Jan. 11, 2021 | Vol. 22, No. 2
 |  An e-Newsbrief from the Philadelphia Bar Association  | 

As recent events have shown us, a unified voice for the legal community is needed more than ever.

Chancellor New Year Message Video 2021

Happy New Year and welcome to 2021. I hope you had a safe and restful holiday season.

As the events in Washington, D.C. have shown us, while we have entered a new year, many of the challenges that we have grappled with throughout last year will continue to challenge us, including threats to the rule of law, the pandemic and the fight to eradicate racial injustice.

What has also been made clear is that our community matters now more than ever. As lawyers, it is our obligation to protect and preserve the rule of law, and to use our position to seek justice, to amplify the voices that might otherwise struggle to be heard. We can come together and speak as one and your membership in this Association allows us to do that.

While it is clear that we have a lot of hard work to do, both as a nation and as an Association, as Chancellor, I am excited about the year to come. We will continue to work to have courageous conversations surrounding racial injustice, equity and inclusion, and we will continue to talk about ways to promote this profession, to make Philadelphia a better place to live and work.

I ask that you join me in this effort. Please step up, in ways that you can, to assist the Association in its important work. We welcome your involvement.

I look forward to connecting with you in 2021, both in written messages and by video, to let you know how we are doing as an Association and our efforts to promote the legal profession. I want to thank you all for what you’ve done for this Association and I look forward to working with you in the year ahead. Happy New Year and stay safe. Thank you.

Join or Renew Today



News

Philadelphia Bar Association Condemns Violence at the U.S. Capitol

Lauren P. McKenna, Esq., Chancellor of the Philadelphia Bar Association, issued the following statement condemning the violence in Washington, D.C.…Read More

DEADLINE EXTENDED for potential judicial candidates for 2021

Potential judicial candidates for 2021 now have until FRIDAY, JANUARY 22, to submit evaluation materials to the Judicial Commission.…Read More

Check the Coronavirus Response page for updates as they develop.


Latest Updates

Re-Opening Task Force


Re-Opening Task Force has been created to provide a set of resources and best practices as law offices re-open their doors and work places after the shutdowns mandated by the pandemic. … Read More


Events


Family Law Section


Monday, January 11 at 12 p.m.

Join us for our first meeting of the year to hear from many of the domestic relations judges on their desired procedures and practices, with a particular emphasis on the current COVID-19 environment and its challenges. There will be an opportunity to ask questions and share feedback.…Register Here.

Wellness Wednesday


Wednesday, January 13 at 8 a.m.

The Wellness Committee is here for you during this period of great uncertainty and invites you to break up your week with a short, guided mindfulness meditation. Mindfulness can help to reduce stress, anxiety and depression. The session will be led by Courtney Schulnick, Esquire, who has completed both the Mindfulness Based Stress-Reduction (MBSR) teaching practicum and internship at Jefferson University’s Mindfulness Institute. Guided meditation will be followed by optional group sharing and processing. Feel free to bring your morning coffee, tea, or breakfast.…Register Here.

Chat and Chew with the Wellness Committee


Friday, January 15 at 12:30 p.m.

The Wellness Committee is happy to invite you to a weekly lunchtime "Chat and Chew" forum to enjoy your favorite home-made or take-out cuisine while we all discuss (or listen to) topics of interest, whether legal or non-legal.…Register Here.


Announcements


Discounts for Members


Benefits Page Image

Our colleagues, clients, and referral sources are now facing unprecedented disruption to their work and home lives. Philadelphia Bar Association benefits provide unique discounts and offers on products and services that you can use to help maintain business continuity in this challenging climate.

LRIS ad


Get Published in The Philadelphia Lawyer


The Editorial Board welcomes submissions from attorneys and other professionals, who are members of the Philadelphia Bar Association, who wish to share their expertise on law-related topics.

Accepting manuscripts in multiple genres: law-related articles & features, general interest, fiction, practice areas, essays or humor, and book reviews.

Articles must be original and previously unpublished.

As policy, we do not compensate our writers.

For more information, email Rachel Kipp at rkipp@philabar.org


Philadelphia Bar Foundation: Coronavirus Response


The Philadelphia Bar Foundation has been an anchor institution for civil legal aid for more than 50 years. We extend our thoughts and best wishes to colleagues, friends, and families who are being negatively affected by the virus and the current crisis. The disruption to business operations in the U.S. and the economic downturn created by the COVID-19 pandemic is having a significant and damaging impact on the Foundation's fundraising activities. We have taken immediate action in response to budget concerns, but we need your help. Please donate today to help us continue providing unrestricted funds and technical support to legal aid agencies on the frontlines of this crisis.


CLEs



Upcoming Philadelphia Bar Association CLE Courses

All CLE programming, until further notice, will be offered via webcastCLE video icon. For course offerings, dates, and times, please visit:

Philadelphia Bar Association Calendar List

Then, type "CLE" in the search box and hit "Go."

The Pennsylvania Supreme Court issued an order temporarily modifying Rule 108 of the Pennsylvania Rules of Continuing Legal Education to eliminate the six credit cap on CLE credits earned through distance learning with respect to credits needed to satisfy all 2020 compliance deadlines.


Full course calendar here.


Public Interest Events


  • On Thursday, January 14, Philadelphia VIP and Vanguard will host a 90 minute live-streamed Nonprofit Formation Training, via Zoom, beginning at 10 a.m. This volunteer training program is part of the Pro Bono Institute’s Financial Institution Pro Bono Day and is open to volunteers at all financial institutions in Philadelphia. Learn the nuts and bolts of nonprofit incorporation and 501(c)(3) filing. Attendees will be matched with a VIP nonprofit client in conjunction with the training. Register.
  • Monday, January 18, HIAS Pennsylvania will hold its annual Martin Luther King, Jr. Day of Advocacy, from 10AM to 1PM, over Zoom. During the event, participants will discuss the history of xenophobia in this country and how to take action against the policies currently in place, along with HIAS Pennsylvania's wish list for immigration in 2021. Learn more at hiaspa.org/event/mlk-day-with-hias-pa/. The event is free.
 

Philadelphia Bar Association Statement of Operations 2021

  2021 Budget

Revenue

 
Membership dues $1,685,000
Lawyer referral service 400,000
Publications - ALM Contract 100,000
Interest and dividends 60,000
Royalties 285,000
Affiliate Organizations: 65,000
Special Events 65,000
Law Practice Management  
Annual Sponsorship Program 75,000
CLE 250,000
Miscellaneous: 26,000
Total Revenue 3,011,000

Expenses

 
Program Services  
Lawyer Referral Service ($56,116)
Committee activities 0
Meeting services and special events: (65,000)
External Communications (94,907)
Affiliate Programs (VIP) (75,000)
Bar Association Legal Services Programs: (6,000)
General Services/Catering Administration: (129,171)
Executive (147,255)
Finance and Administration (48,426)
Technology (103,767)
YLD Program (22,500)
CLE (43,108)
Overhead (includes phones, internet & insurance) (135,989)
Rent (165,410)
Total program services (1,092,649)

Support Services

 
Employee salaries, benefits and taxes (2,002,615)
Stationery, postage and office expenses (15,100)
Total supportive services (2,017,715)


Total Expenses (3,110,364)
Change in Net Assets ($99,364)
USI logo

Cyber Liability Insurance - Checklist for Law Firms

article image With a significant portion of the current U.S. workforce having shifted to a remote environment, many businesses, law firms included, are finding that their employees may not return to the "actual office." This disruption has opened the doors for Cyber Criminals to do what they do best - mayhem. From phishing scams to social engineering scams - the remote environment makes business more vulnerable to these types of events and law firms have been a prime target. …Read More

Red Cave logo

Line Item: Do You Know Where Your Overhead Is?

Law firms tend to not track things well. That includes time and billing, where they regularly tend to leave hours on the table. But, it also extends to other parts of the practice. So, when was the last time you examined your budget?

Lawyers who know their overhead are empowered because they have a baseline idea of what they need to make to keep the lights on, and what they need to make over and above that to earn a comfortable living. Knowing those things means that the law firm can better forecast revenue and also set revenue goals, both of which are important to effective law firm management.

This all makes sense; but, the challenge lies in creating a current snapshot of the law firm budget. Many managing attorneys don’t track their expenses effectively, which means they never get an accurate sense of their overhead, which by extension means that their revenue projections are less likely to be accurate and the revenue goals are less likely to be realistic.

In a practical sense, this means that many law firms spend too much money. Since they’re not checking up on what they’re paying for, they are less likely to scrutinize budget items, so they can make changes if necessary. Is the law firm hanging onto outdated technology? Is there a marketing campaign that continues to run to little effect? Since most lawyers don’t continually ask and answer these questions, they’re not trimming their budgets in a consistent fashion, in order to keep their overhead numbers as low as possible.

Even something as simple as sticking to an annual budget review can help you save real money.

. . .

If you’re having trouble pruning your law firm budget, we can help.

The Philadelphia Bar Association now offers DISCOUNTED law practice management consulting services through Red Cave Law Firm Consulting. Click here, to access consulting services, and start running your law firm like a business.

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Philadelphia Bar Association, 1101 Market St., 11th Floor, Philadelphia, Pa. 19107, 215-238-6300.


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