Law Firm Financial Management

law firm overhead
Law Firm Overhead: What It Is — and What It Isn’t

Brooke Lively | As your firm grows, the way you look at your people and overhead starts to morph. Here are four things that get moved into your overhead category.

Brooke Lively - March 5, 2023
employee personality types
Have You Hired a ‘Terrorist’? 4 Kinds of Law Firm Employees

Keeping certain employee personality types can cost you, even if they perform well. Has your law firm hired a puppy or a terrorist?

Brooke Lively - February 14, 2023
cost of employee turnover
Your Law Firm’s Employees Cost Too Much to Lose

Brooke Lively | A Financial Breakdown for Recruiting and Hiring a New Attorney (Holy Cow!)

Brooke Lively - January 30, 2023
economic downturns
Weather Tough Economic Times Using Some Lessons From History

Law firms, lawyers and other professionals can learn from past economic downturns. There are many useful and inspirational lessons to learn about how law firms and other organizations have successfully weathered prior economic storms, then ...

Julie Savarino - January 10, 2023
accepting crypto payments
Accepting Crypto Payments for Legal Services

Todd Carney | Sooner or later, you will have a client who wants to pay you with cryptocurrency. Here's what you should know about accepting crypto payments.

Todd Carney - November 5, 2022
practicing law during a recession
How to Prepare Your Law Practice for the Coming Recession

Brooke Lively | A huge number of lawyers are facing something they've never seen before.

Brooke Lively - October 25, 2022
lawyer flat fee
Ethical Considerations for Flat Fee Billing

Mark C. Palmer | Q: “I’d like to expand my law firm’s flat-fee offerings into new practice areas, but I want to make sure it's a sound financial move and an ethically permissible one.”

Mark C. Palmer - October 11, 2022
law firm ar
How Modern Law Firms Can Reduce Accounts Receivable

Mayowa Oyebadejo | Why does law firm AR pile up?

Mayowa Oyebadejo - October 10, 2022
buyer journey
Buyer Journey: What Lawyers Should Know About the Psychology of Paying for Goods and Services

Understanding the four stages of the buyer journey can point to ways to improve your marketing, practice management and payment systems.

Mayowa Oyebadejo - September 17, 2022
cutting law firm overhead
3 Lessons From the Pandemic on How to Cut Overhead and Not Feel the Sting

Brooke Lively | It is possible to reduce overhead costs while improving quality of life in your firm?

Brooke Lively - September 14, 2022
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