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Law Firm Financial Management

lawyer working on law firm financials

5 Ways Law Firms Fail at Their Financials

CosmoLex + Attorney at Work Checklist | A breakdown of the common mistakes that happen whenever money changes hands between lawyer and client.

The Editors - October 3, 2020
contract on table fee agreement

Everything a Lawyer Needs to Know When Drafting Fee Agreements, Pt. 1

Megan Zavieh | This two-part article addresses nine issues every lawyer should consider when drafting fee agreements for clients.

Megan Zavieh - September 28, 2020
law firm survey

Small Law Firms Still Struggling With Finding New Business and Managing Administrative Tasks

Just released. Thomson Reuters' 2020 State of U.S. Small Law Firms report finds small law firms continue to face significant challenges. For innovators willing to streamline and invest in tech: Opportunity is yours.

Joan Feldman - September 2, 2020
top 12 Law Firm Management

Hot Topics: Top 12 Law Practice Management Posts of 2020 (So Far)

The most popular practice management topics and practical tips so far in 2020.

Joan Feldman - July 6, 2020

Underbilling? Not Recording Time? There’s No Excuse!

Here’s Roy Ginsburg's pushback on the common excuses lawyers use to justify the insidious habit of underbilling.

Roy S. Ginsburg - March 17, 2020
Top 12 Law Practice Tips of 2019

Top 12 Law Practice and Productivity Tips of 2019

Which topics captured readers' attention in 2019? To kick off the new year, a look back at the most popular practice tips.

Joan Feldman - January 2, 2020
Chart law firm accounting

Law Firm Accounting: What’s in Your Law Firm’s Profit & Loss Statement?

Most small and solo law firms are working with financial statements that don’t give them the information they need to make informed business decisions. Here's a sample P&L for a law firm that looks like what I typically see.

Annette Fadness - October 10, 2019
Trust Accounting

Avoiding Common Trust Accounting Errors for Well-Intentioned Lawyers

Trust accounting mistakes strike fear in the hearts of well-intentioned lawyers. Megan Zavieh points to 5 things you can check today to ensure you are handling client funds correctly.

Megan Zavieh - September 18, 2019
Tackling Law Firms’ Biggest Collections Problems

Tackling Law Firms’ Biggest Collections Problems

The 2019 Orion Collections Survey asked law firms their No. 1 collections challenge and collected these tips for getting paid.

Kevin Harris - May 13, 2019
Streamline Your Law Firm’s Billing With These 3 Tips

Streamline Your Law Firm’s Billing With These 3 Tips

Checklist | What do you need for a more efficient, tech-competent law firm in 2019? “8 Essential Technologies to Increase Your Firm’s Productivity.”

MyCase - January 26, 2019