An operational analysis is an in-depth analysis of the firms’s operations, or, put simply…
BILLINGS
15 ways to improve your billings and collections
March 15, 2019 by
It’s no secret that many clients don’t like to pay their legal bills, says collaborative divorce attorney Joryn Jenkins. And without having…
BILLING & COLLECTIONS
Notice to Client of Increase in Hourly Rate
March 15, 2019 by
Why you need this Model Notice to Client:
Clients should be notified in writing of any fee increases 30 days in advance. This
protects both the firm and the client. Informing your client of what to expect and
when to expect it will help your client prepare for the extra expense.
Model Billing Statement
March 15, 2019 by
Why you need this Model Billing Statement:
Many clients don’t like to pay their legal bills and without having measures in place to ensure payments, law firms can run into huge headaches. One best practice is to ensure that your billing statement clearly outlines what services your clients are receiving for their money.
BILLING & COLLECTIONS
Model Retainer Agreement
March 15, 2019 by
Why you need this Model Retainer Agreement:
Many clients don’t like to pay their legal bills and without having measures in place to ensure payments, law firms can run into huge headaches. One best practice is to lay out your billing arrangements and hourly fees charged by partners, associates, and paralegals in your retainer agreement.
BLOG
Is your firm struggling with cash flow?
March 8, 2019 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
Keep profits on track with this quick 5-point spring financial checkup
March 8, 2019 by
It happens every January. The firm makes grand resolutions to improve the financial performance.
But by spring, the attorneys get bogged down in their old habits. It’s the administrator’s job to keep the attorneys focused on their financial resolves, because their abilities and…
CREATING A BUDGET
How to create a budget for your law firm
February 22, 2019 by
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.
