If you’re an attorney in a small firm, chances are you’re working more than full-time — but only billing a fraction of that. The Clio Legal Trends Report reveals that lawyers average just 2.9 billable hours per workday. That’s roughly 36% of a standard 8-hour day....
As the year draws to a close, it’s time for every law firm to objectively look at the past months to gain some perspective. End-of-the-year planning allows you to get a sense of how the firm did financially and how satisfied clients were while also helping you begin...
As the managing partner or owner of a small law firm, your primary focus is likely on maximizing profitability while delivering exceptional service to your clients. One of the most critical decisions you’ll face is determining how to allocate your human...
As a law firm owner, the day may come when you consider selling your practice. Whether it’s due to retirement, a desire to pursue new ventures, or simply a strategic move, determining the worth of your law firm and planning for its sale are crucial steps that require...
Running a law firm is a round-the-clock endeavor that often leaves attorneys with little time for long-term planning. Unfortunately, long-term financial success rarely occurs by chance. In most cases, attorneys who take the time to assess their finances and create a...
