By Sue-Ella Prodonovich bio
How often are we told that the billable hour has had its day? That it’s archaic, that it’s inefficient, that it makes our clients angry and…
INSIGHT
Reports of the death of the billable hour are greatly exaggerated
September 15, 2017 by
RISK MANAGEMENT
Four bad financial habits that may increase your policy premiums and your malpractice risk
September 8, 2017 by
Ineffective billing and collections practices affect more than the bottom line. They ultimately may determine what the firm has to…
MANAGING THE OFFICE
To-Dos: Your September office checklist
September 4, 2017 by
Now that the summer is over and you’re facing the final quarter, it’s time to roll up your sleeves and get to work. Here are some important tasks you…
BILLINGS & COLLECTIONS
How are your billing and collecting processes?
August 25, 2017 by
6 best practices that fit the bill
Training some select clients to pay their bills on time might seem about as possible as…
INCREASING PROFITS
To see better profits, look harder at where money starts and ends
August 18, 2017 by
Profit doesn’t happen without a prod.
Particularly in a tight financial environment, a firm has to know where its money is coming in and…
BILLING & COLLECTIONS
Louisiana firm sets up four sure-pay systems
August 18, 2017 by
A Louisiana firm has added a handful of measures to its billing and collections work that, while simple, have generated significant benefit…
RECORDKEEPING
Use weekly financial reporting to keep partners aware of cash flow
August 11, 2017 by
A Vermont manager has found that running the financial reports weekly instead of monthly is an easy way for the partners to stay always aware and in control of what’s…
INSIGHT
Prioritizing a law firm’s management tasks
July 28, 2017 by
By Elizabeth M. Miller bio
What’s the most important task you have to tackle today? Do you have so many you can’t decide which to address first…
INSIGHT
Is your firm struggling with cash flow?
July 21, 2017 by
By Brenda Barnes bio
While revenue production is the core goal for every business, the real magic is in understanding and managing your cash cycle. You can’t execute without cash…
INCREASING PROFITS
The top five reasons firms lose money and go out of business
July 14, 2017 by
“Lawyers become lawyers because they want to help people and practice the art of law,” says Los Angeles financial consultant…
