Attorney at Work

APRIL 19, 2022

Here is what you need to know about law firm profits. How Should You Divide Your Law Firm Profits? One part of your law firm profits needs to be segregated into an account that is set up as a “war chest” while the rest gets distributed to the owner or owners. Paying Out Law Firm Profits.

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Law Firm Law Firms Laws Finance 262

Attorney at Work

JUNE 6, 2022

How have law firms supported their clients during the COVID-19 pandemic? A dozen business development professionals talk about the innovative ways their firms have strengthened relationships and created deeper ties. And law firms that resist the impetus for change will risk failure. Anticipating Changing Needs.

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Law Firm Law Firms Laws Attorney 282

Above The Law

MARCH 20, 2025

As a small law firm owner, your time is constantly stretched between serving your clients, growing your practice, and focusing on your personal needs. For law firm owners, your status as a Specified Service Trade or Business (SSTB) under tax law creates unique challenges for tax planning.

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Law Firm Law Firms Laws Lawyer 108

Attorney at Work

NOVEMBER 2, 2021

Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. If queried, most law firms would point to March of 2020 as the point in time that everything changed. Balance Forward: Introducing Abacus Payment Exchange (APX).

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Law Firm Law Firms Laws Case Management 253

JURIST

JUNE 21, 2024

David Odero is a law student at Kisii University and a special correspondent for JURIST who attended Thursday’s protests in Nairobi. LSK provided toll-free numbers for any protester who would be arrested, and various law firms were out offering pro bono legal services.

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Above The Law

MARCH 14, 2025

The 80/20 Rule for Law Firm Efficiency Focusing on the 20% of tasks that drive 80% of your success can significantly improve productivity while freeing up time for what truly matters. The Profit First Approach to Law Firm Finances Structuring finances with profit as a priority ensures long-term stability and sustainable growth.

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Law Firm Law Firms Finance Lawyer 109

Above The Law

NOVEMBER 14, 2024

The post The Law Firm Finance Strategies That Will Get Your Balance Sheet On Track appeared first on Above the Law. Your five-point plan for eliminating accounts receivable awaits.

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Law Firm Law Firms Finance Laws 107

Above The Law

JULY 27, 2022

Credit Finance associates can find more information on this exciting opportunity in H-Town here. The post Top-Notch Credit Finance Opportunity At A Top 20 Am Law Firm! appeared first on Above the Law.

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Finance Law Firm Law Firms Laws 102

Rocket Matter

MARCH 28, 2025

The post Law Firm Management: Key Insights and Strategies for Success appeared first on Rocket Matter. Get free e-book Legal brilliance alone doesn't guarantee the success of a law firm. Running a thriving practice requires a strong foundation in law firm management. Financial Oversight.

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Law Firm Law Firms Laws Case Management 52

Above The Law

APRIL 5, 2024

And law firms are staffing up for them. The post Finance Docket: Big Deals Are Big These Days appeared first on Above the Law.

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Finance Law Firm Law Firms Laws 117

Attorney at Work

OCTOBER 11, 2023

The post Should Your Law Firm Have a Director of Financial Wellness? Renee Pastor | The burden of student loans, other financial obligations and lifestyle creep, can lead to significant stress among attorneys. appeared first on Attorney at Work.

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Law Firm Law Firms Laws Attorney 171

Above The Law

FEBRUARY 4, 2025

After long years of looking askance at remote workers, the pandemic forced law firm managers to reconsider that stance. Jared Correia , a consultant and legal technology expert, is the host of the Non-Eventcast, the featured podcast of the Above the Law Non-Event for Tech-Perplexed Lawyers.

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Law Firm Law Firms Laws Technology 71

Above The Law

APRIL 9, 2024

A focus on law firm performance can leave personal money management neglected. The post How Well Are You Managing Your Personal Finances? appeared first on Above the Law. This episode of the Non-Eventcast will help you ensure it doesn't happen to you.

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Finance Law Firm Law Firms Laws 114

Rocket Matter

MARCH 11, 2025

The post How to Grow Your Law Firm: 10 Strategies for Sustainable Success appeared first on Rocket Matter. Get free e-book If youve been proactively working to grow your law firm , you know firsthand that the road to business success is fraught with challenges. The question is, whats the best way to grow your law firm ?

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Law Firm Law Firms Laws Legal Technology Solution 52

Attorney at Work

JANUARY 5, 2022

Attorney at Work’s new “You at Work Spotlight” series focuses on the crucial role business professionals play in law firms of all sizes — including newly emerging career options in the legal industry. The firm also has a top-of-the-line coffee machine for all employees. The Role of Legal Ops in Law Firms and Legal Departments.

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CosmoLex

NOVEMBER 27, 2024

Integrated accounting software is a vital tool for modern law practices. This software understands how law firms work and can make daily accounting workflows and overall client and financial management more efficient. For law firms, however, this increases labor and operational costs.

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Law Firm Law Firms Laws Legal Technology Solution 52

CosmoLex

JANUARY 29, 2025

When it comes to keeping accurate records of your law firms accounts, its essential to use tools that give you a clear picture of your firms performance and meet your legal, regulatory, and ethical requirements. What is law firm accounting ?

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Law Firm Law Firms Laws Legal 52

ABA Journal

SEPTEMBER 19, 2024

Associate hiring is on the rise amid rosy projections for law firm finances next year, according to recruiters who spoke with Law360. Typically August is…

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Law Firm Law Firms Finance Laws 111

NCBA Law Practice Management Blog

DECEMBER 1, 2021

Of course, adopting this approach usually requires a change in process management for faw firms. And yet, this remains a difficult thing for law firms to do. Don’t like finances? Hire a bookkeeper, or a bookkeeping firm. When you’re chief cook and bottle washer, you limit the growth potential of your law firm.

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Law Firm Law Firms Laws Finance 130

Attorney at Work

AUGUST 26, 2021

Law firms didn’t let the pandemic get in the way of profitability or performance in 2020. on average in the fourth quarter of 2020, according to Thomson Reuters — and 15% among AmLaw 100 firms. Corporate law departments made structural shifts as well. Creative Staffing Arrangements Can Help Law Firms Win Business.

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Legal Legal Law Firm Law Firms 282

CARET Legal

JUNE 26, 2024

But, for large law firms, the limitations of ERP systems are becoming increasingly apparent, and many are switching to legal practice management platforms. They are typically designed to cater to a broad range of industries, and as a result, may not have the specialized billing that law firms require.

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Above The Law

DECEMBER 4, 2023

Law firm leaders are no longer looking at things through rose-colored glasses when it comes to their finances. The post Law Firm Leaders Seem Nervous About Cash Heading Into 2024 — Are Salary Increases To Blame? appeared first on Above the Law. How do these raises and bonuses make them feel?

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Law Firm Law Firms Finance Laws 114

Attorney at Work

OCTOBER 2, 2024

Messy personal finances can lead to a vicious cycle of stress and anxiety that bleeds into your professional life. The good news is that taking control of your finances accrues big benefits for both your professional and financial well-being.

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Attorney Finance Law Firm Law Firms 171

Above The Law

NOVEMBER 1, 2024

Students should not consider attending law school merely because a law degree can lead to a stable income. The post Many Law School Applicants Should Consider Careers In Finance appeared first on Above the Law.

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ABA Journal

JANUARY 16, 2025

It covers the trends, people and finances of the legal profession from Wall Street to Main Street to Pennsylvania Avenue. The ABA Journal is read by half of the nation's 1 million lawyers every month.

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Law Firm Law Firms Finance Laws 126

Rocket Matter

FEBRUARY 20, 2025

The post Next Level Strategy: How Law Firms Should be Using Google Ads appeared first on Rocket Matter. If you run a law practice and need qualified leads who are eager to find your firm, Google Ads is a great way to start. Are Google Ads right for your law firm?

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Law Firm Law Firms Personal Injury Lawyer Personal Injury 52

Attorney at Work

DECEMBER 3, 2021

Brenda Barnes, owner of B2 Management & Consulting , has this to say about law firm finance: “A good system of cash flow management can spell the difference between a successful business and a failed one. What Should a Law Firm Financial Review Include? Analyze your cash flow. A Year-End Checklist.

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Laws Law Firm Law Firms Paralegals 280

CARET Legal

MARCH 6, 2024

Managing a law firm chart of accounts and general ledgers involves numerous transactions, strict regulatory requirements, detailed reconciliation needs, and accurate financial reporting. This involves identifying and categorizing all the financial transactions that a law firm expects to handle.

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Law Firm Law Firms Laws Legal 119

Attorney at Work

FEBRUARY 14, 2022

It is essential to understand that prospective law firm clients want to learn about you as a lawyer before deciding to pursue your services. Showcase your firm’s expertise and answer clients’ questions. Are There Best Practices for Creating Law Firm Website Content? Pain points. Legal category.

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Law Firm Law Firms Laws Lawyer 269

The Estrin Report

DECEMBER 26, 2024

About the Author Chere Estrin has over 20 years of experience in the staffing arena, including executive positions in law firms, litigation support companies, and the legal staffing divisions of a $5billion publicly held corporation. She is CEO of Estrin Legal Staffing , a nationwide staffing organization.

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LawSites

MARCH 13, 2023

Nexl , a no-data-entry CRM platform for lawyers, has raised $4 million in a financing round led by Australian-based B2B venture capital firm EVP with follow-on participation from The Legal Tech Fund , Vulpes and Saniel Ventures. Read more about Nexl in the LawNext Legal Technology directory.

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Law Firm Law Firms Laws Finance 116

Above The Law

MARCH 8, 2024

This Biglaw partner has the scoop on how law firms can 'inspire' their female associates to become powerful leaders. The post Dechert’s Global Finance And Real Estate Co-Chair Explains How Biglaw Firms Can Get More Women Into Partnership And Leadership Roles appeared first on Above the Law.

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Real Estate Finance Law Firm Law Firms 117

Above The Law

NOVEMBER 2, 2021

Successful contingency fee law firms view their business functions holistically, heavily investing in their financing, accounting, marketing, IT, and case intake strategies. Without this focus, they risk being left behind by competitors post-pandemic.

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Law Firm Law Firms Law School Laws 98

Attorney at Work

SEPTEMBER 2, 2021

No matter the size of your law firm, maintaining a positive cash flow is essential. If you aren’t keeping a proper eye on your firm’s bottom line, it simply cannot survive. The most successful law firms use a variety of best practices to manage their finances effectively, many of which can be implemented relatively quickly.

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Laws Law Firm Law Firms Virtual Assistant 251

Above The Law

FEBRUARY 7, 2022

The 'Oopsie' Defense : Congressman going all in with defense that he just kind of forgot about that campaign finance violation. Country Roads : Another West Virginia law school? The post Law Firm Partner Silent But Deadly — See Also appeared first on Above the Law.

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Law Firm Law Firms Laws Law School 98

ABA Journal

AUGUST 29, 2023

If getting paid for the legal work you perform is important, then you already know why legal billing software is an indispensable tool. However, now…

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Law Firm Law Firms Finance Legal 98

ABA Journal

MARCH 28, 2024

It covers the trends, people and finances of the legal profession from Wall Street to Main Street to Pennsylvania Avenue. The ABA Journal is read by half of the nation's 1 million lawyers every month.

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