Discover how cloud storage and document assembly can help you and your staff run your office more efficiently and profitably with this half-day seminar on Thursday, Sept. 24, 2015. Practitioners with all levels of practice experience who attend this seminar will gain a better understanding of: the current state of cloud storage for electronic documents; the differences between do-it-yourself cloud storage (such as Dropbox) and document management systems (such as NetDocuments); how to use various document assembly programs to produce documents more efficiently by automating repetitive tasks; what “going paperless” really means and how you can get started; the State’s ethics opinions surrounding the management and storage of electronic data and the professional responsibility requirements for practitioners who use this technology; and much more!The program is presented by the ISBA Standing Committee on Legal Technology and qualifies for 4.0 hours MCLE credit, including 4.0 hours Professional Responsibility MCLE credit (subject to approval).Click here for more information and to register.

Asked and AnsweredBy John W. Olmstead, MBA, Ph.D, CMCQ. I am the managing partner of a 14 attorney estate planning firm in Lexington, Kentucky. We took a hard hit in 2008 during the recession and have just been recovering over the last couple of years. Business is up, but profits are still flat. We have not raised our hourly billing rates for several years for fear that we will not be competitive and will lose out on business. However, we believe that we must increase our billing rates and are concerned. What are your thoughts?A. I would bet you are leaving money on the table and you should in fact increase your billing rates. I often find law firms are more concerned about their rates than their clients are. You must remain competitive for the value package (including your experience, expertise, and reputation) that you are delivering. This does not mean being the cheapest estate planning firm in town. Some of my most successful estate planning firms are those charging the highest fees.Here are a few thoughts:

New regulations that take effect on October 3 will significantly alter common residential real estate closings and the practice of real estate attorneys. At a recent ISBA CLE seminar, Ralph Schumann, president of the Illinois Real Estate Lawyers Association (IRELA), referred to the coming changes as a "dramatic sea change" and notes that there "hasn't been anything this big in the past 40 years."The changes are being implemented by the federal Consumer Financial Protection Bureau (CFPB), which was created by the Dodd-Frank Act in the wake of the 2008 mortgage meltdown. They take the form of a program that is commonly referred to as TRID, an acronym for TILA-RESPA Integrated Disclosure. The new rules will apply to transactions involving mortgage loan applications submitted on or after October 3, 2015. Find out more in the September Illinois Bar Journal.

The Illinois State Bar Association’s Lawyer Finder Service provides referrals to local lawyers Mondays through Fridays. The Service makes referrals in a number of areas of law. For the month of August 2015, there were 794 calls and 806 areas of law. ISBA helped people in need of legal services find lawyers in the following areas:Here are the results for August 2015:806 phone referrals made by Lawyer Finder staffMost requested areas of law: Personal Injury (154), Family (140), Criminal Law (78), Real Estate (77), Employment Law (65), Civil Disputes (54) and Estate/Probate Law (37).20,026 visits to IllinoisLawyerFinder.com (17,703 unique visitors)Want to be part of the ISBA Lawyer Finder Service? Call (800) 252-8908 and ask for the Legal Department, or visit www.illinoislawyerfinder.comClients should call (800) 922-8757.