Law Firm Financial Management

Yuliya LaRoe | Practice group leaders fulfill four roles within a law firm. Here's an overview of the leadership and business skills needed to succeed.

Brooke Lively | Here are the two most important factors that determine your firm's value — if you want to sell.

Reid Thomas | Whether you’re a law firm owner or an individual attorney, it’s likely you’ll find yourself managing client funds at some point — including advance payments, settlement checks and expenses.

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.

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

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.

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.

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.

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

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.