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Law Firm Financial Management

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Underbilling? Not Recording Time? There’s No Excuse!

Here’s Roy Ginsburg's pushback on the common excuses lawyers use to justify the insidious habit of underbilling.

Roy S. Ginsburg - March 17, 2020
Top 12 Law Practice Tips of 2019
Top 12 Law Practice and Productivity Tips of 2019

Which topics captured readers' attention in 2019? To kick off the new year, a look back at the most popular practice tips.

Joan Feldman - January 2, 2020
Streamline Your Law Firm’s Billing With These 3 Tips
Streamline Your Law Firm’s Billing With These 3 Tips

Checklist | What do you need for a more efficient, tech-competent law firm in 2019? “8 Essential Technologies to Increase Your Firm’s Productivity.”

MyCase - January 26, 2019
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Saving for Attorney Retirement While Running Your Law Practice

Why is it so hard to save for “attorney retirement” while you’re building your own firm? You started your practice to have more control, freedom to choose certain clients (and fire others) and potentially, make more money. ...

Ryan McPherson - May 24, 2018
piggy bank with gold coins how much to save for retirement
Retirement: How Much Should You Actually Be Saving?

How much should you actually save for retirement? Everyone from your brother-in-law to your favorite (or least favorite) financial pundit has a view. But, are those opinions even remotely accurate? As opposed to pontificating about retirement ...

Ryan McPherson - April 18, 2018
money management
Financial Tips for Attorneys a Few Years Out of Law School

In an earlier post, "Money Management Tips for New Associates," we focused on how freshly minted lawyers can start their financial life on the right foot. Now let's fast-forward a few years and consider some guidance for mid-level associates and ...

Ryan McPherson - March 21, 2018
Looking for More Profit in All the Right Places

Back in January 2017, I was having breakfast with a local lawyer when he said, “I think I need to raise my rates this year. I am just not making enough money, and raising my rates should make the year more profitable.” This led me to ask, "Do ...

Chris and Peggy Gruenke - March 20, 2018
Attorney at Work
All Things Must Pass: ZokuVault Keeps It Organized

ZokuVault is a virtual safety deposit box for estate planning information. Which makes sense, because all the things people used to place in safety deposit boxes are now mostly virtual items: bank accounts are electronic, so are documents. The ...

Jared Correia - December 13, 2017
tax
Five Tax Benefits to Working From a Home Office

Some lawyers choose to limit overhead by working from home. They may arrange for supplemental virtual services and conference room access. While not every practice area may lend itself to working from home, technology has made this a more common ...

Theda C. Snyder - November 24, 2017
LawPay Has the Tools You Need to Run Your Business

With LawPay, you get the tools you need to manage earnings and cash flow, and track key financial metrics. LawPay’s new reporting dashboard lets you see where your firm’s payments stand at a glance. Quickly and easily see where revenue is coming ...

LawPay - November 16, 2017
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