While many attorneys cringe at the thought of creating a budget, there are five important reasons why your law firm needs one, says…
BUDGET
Sample Budget Spreadsheet
February 22, 2019 by
Why you need this budget spreadsheet:
While many attorneys cringe at the thought of creating a budget, there are several important reasons why your law firm needs one, including helping you prepare for unexpected expenses.
CLIENT RELATIONS
How to use client exit surveys to improve service and increase revenue
February 15, 2019 by
Don’t close out a matter without measuring the client’s satisfaction.
Do that with a survey that covers everything from the legal services to the freshness of…
BILLING & COLLECTIONS
Louisiana firm sets up four sure-pay systems
February 8, 2019 by
A Louisiana firm has added a handful of measures to its billing and collections work that, while simple, have generated significant benefit…
INCREASING PROFITS
What’s overshadowing your partnerʼs big revenues?
February 8, 2019 by
Any firm can lose money to the very partners who are bringing in the most of it. That’s because…
RISK MANAGEMENT
The forgotten cause of malpractice claims is poor communication
February 1, 2019 by
A great yet often ignored cause of malpractice claims is nothing more than poor client communication…
INCREASING PROFITS
Cutting costs? What worked in 2008 won’t work today
January 4, 2019 by
When money is tight, firm administrators start rushing to make decisions to save the bottom line, perhaps relying on strategies that saw the firm through…
FINANCIAL MANAGEMENT
A guide to understanding financial data
December 31, 2018 by
Law practice owners, especially those operating smaller firms, tend not to be super-knowledgeable about…
MANAGING THE OFFICE
To-Dos: Your January checklist
December 31, 2018 by
Make a fresh start this year with a focused team, a financial plan, organized files, and a decluttered computer. Here are some tasks you can accomplish this month to help keep your office running smoothly and…
BILLING & COLLECTIONS
Traditional procedures bring in the most money
December 17, 2018 by
Getting paid or not getting paid to a great extent depends on the firm’s billing and collection guidelines – and whether they are…
