Law Firm Financial Management

Brooke Lively | When your firm isn’t growing fast enough, focus first on these five areas.

Teddy Snyder | Use tax time to confront the reality of your numbers — and adjust your firm's budget accordingly.

Brooke Lively | We analyzed eight offers and found one consistent thing. Not one of them was going to be profitable to the firm.

Brooke Lively | As your firm grows, the way you look at your people and overhead starts to morph. Here are four things that get moved into your overhead category.

Brooke Lively | We see it all the time — the more law firms grow, the less profitable they become.

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 ...

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.

Keeping certain employee personality types can cost you, even if they perform well. Has your law firm hired a puppy or a terrorist?

Brooke Lively | A Financial Breakdown for Recruiting and Hiring a New Attorney (Holy Cow!)

Law firms, lawyers and other professionals can learn from past economic downturns. There are many useful and inspirational lessons to learn about how law firms and other organizations have successfully weathered prior economic storms, then ...