For lawyers and law firms around the globe, affiliating with professional associations is common and sometimes regarded almost as a rite of passage in the field. These relationships, however, often don’t get evaluated for their actual worth. A crucial question that lawyers frequently neglect to consider is the tangible benefits derived from their memberships, specifically in the form of quality referrals and acquiring new clients.
An unchecked membership can potentially lead to a wasted investment, given lawyers need to be judicious about how their time and resources are dispensed. Engaging with professional associations should ideally provide attorneys with tangible leads or referrals. If this isn’t happening, a reassessment of the benefits of these associations may be necessary.
For a comprehensive evaluation of the subject, Law.com provides details into this frequently neglected area of the profession. Despite the long-standing tradition of bar association membership, it may be time for legal professionals to reassess the benefits and rebalance their investment, in terms of both financial and time resources.