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Law Firm Financial Management

what makes a law firm attractive to buyers
What Makes a Law Firm Attractive to Buyers?

Brooke Lively | What makes a law firm attractive to buyers? Exactly the same things that make a firm a joy to own. Focus on these three things.

Brooke Lively - March 14, 2024
law firm checklists
Five Checklists to Make Your Law Practice More Efficient and Profitable

Checklists are great for making sure you are completing routine processes in your practice without mistakes.

Peggy Gruenke - February 27, 2024
law firm production numbers
Why You Should Prep Your Law Firm to Sell — Even If You Don’t Want to Sell

Brooke Lively | When you prep your law firm to sell, you build a business that operates with or without you — so you can step out when you are ready.

Brooke Lively - February 15, 2024
law firm debt
Law Firm Debt: The Good, the Bad and the Ugly

Before determining whether debt is good or bad, we need to distinguish between two kinds of law firm debt: a line of credit and term debt.

John Scott - February 5, 2024
three strategies for a profitable law firm
Three Strategies for a Profitable 2024 for Your Law Firm

Use these three strategies for a more profitable law firm in 2024. You can be on your way to making every year more profitable than the last.

Peggy Gruenke - February 1, 2024
increasing your legal fees
Increasing Your Legal Fees: A Four-Step Approach

Erik Mazzone | Here's a four-step process for increasing your legal fees, from when and how much, to how to tell your clients.

Erik Mazzone - January 11, 2024
production numbers
To Stay on Target, Everybody in Your Law Firm Needs a Production Number

Brooke Lively | Mapping the steps in your client’s journey will reveal everyone's production numbers, so it's easier to track performance and hit firm goals.

Brooke Lively - December 14, 2023
employee engagement plan
5 Tips for Creating Your 2024 Employee Engagement Plan

Camille Stell | A culture of employee engagement is not just a trend; it's a strategic imperative.

Camille Stell - December 1, 2023
law firm loan package
How to Create a Great Loan Package for Your Law Firm

Brooke Lively | A loan package consists of the basic documents the bank wants to see to determine if you are a good credit risk.

Brooke Lively - November 9, 2023
law firm cashflow
Lockup: A New Metric to Monitor Law Firm Cash Flow

2023 Legal Trends Report introduces a new metric for monitoring your firm's cash flow.

Joan Feldman - October 31, 2023
envelope

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