Law Firm Financial Management

annual legal fee increases
Annual Legal Fee Increases: 5 Ways to Make It Easier

Process Improvement Tips | Essential steps to ensure your annual legal fee increases are thoughtful, fair and easy to implement.

David and Karen Skinner - January 7, 2025
Legal Billing Dos and Don’ts: Your Quick Reference for Getting Paid

Product Spotlight | Whether you work for a large firm or you run your own private practice, getting your legal billing right is crucial. Keep this list from LawPay handy to ensure your bills are as client-friendly as possible.

LawPay - January 2, 2025
side hustle for lawyers
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 - December 26, 2024
law firm collections process
Want to Get Paid Faster? 7 Steps to Fix Your Law Firm Collections Process

It may seem easier to just let things slide … but ask yourself: Would you work for free?

David and Karen Skinner - December 3, 2024
Law Firm Organizational Structure
Transforming Law Firm Organizational Structure: Why You May Not Need a Lawyer in Charge

Brooke Lively | When was the last time you reviewed your firm's organizational structure — and challenged the status quo?

Brooke Lively - November 14, 2024
annual planning process
Do You Dread the Law Firm Annual Planning Process? 5 Ways to Make It Easier and More Fun

Setting annual goals can feel a little overwhelming. But like everything in your law firm, it’s easier if you have a process.

David and Karen Skinner - November 7, 2024
law firm collections
Tackling Law Firm Collections: Biggest Problems

The 2019 Orion Collections Survey asked law firms their No. 1 collections challenge and collected these tips for getting paid.

Kevin Harris - October 22, 2024
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 - October 10, 2024
closing out the year law firm financial management
Law Firm Financial Management: A 5-Step Checklist to Close Out the Year

This checklist will help you tidy up by the end of the year and give you a clear picture of your firm’s financial performance.

Peggy Gruenke - October 9, 2024
client paying a lawyer's legal bill
6 Ways to Make Clients Happy to Pay Your Bills

No one likes to pay bills. Even when the service or product we are paying for, such as attorney fees, is way more valuable than the actual dollar amount on the invoice, we humans just hate to see the money out the door. For instance, ...

Merrilyn Astin Tarlton - September 27, 2024
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