From Panic to Profits

In her Attorney at Work column “From Panic to Profits,” financial advisor Brooke Lively helps lawyers and law firm owners understand the basics of financial planning and ways law firms can improve their profitability.

law firm financial systems

Are Your Law Firm’s Financial Systems Ready to Scale?

Brooke Lively | If you want to build a bigger, more profitable firm, make sure your financial systems are ready to scale.

Brooke Lively - May 2, 2023
law firm overhead

Law Firm Overhead: What It Is — and What It Isn’t

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 - March 5, 2023
pay yourself

Building a Law Firm That Pays You First

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

Brooke Lively - March 4, 2023
employee personality types

Have You Hired a ‘Terrorist’? 4 Kinds of Law Firm Employees

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 - February 14, 2023
cost of employee turnover

Your Law Firm’s Employees Cost Too Much to Lose

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

Brooke Lively - January 30, 2023
practicing law during a recession

How to Prepare Your Law Practice for the Coming Recession

Brooke Lively | A huge number of lawyers are facing something they've never seen before.

Brooke Lively - October 25, 2022
law firm profits

Understanding Law Firm Profits — And What to Do With Them

Brooke Lively | How can you owe taxes if there wasn’t much cash left in the business account at the end of the year?

Brooke Lively - October 19, 2022
cutting law firm overhead

3 Lessons From the Pandemic on How to Cut Overhead and Not Feel the Sting

Brooke Lively | It is possible to reduce overhead costs while improving quality of life in your firm?

Brooke Lively - September 14, 2022
how are law firm owners paid

How Are Law Firm Owners Paid? Total Compensation vs. Salary

During the year, most small firm owners can’t tell what they’ve been paid or how much it's really costing to run the firm. Here's a solution.

Brooke Lively - July 13, 2022
funding growth

Funding Growth: Are You Starving Your Law Firm?

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

Brooke Lively - June 2, 2022
envelope

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