The Business of the Practice of Law provides invaluable business advice to lawyers building a law practice and to anyone in business providing services to clients, intertwined with personal stories from the trenches.

The contemporary law practice has fundamentally changed. There has been a power shift from law firms to clients due to economic shifts, the impact of technology, and a leveling of information and metrics. Client focus, understanding, and service are more important than ever. It is clear that recent law graduates need to have an astute comprehension of business fundamentals and appreciation of the business drivers underpinning the practice of law. The Business of Contemporary Law Practices provides students—and practicing attorneys—a solid foundation for understanding, adapting to, and thriving in the world of private or in-house law practice. From business development to human resources to technological platforms, this book will simultaneously build a baseline business-world fluency and inform any reader of the various law firm and non-traditional legal environments many will find themselves in. Professors and students will benefit from: Historical backdrop and orientation to the modern context for the private practice of law Introductory business information including essential vocabulary and financial statement fundamentals An in-depth examination of private practice and in-house legal departments Discussion of emerging business models and technology Enough high-level information to gain an appreciation for unfamiliar subject matter with opportunities for more immersive experience in particular areas of professor expertise and student interest.

This coursebook addresses key topics in the evolving legal profession and the business of law. The book features chapters on the traditional law firm; the corporate client; the emergence of alternative legal services providers; legal technology; access to justice; employment and diversity in the legal profession; and legal education reform. Students will learn from detailed, insightful interviews of a broad range of legal industry professionals, including the general counsel of an international company; chief litigation officer of a Fortune100 company; director of knowledge management at a Biglaw firm; a legal innovator who founded a pioneering legal process outsourcing company; a legal industry consultant; and a legal tech startup CEO and co-founder. Interactive exercises and questions for reflection and discussion are included throughout the book. Read reviews of this title here.

"The Business of Practicing Law" is a frank discussion of the inner workings and cultural milieu of the modern American law firm. The author's keen insights into the business aspects of the practice of law will fill a void in the typical attorney's legal education. The material is presented in a crisp and readable style, blended with the pertinent personal experiences of two imaginary third-year law students, culminating in their interviews with a model fictional law firm and their ultimate career choices. Every attorney who is considering practice in a law firm--and even those who have already made that choice - will benefit from Mr. Koster's cogent observations, which are based on his 35 years of practice in a variety of legal settings. He manages to convey information in a unique manner that engages the reader, illuminates aspects of the private practice of law that may come as a surprise, and forces an introspective examination of an attorney's goals and compatibility with law firm life. This book is a "must read" for law students and law firm associates.

The Business Guide to Law covers, in great detail, the business aspects of creating a firm, and how best to spend your time growing your business.

The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.