What Business Are YOU In?

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It is a truism that the law changes, but so too is the fact that lawyers have changed along with it. Until well into the post-World War II era, legal fees were based not only on time spent, but also the nature of the service, the result achieved and the amount at stake. Charging an appropriate legal fee was a matter of professional judgment for these "strategic lawyers." The strategic lawyer is the counselor, the type of generalist practitioner who used to be the standard of the legal profession.

Today, of course, many lawyers have often esoteric specialties, some right out of law school. Do lawyers need to focus on limited areas of practice to enhance our competencies and our credibility with clients? There is tremendous learning required to be competent in any given area of practice. Can one lawyer maintain his/her competence in many areas at the same time? Can one truly be a general practitioner in today's world, or must a firm be a group of specialists?

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ed Poll, LawBiz | Attorney Advertising

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