Law Firm Profits

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
legal practice areas
Top Growth Industries and Legal Practice Areas for 2024

The annual BTI Practice Outlook shows the industries with the biggest legal spending increases and top growth legal practice areas.

Michael Rynowecer - October 1, 2024
lawyer work life balance
Lawyer Work Life Balance: Why Lawyers Really Struggle

Lawyer work-life balance: Why Lawyers Really Struggle. Key Takeaways Link Christin recently posted a fine article titled “Shoot for a Realistic Work-Life Balance.” While he does a nice job presenting practical steps you can take right now, as ...

Dustin Cole - September 25, 2024
compensation plans
The Best Law Firm Compensation Plans Use the Rule of Thirds

How do you design compensation plans that are good for your law firm and the new hire? Follow the wise counsel of the rule of thirds. Compensation plans have become a hot topic as competition increases for good attorneys. Yet here’s the problem: ...

Brooke Lively - September 20, 2024
law firm bonuses
Understanding Law Firm Bonuses: A Simpler Bonus Structure for Associates, Paralegals and You

Brooke Lively | Consider rolling out a new bonus structure designed for the greater good of the entire firm.

Brooke Lively - September 19, 2024
How To Value a Law Firm:
How To Value a Law Firm: Understanding What Your Firm is Worth

Brooke Lively | Here are the two most important factors that determine your firm's value — if you want to sell.

Brooke Lively - September 12, 2024
law firm financial review
Checklist for Conducting Your Law Firm’s Year-End Financial Review

Camille Stell | Tips for tidying up your practice and conducting a comprehensive financial review.

Camille Stell - September 12, 2024
tech tools law firm growth
Choosing the Right Tech Tools for Law Firm Growth

Staying profitable as your practice expands isn’t a given. It requires investing in systems and technology that will scale to support your growth, such as case management software, which is essential for improving operational efficiency, ...

Erik Mazzone - September 4, 2024
law firm buyer with checklist
What Do Law Firm Buyers Want? The 3 Things That Matter Most

Brooke Lively | What matters most to law firm buyers?

Brooke Lively - August 15, 2024
what makes a law firm attractive to buyers
What Makes a Law Firm Attractive to Buyers?

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 - July 21, 2024
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