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Finances

Law Firm Business Plan Precedent

man with notepad and laptop

If you want to be successful, you should consider how your law firm will operate well before you open your doors. A business plan is your roadmap to the future – you can show it to banks, suppliers or others whom you deal with when starting your practice. A business plan tells them that you… Read More »

Categories: Finances, Precedents

Law Firm Budget Precedent

calculator and invoice

Budgeting and managing your cash flows are a big part of staying in business. It is an old adage that what gets measured gets done: if you have set out straightforward financial goals and expectations that are to be met within a reasonable timeline, you will be able to judge if you are meeting, exceeding… Read More »

Categories: Finances, Precedents

Managing the Finances of Your Practice

Taking an active role in managing the finances of your practice is key to building a successful law practice. Foresight, active planning, appropriate internal controls, and an ongoing review of current finances are critical if your practice is to be successful and profitable. This booklet (Download PDF) reviews the steps you can take to better… Read More »

Categories: Finances, Managing Booklets

Managing the Practice of Investing in Clients

The practice of lawyers investing in clients’ businesses is current and growing. Past experience with this type of activity (which includes taking equity positions in the form of shares of stock) has taught us that this practice raises significant issues which need to be managed. This booklet (Download PDF) will explain the issues you should… Read More »

Categories: Conflicts of Interest, Ethics, Finances, Managing Booklets

How to Start and Build a Law Practice Platinum 5th Edition

Jay G. Foonberg, published 2004, 704 pages This classic ABA bestseller has been used by tens of thousands of lawyers as the comprehensive guide to planning, launching, and growing a successful practice. It’s packed with over 600 pages of guidance on identifying the right location, finding clients, setting fees, managing your office, maintaining an ethical… Read More »

Categories: Book, Finances, Firm Management, Legal Careers, Marketing, Solo and Small Firm

Strengthening Your Firm: Strategies for Success

Edited by Arthur G. Greene, published 1997, 200 pages Here’s an “owner’s manual” for the successful management of today’s law firm. Editor Arthur Greene and a team of experts share valuable insights and practical advice on important topics such as: adapting to change, meeting partnership challenges, dealing with financial problems and governance, improving leadership and… Read More »

Categories: Book, Finances, Firm Management

Flying Solo: A Survival Guide for Solo and Small Firm Lawyers 5th Edition

Edited by K. William Gibson, published 2014, 490 pages Newly revised and updated to meet the needs of today’s legal professionals, Flying Solo is a comprehensive guide to establishing and maintaining a successful solo law practice. The Fifth Edition of this ABA classic includes practical information gathered from a wide range of contributors, including successful… Read More »

Categories: Book, Finances, Firm Management, Legal Careers, Marketing, Solo and Small Firm

The Busy Lawyer’s Guide to Success: Essential Tips to Power Your Practice

Reid F. Trautz & Dan Pinnington, published 2009, 156 pages Busy lawyers do not have dozens of extra hours to conduct research looking for new tips and ideas to streamline and enhance their practice of law. They need “just-in-time” learning to acquire the knowledge necessary to build their practices. This convenient pocket guide is the… Read More »

Categories: Book, Finances, Firm Management, Legal Technology, Marketing, Solo and Small Firm

Results-Oriented Financial Management: A Step by Step Guide to Law Firm Profitability 2nd Edition

John G. Iezzi CPA, published 2003, 272 pages with CD-ROM This hands-on, how-to book will provide managing partners, law firm managers, and law firm accountants with the budgeting and financial knowledge needed to make critical decisions. The newly revised and expanded second edition describes the entire financial management process, from gathering a firm’s historical data… Read More »

Categories: Book, Finances
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