Law Firm Financial Management

Brooke Lively | As a law firm owner, you don’t need more reports. You need better ones. Start with one clean set of numbers that everyone believes.

Karen and David Skinner's checklist building a healthy law referral network that falls within your law practice's "power zone."

A starter set of metrics any small or midsize law firm can adopt to tighten operations, control leakage and keep pricing fair and sustainable

Ask the head of most any law firm about the compensation for a given employee, you'll likely hear something like “$35 an hour” or “$75,000 a year.” Of course the dollar figure is correct but it does not represent total compensation.

Brooke Lively | Underperforming billers cost far more than their salary. They create a drag on revenue, waste valuable leadership time and poison your firm's culture.

Worried about falling behind on your growth and profit goals? Focus on these five things to keep your growth from stalling.

Brooke Lively says that with clear, measurable requirements, you can choose new partners wisely and with less fear. Here are three things that make a good partner.

Process Improvement Tips | There is a tool that can give you the confidence to assign work, know it’s getting done, and actually walk away from your firm.

Without written processes, even a routine task can take longer than it should. But the biggest downside? You won’t be able to delegate work quickly and effectively.

Doug Walker | A guide to using Profit First in your law firm to create stability, reduce stress and build a business that pays you first.