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Law Firm Financial Management

accepting crypto payments

Accepting Crypto Payments for Legal Services

Todd Carney | Sooner or later, you will have a client who wants to pay you with cryptocurrency. Here's what you should know about accepting crypto payments.

Todd Carney - July 5, 2022
side hustle

Should Lawyers Consider a Side Hustle?

Pursuing personal projects or part-time work is not new for lawyers, but the “great reassessment” has amplified the discussion.

Camille Stell - June 5, 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
Trust Accounting

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 - May 31, 2022
calculator and dollar bill law firm benefits

Understanding Your Law Firm’s Employee Benefits and Perks

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 ...

Ryan McPherson - May 27, 2022
checklist law firm management

Five Checklists to Make Your Law Practice More Efficient and Profitable

Processes are the means by which we get things done, and checklists can keep us on top of what needs to get done. That’s why pilots, surgeons and astronauts use checklists extensively. They help eliminate the fear of forgetting something ...

Peggy Gruenke - May 27, 2022
law firm accounting

Law Firm Accounting: 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 - May 22, 2022
buyer journey

Buyer Journey: What Lawyers Should Know About the Psychology of Paying for Goods and Services

Understanding the four stages of the buyer journey can point to ways to improve your marketing, practice management and payment systems.

Mayowa Oyebadejo - May 17, 2022
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 - May 4, 2022
attorney compensation

Attorney Compensation: Taking Your Firm From Good to Great

Camille Stell | A modern compensation plan gives you an advantage over other firms that cling to outdated systems.

Camille Stell - April 29, 2022
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