According to just about every legal management article, webinar, or podcast, the landscape of the legal market in the past few years has…
INCREASING PROFITS
The County Law Library: Don’t overlook this FREE and valuable legal resource
September 14, 2018 by
INCREASING PROFITS
The top five reasons firms lose money and go out of business
September 7, 2018 by
“Lawyers become lawyers because they want to help people and practice the art of law,” says Los Angeles financial consultant…
WORKING WITH LAWYERS
Plan firm’s transition now even if retirement is years away
September 7, 2018 by
Many of us daydream of how we’ll spend our retirement years; it’s the dream we’ve chased all of our careers…
TRACKING PROFITS
Use this one easy chart to track attorney profitability
September 7, 2018 by
A St. Louis administrator has developed a simple chart that tracks the monthly and yearly profitability of each attorney…
RISK MANAGEMENT
How to reduce the risk of in-office theft
September 4, 2018 by
Theft in law firms comes from all corners, from staff to partners.
“It happens more than people realize,” says St. Louis legal management consultant John W. Olmstead, MBA, Ph.D, CMC. In fact…
RECORDKEEPING
Use weekly financial reporting to keep partners aware of cash flow
August 27, 2018 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
Attorneys who DIY: What it actually costs your firm
August 20, 2018 by
By Diane L. Camacho, CLM bio
As I work with small law firms and solo attorneys, I see time and time again, attorneys doing work and not getting paid for it. It isn’t marketing or CLE sessions that…
BILLINGS & COLLECTIONS
How are your billing and collecting processes?
August 10, 2018 by
6 best practices that fit the bill
Training some select clients to pay their bills on time might seem about as possible as…
MANAGING THE OFFICE
To-Dos: Your August office checklist
August 6, 2018 by
Usually, the middle of summer is a great time for tackling projects that you can’t get to during the rest of the year. Here are a few suggestions:…
BILLING & COLLECTIONS
Don’t give discounts to clients without first calculating cost
July 20, 2018 by
Discounts are dangerous things. Some firms give them out willingly in exchange for a guaranteed volume of business. Others wind up…
