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Personal Finance

Lawyers climbing bar chart Law Firm for Sale

Law Firm for Sale: Boosting the Value of Your Law Practice

While there are many factors that will influence the selling price, these five will get you started in evaluating — and increasing — your practice's value.

Ryan McPherson - June 19, 2018
saving woman balancing work attorney retirement

Saving for Attorney Retirement While Running Your Law Practice

Why is it so hard to save for “attorney retirement” while you’re building your own firm? You started your practice to have more control, freedom to choose certain clients (and fire others) and potentially, make more money. ...

Ryan McPherson - May 24, 2018
piggy bank with gold coins how much to save for retirement

Retirement: How Much Should You Actually Be Saving?

How much should you actually save for retirement? Everyone from your brother-in-law to your favorite (or least favorite) financial pundit has a view. But, are those opinions even remotely accurate? As opposed to pontificating about retirement ...

Ryan McPherson - April 18, 2018
money management

Financial Tips for Attorneys a Few Years Out of Law School

In an earlier post, "Money Management Tips for New Associates," we focused on how freshly minted lawyers can start their financial life on the right foot. Now let's fast-forward a few years and consider some guidance for mid-level associates and ...

Ryan McPherson - March 21, 2018
calculator and dollar bill law firm benefits

Understanding Your Law Firm’s Employee Benefits and Perks

If you’re an associate or other employee at a law firm, you want to make sure you’re taking full advantage of the benefits your firm offers. And if you’re a partner in a smaller firm, you should be aware of what employees will be expecting from ...

Ryan McPherson - February 21, 2018
money management

Money Management Tips for New Associates

Congratulations! You survived law school, passed the bar and got a job. By now you’re somewhat settled in. Some partners have learned your name, and you’ve received a few paychecks. So, what will you do with the steady earnings? Since it is ...

Ryan McPherson - January 17, 2018