practice if that name “does not imply a connection with a government agency or with a public or charitable legal services organization and is not otherwise in violation of Rule 7.1.”</p> <p>So, I decided to consult an attorney whom I knew had previously practiced in the Colorado Supreme Court Office of Attorney Regulation Counsel. That was a very smart move.</p> <p>My ethics lawyer confirmed my conclusion that the trade name I had chosen was generally acceptable under the Rules of Professional Conduct. However, she, too, shared my concern that the combination of my trade name and logo could be challenged as potentially confusing to clients. Therefore, she recommended that I include a tagline disclaimer under my logo and trade name to clarify that my practice was a private law firm — not a governmental agency or nonprofit organization. While she felt that any complaints to Attorney Regulation Counsel about my trade name and logo without the tagline disclaimer would be unsuccessful, she believed such complaints would be more defensible if we used the tagline.</p> <p>My ethics lawyer also informed me that many challenges to trade names that the Office of Attorney Regulation Counsel fields come from competitors in the same practice area. Thus, she felt that any complaints to Attorney Regulation Counsel could be handled by having a letter from her opining that the trade name and logo combination with the tagline complied with the Rules of Professional Conduct.</p> <p>She also gave me another piece of great advice: Confer with intellectual property counsel. Her reasoning was twofold: First, this would confirm that we were not infringing on any trademarks or other intellectual property rights with the logo that I had chosen for the firm; and second, this would help us take the proper measures to prevent someone else from infringing upon our own intellectual property rights.</p> <p>While I was conversant in the Rules of Professional Conduct, I knew very little about intellectual property law. I reached out to an intellectual property attorney who had garnered solid endorsements from a number of people posting on the CBA’s Solo Small Firm Section Listserv. That attorney was able to confirm that we were not infringing on any existing trademarks with our logo. He was also able to help me seek protection for my firm’s logo and slogan from the United States Patent and Trademark Office. We also registered the logo and slogan with the Colorado Secretary of State’s office.</p> <p>Beyond hiring attorneys, I also learned that it makes good business and financial sense to hire other qualified professionals as well. For example, I hired an accountant, a bookkeeper, a marketing consultant, a website developer/administrator and a graphic designer. While I am perfectly capable of doing certain kinds of administrative work, such as entering transactions into QuickBooks, I have found that it is easy to get bogged down in these administrative tasks, leaving you fewer hours to perform the crucial duties of serving clients, marketing the practice and spending quality time with those you care about the most.</p> <p>I have also learned that, as with virtually any business or legal project, you secure better results through teamwork. Having a team of associated professionals working to make your practice successful not only increases the odds of success, it also helps alleviate some of the loneliness and isolation that solo practitioners (and lawyers in general) can experience.</p> <p>Going solo doesn’t mean doing it alone. I’ve found that strategically getting help from lawyers and other professionals really pays off, especially in the peace-of-mind currency.</p> <p>&nbsp;</p> <p><em>Damian J. Arguello is the founder and principal of Colorado Insurance Law Center, a private law firm dedicated to representing business and individual policyholders. He is a former claims adjuster and claims manager. Previously, he was a partner at Davis Graham &amp; Stubbs LLP and of counsel to Levin Sitcoff PC. He can be reached at <a href="mailto:damian@coloradoinsurancelawcenter.com">damian@coloradoinsurancelawcenter.com</a>. This post originally appeared in <a href="http://www.dbadocket.org/the-business-of-law/solo-not-alone-arguello/">The Docket</a>.</em></p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/5_MGmLs0CHE" height="1" width="1" alt=""/> http://soloincolo.com/solo-not-alone-consulting-lawyers-professionals-starting-firm/feed 0 http://soloincolo.com/solo-not-alone-consulting-lawyers-professionals-starting-firm 2017-09-21 14:09 +00:00 2017-09-21 08:09 -06:00 http://soloincolo.com/?p=4024 http://feedproxy.google.com/~r/SoloInColo/~3/qngbw4i_gA0/reasons-revisit-revise-business-plan Practice Management Reasons to Revisit and Revise Your Business Plan A common misconception about business plans is that once they are written they cannot (and should not) be revised, edited, or changed in any way. In reality, business plans are documents that should be written and then revised as needed as a business grows and evolves. It’s practically impossible to compose a business plan and [&#8230;] Tue, 19 Sep 2017 14:47:31 Z http://soloincolo.com/reasons-revisit-revise-business-plan#respond Melanie Fischer <p></p><p><a href="http://soloincolo.com/wp-content/uploads/2014/11/shutterstock_151933886-640x423.jpg"><img class="alignleft wp-image-2401" src="http://soloincolo.com/wp-content/uploads/2014/11/shutterstock_151933886-640x423-300x198.jpg" alt="" width="237" height="149" /></a>A common misconception about business plans is that once they are written they cannot (and should not) be revised, edited, or changed in any way. In reality, business plans are documents that should be written and then revised as needed as a business grows and evolves.</p> <p>It’s practically impossible to compose a business plan and expect it to remain completely pertinent several years later. In fact, a business plan can become outdated in as little as a few weeks or months.</p> <p>A solo law practice is no different from any other type of small business. A business plan is not only useful, but it’s essential for helping your law practice stay on-track. A business plan is more than just words on a piece of paper. It’s a guide and a point of reference that can and should be used to help you make professional choices that will benefit your business.</p> <p>A written business plan can help you set goals and measure success. When information is put in writing, it’s memorialized, which will help you remain committed to the plan’s stated objectives.</p> <p><strong>Here are a few specific reasons to revisit and revise your business plan the entire time you are practicing law as a solo attorney:</strong></p> <p><strong>Setting Goals.</strong> Without putting your ambitions as a solo attorney and small business owner into a business plan, how will you know when you’ve met your original goals? As an attorney, you might want to gain a certain number of new clients by a certain date. Having this type of goal written into your business plan will help motivate you to reach milestones.</p> <p><strong>Making Adjustments.</strong> Reviewing your business plan on a regular basis helps you pinpoint areas in which you should adjust your plan of operations. If a goal written into your business plan is proving to be unattainable, adjusting the plan can help you realize a more successful professional future.</p> <p><strong>Determining Your Target Market. </strong>Over the course of time, your professional focus might change. If this is the case, your target market will inevitably adjust as well. Being able to accurately identify your target market will help you develop a more successful marketing strategy. Describing your target market in your business plan can help you recognize prospective clients more accurately.</p> <p><strong>Measuring Success.</strong> A business plan is supposed to help you reach professional and financial success. Your plan can be used as a motivational tool to help you identify accomplishments.  When success is achieved, your business plan should be revised to inspire you to reach additional goals that you may have never thought possible.</p> <p>It can be helpful to schedule a specific date to revisit and revise your business plan. Some people like to review their plan at the beginning of each new year. Others like to review their plan at the end of each quarter. No matter what review calendar you select, you can be sure that the process of examining your business plan will inspire you to focus on changes that will help you attain a greater level of accomplishment.</p> <p>&nbsp;</p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/qngbw4i_gA0" height="1" width="1" alt=""/> http://soloincolo.com/reasons-revisit-revise-business-plan/feed 0 http://soloincolo.com/reasons-revisit-revise-business-plan 2017-09-19 14:47 +00:00 2017-09-19 08:47 -06:00 http://soloincolo.com/?p=4028 http://feedproxy.google.com/~r/SoloInColo/~3/O9-g3T0gltg/casemaker-tips-tricks-september Casemaker Tips and Tricks Casemaker Tips and Tricks for September Each month we will be bringing you a few tips and tricks for making your research with Casemaker that much more efficient. This month — archived session laws, saving searches, emailing documents, and more.  For more Casemaker tips and tricks follow them on Facebook, Twitter, and via the Casemaker blog. More Archives Casemaker offers Archived versions of not [&#8230;] Thu, 14 Sep 2017 14:50:12 Z http://soloincolo.com/casemaker-tips-tricks-september#respond Alexa Drago <p></p><p><a href="http://soloincolo.com/wp-content/uploads/2016/04/Casemaker-logo.jpg"><img class="alignleft size-full wp-image-3246" src="http://soloincolo.com/wp-content/uploads/2016/04/Casemaker-logo.jpg" alt="" width="290" height="70" /></a>Each month we will be bringing you a few tips and tricks for making your research with Casemaker that much more efficient. This month — archived session laws, saving searches, emailing documents, and more.  For more Casemaker tips and tricks follow them on <a href="https://www.facebook.com/casemakerlegal">Facebook</a>, <a href="https://twitter.com/casemakerlegal">Twitter</a>, and via the <a href="http://blog.casemakerlegal.com/">Casemaker blog</a>.</p> <p><strong><em>More Archives</em></strong></p> <p>Casemaker offers Archived versions of not just Statutes but also Administrative Codes, Session Laws, and Court Rules. Our archives are always expanding and we expect to bring you more material to help your practice.</p> <p><strong><em>Casemaker Features</em></strong></p> <p>On the toolbar above the list of states on the homepage, you will find the Features link. The Features link (formerly Tools) gives you access to CasemakerDigest and Citecheck, descriptions of our additional services as well as information about what Casemaker covers. You also can find information about our partners and what services they offer. If you are unfamiliar with Casemaker the Features link is a great place to get an idea of all you can do with the service.</p> <p><strong><em>Using proximity search.</em></strong></p> <p>If you type in the word tax and the word annuity in the search bar Casemaker will pull up every document that has the word tax and the word annuity in it. Sadly that may not be what you are looking for. Proximity searches are great for getting closer to the issue. When using Casemaker w/ means “within” so w/5 would mean within five words. So for example, if you wanted to find cases where the word tax was mentioned near the word annuity you could enter tax w/5 annuity. If you wanted to find tax mentioned a bit further from annuity you could try tax w/25 annuity.<br /> <strong><em><br /> Using the asterisk * or suffix search</em></strong></p> <p>Using the asterisk tells the Casemaker system to find documents which have the characters before the asterisk but any ending. So drill* will pull up documents with driller, drilling, drilled and so on.</p> <p><strong><em>Setting the search</em></strong></p> <p>Below the search bar are a number of radio buttons you can use to select the type of search you are doing. The system will default to a keyword search. If you are searching for a case and know the citation then select the citation option. If you only have the name of one of the parties, the party button is the option you want. If you are typing in a statute cite then make sure to select section. Finally, if you are looking for an unpublished or slip opinion you can select docket number to search using that information.</p> <p><em><strong>You have History with Casemaker</strong></em></p> <p>Perhaps you have found yourself logged out of Casemaker. This is normal – to protect your privacy, Casemaker will log you out automatically after time has passed without any activity on your part. However, you may be concerned you won’t be able to get back to what you were doing. Don’t worry! Casemaker can help! Casemaker keeps a history of your activity as you search and browse. You can access this at any time by clicking the History link in the upper right corner of Casemaker. At the History link, you can view what you had worked with previously. The data is marked with a time stamp and if you were working with the Client function, you will see the tagged Client information as well. You can also delete content from the History screen if you wish by selecting one of the options from the drop-down menu.</p> <p><strong><em>Casemaker discounts with LegalResearch.com</em></strong></p> <p>Casemaker users get a 10% discount off expert research, writing and analysis solutions from Legalresearch.com with code 0717. Click on “Memos, Briefs, and Discovery” on the left side of the home page to get started.</p> <p>&nbsp;</p> <p>&nbsp;</p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/O9-g3T0gltg" height="1" width="1" alt=""/> http://soloincolo.com/casemaker-tips-tricks-september/feed 0 http://soloincolo.com/casemaker-tips-tricks-september 2017-09-14 14:50 +00:00 2017-09-14 08:50 -06:00 http://soloincolo.com/?p=4035 http://feedproxy.google.com/~r/SoloInColo/~3/07WbtJXPf7E/colorado-insurance-law-center-reminds-colorado-companies-consider-purchasing-business-income-insurance-survive-catastrophe Uncategorized Colorado Insurance Law Center Reminds Colorado Companies to Consider Purchasing Business Income Insurance to Survive Catastrophe By Damian J. Arguello Colorado is home to some of the most cutting edge and fastest-growing businesses in the nation. To keep their competitive edge, local business owners have made significant investments in real estate, people, processes, and equipment. The recent hailstorm in the Denver area, particularly the damage it caused to the Colorado Mills Mall [&#8230;] Tue, 12 Sep 2017 15:02:06 Z http://soloincolo.com/colorado-insurance-law-center-reminds-colorado-companies-consider-purchasing-business-income-insurance-survive-catastrophe#respond Alexa Drago <p></p><p class="responsiveNews">By Damian J. Arguello</p> <p class="responsiveNews"><a href="http://soloincolo.com/wp-content/uploads/2017/09/disaster.jpg"><img class="alignleft wp-image-4036" src="http://soloincolo.com/wp-content/uploads/2017/09/disaster-300x215.jpg" alt="" width="208" height="157" /></a>Colorado is home to some of the most cutting edge and fastest-growing businesses in the nation. To keep their competitive edge, local business owners have made significant investments in real estate, people, processes, and equipment. The recent hailstorm in the Denver area, particularly the damage it caused to the Colorado Mills Mall and the resulting shutdown of businesses there, provides a good reminder of the importance of having business income coverage to protect your Colorado business against a catastrophic loss.</p> <p class="responsiveNews">Losses due to natural disasters and storms in Colorado touch a variety of industries, including real estate management, construction, hospitality, food, retail, manufacturing, travel, energy, and technology. Commercial property insurance policies can, but do not automatically, include business income coverage and extra expense coverage (“BI/EE”), also known as “business interruption” or “time element” coverage.</p> <p class="responsiveNews">BI/EE coverage is designed to continue your business’ income and cover extra expenses incurred after a disruptive event. Business income coverage typically includes both the net income lost from the suspension of operations (due to property damage from a covered event) plus continuing normal operating expenses, such as rent and payroll. Extra expense coverage reimburses the additional expenses your business must incur to resume normal operations and ultimately get back to its pre-loss income levels.</p> <p class="responsiveNews">BI/EE coverage often specifies the time periods for which you can expect reimbursement. Alternatively, it may allow the insurer to reimburse you based on its determination of how long it should take your business to resume normal operations.</p> <p class="responsiveNews">While BI/EE coverage typically is triggered by damage to your own property, it can be tailored to cover you if you need to suspend operations because of damage to another business’ property. This is especially important if you are a key supplier, a customer, or a destination retail store located within a larger mall or shopping area. This could also be an issue if a governmental order or directive deprives your business of access to your premises in the event of an emergency such as a shooting or bomb threat.</p> <p class="responsiveNews">If your operations depend heavily on an uninterrupted supply of electricity, gas, phone, or internet service, BI/EE coverage can be designed to cover utility services interruptions, which are a common event during a storm or other severe event. For Colorado businesses that serve refrigerated foods and beverages, such as a restaurants and breweries, food spoilage will be a concern. The issue of interrupted utilities can also impact online clothing stores and parts businesses.</p> <p class="responsiveNews">It is crucial to work with your broker and insurance coverage legal counsel to ensure that your BI/EE coverage is tailored your unique operations. In assessing the best type and duration of BI/EE coverage for your business, consider the following:</p> <p class="responsiveNews">1.    Make sure your business is actually covered under the insurance policy you anticipate would be triggered in a loss and/or suspension of operations.</p> <p class="responsiveNews">2.    Be prepared to promptly notify your carrier that, in addition to property damage, your operations are suspended or diminished following a loss.</p> <p class="responsiveNews">3.    To avoid a costly and lengthy dispute with your insurer later, create and keep meticulous and contemporaneous records concerning your property and, when a covered event occurs, of the property damage suffered, the repair work needed, and the extra expenses incurred to keep your operations running.</p> <p class="responsiveNews">4.    Be aware of how certain exclusions and/or anti-concurrent causation clauses may affect your power outage or other add-on coverage, and of any applicable sublimit.</p> <p class="responsiveNews">5.    Be vigilant in monitoring your insurer’s BI/EE payments; confer with your broker or insurance coverage counsel if you notice or suspect any reduced, delayed, or withheld payments.</p> <p class="responsiveNews">6.    In a dispute over the value of your property and/or BI/EE claim(s), consult with coverage counsel before agreeing to the appraisal process under your policy; if you proceed, watch for conflicts of interest that might arise.</p> <p class="responsiveNews"> <p class="responsiveNews"><em>Damian J. Arguello is the founding partner of  the <a href="http://www.coloradoinsurancelawcenter.com/">Colorado Insurance Law Center (CILC)</a>.</em></p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/07WbtJXPf7E" height="1" width="1" alt=""/> http://soloincolo.com/colorado-insurance-law-center-reminds-colorado-companies-consider-purchasing-business-income-insurance-survive-catastrophe/feed 0 http://soloincolo.com/colorado-insurance-law-center-reminds-colorado-companies-consider-purchasing-business-income-insurance-survive-catastrophe 2017-09-12 15:02 +00:00 2017-09-12 09:02 -06:00 http://soloincolo.com/?p=4020 http://feedproxy.google.com/~r/SoloInColo/~3/PGWYnAv5bmM/one-law-firms-results-security-training Technology One Law Firm’s Results After Security Training By Doug Striker I’m writing this story about a law firm that recently launched security awareness training. I’m changing the names of the people and the firm to protect them from cyberattacks. Benjamin Stevenson, Director of Information Technology with Joseph &#38; Joseph, has noticed a trend: current and prospective clients are increasingly asking for proof [&#8230;] Thu, 07 Sep 2017 20:01:35 Z http://soloincolo.com/one-law-firms-results-security-training#respond Alexa Drago <p></p><p>By Doug Striker</p> <p>I’m writing this story about a law firm that recently launched security awareness training. I’m changing the names of the people and the firm to protect them from cyberattacks.</p> <p style="padding-left: 30px;"><em>Benjamin Stevenson, Director of Information Technology with Joseph &amp; Joseph, has noticed a trend: current and prospective clients are increasingly asking for proof of law firms’ security training and other prevention measures.</em></p> <p style="padding-left: 30px;"><em>“One prospective client’s RFP recently asked about participation rates among our attorneys and staff in our security training program,” says Stevenson. “They wanted to know how many people – what percentage – were actively taking our security awareness courses.”</em></p> <p style="padding-left: 30px;"><em>These client inquiries please Stevenson, who is constantly working to keep the firm safe from phishing scams, malware and ransomware.</em></p> <p style="padding-left: 30px;"><em>“Client demands will drive a culture shift at the firm and they give me ammo when I go chasing people who don’t complete the courses by the deadline,” says Stevenson. “Our firm’s success in recruiting and keeping clients hinges on our ability to assure them that their sensitive materials are safe with us.”</em></p> <p>Luckily, Joseph &amp; Joseph was ahead of this client-driven curve. Nearly two years ago, Stevenson began seeking a partner who could provide effective, ongoing security awareness training. Ultimately, he chose KnowBe4.</p> <p><a href="https://www.knowbe4.com/">KnowBe4</a> operates a popular integrated Security Awareness Training and Simulated Phishing platform. The system includes a series of trainings which are randomly followed by simulated phishing emails. The phishing templates are updated every day based on trends that KnowBe4 sees occurring in the real world. Clients use these templates to phish their own firm, learning who is vulnerable to scams and who needs training.</p> <p>In August 2016, Stevenso<a href="http://soloincolo.com/wp-content/uploads/2016/05/Cybersecurity01_Web.jpg"><img class="alignleft size-medium wp-image-3299" src="http://soloincolo.com/wp-content/uploads/2016/05/Cybersecurity01_Web-300x225.jpg" alt="" width="300" height="225" srcset="http://soloincolo.com/wp-content/uploads/2016/05/Cybersecurity01_Web-300x225.jpg 300w, http://soloincolo.com/wp-content/uploads/2016/05/Cybersecurity01_Web-768x576.jpg 768w, http://soloincolo.com/wp-content/uploads/2016/05/Cybersecurity01_Web-1024x768.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" /></a>n launched KnowBe4 firm-wide by taking the following steps:</p> <ul> <li><u>Introductory meetings</u>: Stevenson visited all of the firm’s offices and held required meetings (people could attend in person or view a recording later) in which he explained the program and why it was critical to firm success. He gave examples of security breaches at other firms and even some internal issues that they had already faced. He also explained the cost of security failures to the firm’s bottom line. Then he explained how KnowBe4 would work.</li> <li><u>Training modules</u>: Then, Stevenson launched the KnowBe4 training modules. Each participant was required to watch the 45-minute training, and then had a timeframe within which they had to watch several additional 15- to 20-minute videos.</li> <li><u>Phishing campaign</u>: After the deadline had passed, Stevenson launched the phishing simulation campaign using templates provided by KnowBe4.</li> </ul> <p>“I received lots of positive feedback on the training and the program itself,” says Stevenson. “It’s about as painless as online training can be.”</p> <p>He also says it’s been effective at raising awareness around the firm.</p> <p>“A lot of people were surprised; they didn’t know what they didn’t know!” he says. “The simulations opened lot of eyes. I was pleased at the number of people who reported suspected phishing. We had a 20% fail rate and now I know how to re-focus my training efforts for the next campaign.”</p> <p><em>(Update: Benjamin recently ran another campaign and achieved a 4% fail rate. Vast improvement. I will continue to update this story as the firm continues its trainings.)</em></p> <p>Benjamin also said that people are reporting more suspicious emails to him, helping to avoid potentially harmful and expensive security breaches.</p> <p>“Just last week, I had someone report a phishing attempt to me,” he recalls. “It looked like a Dropbox email from a client but, because he knew what to look for in the email itself, he thought it looked suspicious. He forwarded it to me and then called the client. Turns out the client’s account had been compromised and he didn’t send that email to us. We averted a security crisis.”</p> <p>The KnowBe4 program also includes marketing collateral, such as posters, for firms to use internally to keep security awareness at the top of people’s minds.</p> <p>Stevenson says the security trainings will be offered on an ongoing basis and he plans to launch simulator phishing campaigns twice a year.</p> <p>Do you think <em>everyone</em> in your firm knows how to recognize malicious emails? If not, then you have a security issue. Consider security awareness training to strengthen your firm’s front-line of defense: your employees.</p> <p>&nbsp;</p> <p><strong><em>Doug Striker</em></strong><em> is Chief Executive Officer (CEO) of </em><a href="http://www.savvytraining.com/"><em>Savvy Training &amp; Consulting</em></a><em>, a provider of legal software training solutions. As a former Chief Operating Officer of a prominent law firm, he specializes in helping firms acquire the software platforms they need, training staff for maximum workflow efficiency, and enhancing continuity and bottom-line results.  </em></p> <p>&nbsp;</p> <img src="http://feeds.feedburner.com/~r/SoloInColo/~4/PGWYnAv5bmM" height="1" width="1" alt=""/> http://soloincolo.com/one-law-firms-results-security-training/feed 0 http://soloincolo.com/one-law-firms-results-security-training 2017-09-07 20:01 +00:00 2017-09-07 14:01 -06:00