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Law Firm Overhead: What It Is — and What It Isn’t

Attorney at Work

I talk to a lot of law firms about the “Rule of Thirds.” ” Basically, you divide your revenue into thirds for people, law firm overhead and profit. But people often ask me, “What exactly is in law firm overhead?”. But people often ask me, “What exactly is in law firm overhead?”.

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Your Law Firm’s Employees Cost Too Much to Lose

The Estrin Report

by Blake Lively with Comments From Chere Estrin Blake Lively nailed this concept about the value of your team in her article, “Your Law Firm’s Employees Cost Too Much to Lose. If you are in law firm management, you simply MUST read this article Chere Estrin What does it cost to replace an attorney in your law firm?

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Law Firm Management: Key Insights and Strategies for Success

Rocket Matter

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.

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Former BigLaw office manager is sentenced for embezzling $425K via corporate credit card

ABA Journal

A former office operations manager at Morrison & Foerster was sentenced to 41 months in prison on Monday for using a law firm credit card…

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Arizona’s Alternative Business Structure Program Improved Access To Justice For Tort Victims And Possibly Large Companies

Above The Law

In 2020, the Arizona Supreme Court established its Alternative Business Structure (ABS) program which allows nonlawyers to have an economic interest or decision making authority in a law firm. Some of these firms probably have office managers, administrators, or other nonlawyers who effectively ran the firm.

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Examining The Inner Workings of Law Firm Leadership

LLRX

We all know that the law firm leader’s job is unlike any other in the firm. Today’s leader must be an ambassador to the outside world as well as chief cheerleader, challenger of the status quo, and an implementer of their partners’ collective aspirations within the firm. McKenna , McKenna Associates Inc.,

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Top 6 Essential Reports for Your Law Firm

Rocket Matter

What’s more, an effective and comprehensive practice management solution will even deliver you rich business insights to let the data do the talking. When you’re able to see billable activity by users, you can get an idea of how much each individual attorney at your firm is billing. For example, you can: 1. Download free guide 3.