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Law Firm Financial Management

law firm production numbers
Selling a Law Practice: Why You Should Prep Your Law Firm — Even If You Don’t Want to Sell

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.

Brooke Lively - February 15, 2024
law firm debt
Law Firm Debt: The Good, the Bad and the Ugly

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.

John Scott - February 5, 2024
three strategies for a profitable law firm
Three Strategies for a Profitable 2024 for Your Law Firm

Use these three strategies for a more profitable law firm in 2024. You can be on your way to making every year more profitable than the last.

Peggy Gruenke - February 1, 2024
increasing your legal fees
Increasing Your Legal Fees: A Four-Step Approach

Erik Mazzone | Here's a four-step process for increasing your legal fees, from when and how much, to how to tell your clients.

Erik Mazzone - January 11, 2024
production numbers
To Stay on Target, Everybody in Your Law Firm Needs a Production Number

Brooke Lively | Mapping the steps in your client’s journey will reveal everyone's production numbers, so it's easier to track performance and hit firm goals.

Brooke Lively - December 14, 2023
employee engagement plan
5 Tips for Creating Your 2024 Employee Engagement Plan

Camille Stell | A culture of employee engagement is not just a trend; it's a strategic imperative.

Camille Stell - December 1, 2023
law firm loan package
How to Create a Great Loan Package for Your Law Firm

Brooke Lively | A loan package consists of the basic documents the bank wants to see to determine if you are a good credit risk.

Brooke Lively - November 9, 2023
law firm cashflow
Lockup: A New Metric to Monitor Law Firm Cash Flow

2023 Legal Trends Report introduces a new metric for monitoring your firm's cash flow.

Joan Feldman - October 31, 2023
law firm profit plan
Budgets Suck, But Profit Plans Rock

Brooke Lively | When you have accountability, your practice can achieve remarkable growth.

Brooke Lively - October 3, 2023
law firm compensation
5 Ways Your Law Firm Compensation Plan Is Failing You

Camille Stell | A modern compensation system can give you an advantage over firms that cling to outdated practices.

Camille Stell - August 25, 2023
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