Law Firm Financial Management

Checklists are great for making sure you are completing routine processes in your practice without mistakes.

Brooke Lively | What matters most to law firm buyers?

Invoicing is one of the most important processes to get right.

Brooke Lively | What makes a law firm attractive to buyers? Exactly the same things that make a firm a joy to own. Focus on these three things.

Brooke Lively | Knowing your non-negotiables is the key to making a deal to sell your firm you won't regret.

Brooke Lively | Did you know that 75% of those who exit (their business) 'profoundly regret' the decision with 12 months?

We see it time and time again: The more law firms grow, the less profitable they become. How do you grow and still pay yourself first? When you started your law firm, it was probably just you — and maybe a paralegal or assistant. Then more ...

Reid Thomas | Whether you’re a law firm owner or an individual attorney, it’s likely you’ll find yourself managing client funds at some point — including advance payments, settlement checks and expenses.

Brooke Lively | When you prep your law firm to sell, you build a business that operates with or without you — so you can step out when you are ready.

Before determining whether debt is good or bad, we need to distinguish between two kinds of law firm debt: a line of credit and term debt.