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Law Firm Money

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
Nothing But the Ruth by Ruth Carter

What Lawyers Need to Know About CCPA, California’s New Privacy Law

Do lawyers need to comply with CCPA? Ruth Carter explains — and has a list of questions we should be asking about privacy and data security.

Ruth Carter - January 8, 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
Nothing But the Ruth by Ruth Carter

Getting Paid: The Power of Following Up

What do you say to clients when their bills are way past due? Ruth Carter tries a new tactic.

Ruth Carter - December 5, 2019
What’s in Your Law Firm’s Profit & Loss Statement

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

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
Nothing But the Ruth by Ruth Carter

Dealing With Non-Paying Clients: A Rant

It sucks when clients take advantage of us and don't pay their bills.

Ruth Carter - January 15, 2019
retirement savings piggy bank with gold coins

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

Looking for More Profit in All the Right Places

Back in January 2017, I was having breakfast with a local lawyer when he said, “I think I need to raise my rates this year. I am just not making enough money, and raising my rates should make the year more profitable.” This led me to ask, "Do ...

Chris and Peggy Gruenke - March 20, 2018