We wrapped up our Fall Summit earlier this month and we’re still energized from the whirlwind event. Here at the Academy, our bi-annual Summits are an institution of Membership benefits. Twice a year our Members are given the opportunity to surround themselves with like-minded entrepreneurial attorneys and take time to focus on their businesses. We […]

The new tax law doubled the amount that can be passed free of federal estate taxation, at least through 2025. In 2018, an individual can pass $11.18 million free from federal estate taxation. But, estate planning was never just about estate taxation. The core of estate planning has always been about protecting your loved ones and the assets you leave […]

As a leader in any organization, you are sure to have a certain amount of power. But, as the saying goes, “with great power comes great responsibility.” During a recent conversation with a friend of mine, this quote came up and he said something along the lines of “yeah, like a workload you can never […]

Prenuptial agreements are on the rise. Here‘s a Huffington Post article explaining this rise and the reasons behind it.  A prenuptial agreement is especially important when it‘s not the first marriage for either or both of the Members of the couple or where one or both of them have children from prior relationships. This is […]

Yes, there are many reasons why a business may fail. However, after more than 25 years coaching law firms around the nation, we can pretty confidently narrow it down to three main reasons we see law firms fail. Here’s the good news: all three of these pitfalls are entirely in your control and can be […]

Earlier this week, Facebook disclosed a security breach, the largest in the company’s history, which compromised 50 million accounts. With all of the recent cyberattacks in the news, it seems like the Internet has truly become the new wild, wild west. When considering the issue of Internet security for your law firm, you likely think […]

Aretha Franklin was known as the “Queen of Soul.” She was a singer, songwriter, civil rights activist, and so much more. Aretha was a great recording artist, with a career spanning many decades. She received honorary degrees from many prestigious universities, like NYU, Princeton, and Yale. She received the Presidential Medal of Freedom in 2005. […]

We often talk to firms who start out strong using Academy systems and their sequential steps, but over time they unknowingly eliminate important steps in those systems. Here at the Academy, we call this the “drift” effect. For us, drift means a gradual change in position or a gradual deviation from an original course, model, method, or intention. If […]

If you are accredited with the Veteran’s Administration, there’s an opportunity to act quickly to help some of your clients. Background: The VA offers a valuable benefit to wartime veterans, i.e., those who served even 1 day in a time of war (which is much of the last century), served at least 90 days in […]

More and more, Americans are choosing to travel overseas. Sometimes, when they travel for business or pleasure, it just whets their appetite. While there aren’t many reliable figures, in 1999 the State Department estimated that between 3 and 6 million Americans are living abroad. In 2016, they estimated 9 million Americans living abroad. Here’s an […]