Clients and even attorneys are often confused by “rollovers” and for good reason. So,  just exactly what does a “rollover” mean? A rollover is essentially moving the funds from one investment vehicle to another, from your 401(k) or ERISA plan to an IRA for example.  There are a number of reasons you might choose to […]

In a previous post (https://www.aaepa.com/blog/2010/03/11-essential-systems-6-continuity-revenue-stream), we mentioned the importance of knowing where your existing revenue comes from and using that to build a continuity revenue stream. Now, we’re going to expand on that idea and look at how to make that stream of revenue even bigger. While the majority of your revenue likely comes from […]

When you hear the word “airline” what comes to mind first? Great experience, service oriented, pleasure, no hassle? Probably not. Well let me tell you, I just had a WOW experience with US AIRWAYS. That’s right, awesome customer service, exceptional, timely and all outside of what their normal policy is- an exception to the RULES! Interesting, but when you make […]

In an interesting decision, the 9th Circuit U.S. Court of Appeals decided Marshall v. Stern.  The case is a good review of the complex interplay between federal and state law in matters concerning probate and bankruptcy.  Of course, the case is also interesting because of the notoriety of the individuals involved. Anna Nicole Smith married […]

If you’ve been reading our posts on the 11 Essential Systems, then you know that they all revolve around the idea of “working on the business” instead of in it, a philosophy we live by at the Academy. But for this particular system in our Essentials list, you’ll need to wear that technician hat that […]

Are you keeping in touch with your profitability? For many attorneys, the answer is surprisingly No. Not only are they unsure of the profit their firm generates but they have no real idea of how the money in their firm is spent.These attorneys tend to manage the firm out of their checkbook rather than through […]

Is your firm system dependent or people dependent? More importantly, do you know why it matters? A people-dependent firm relies solely on the skills and talents of the people performing the jobs in question. They may or may not have the tools and technology they need to do the job efficiently but that doesn’t really […]

Since the birth of MySpace, Corporate America has viewed social networking sites as an interruption to normal productivity… a distractive nuisance that must be contended with if you wanted to keep the workflow moving along. The solution of course, was to forbid employees from visiting these websites on company time, a policy that was enforced […]

There was a time when the preferred way to create documents was to use carbon paper. The sheets of carbon allowed you to create multiple copies of the same document at one time and it was considered the most advanced method of document production. Of course, anytime a mistake happened, the papers had to be […]

An Academy Member writes: “A woman and her amazing young adult children came for a consultation at the end of December. Her husband had passed away in October and she knew she needed to get her estate plan in order. It wasn’t a hurry, of course, just something she ought to take care of at […]