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The Business Of Law

From The Maximum Lawyer Podcast Billie Tarascio talks about elements needed in a law office that maximize your time as an attorney. In this podcast, she shares how to use simple analysis tools and how to use tracking data to know how your business is doing in real...

Depression Among Lawyers: The Statistics

As lawyers, our job provides tremendous pressure. People have placed their lives in our hands, and if we screw it up, there is the looming threat that the bar will take our license and we will lose our livelihood. Clients want our attention, employees want our...

The Weekly Revenue Meeting

Your system of management will help ensure you are completing your duties as a manager. In my firm, we have a weekly team meeting to go over new clients, revenue metrics for the month, and a capacity check in. This weekly meeting is scheduled and structured and lasts...

How To Hire For Your Law Firm

I am very clear that I will spend no more than 50 percent of revenue on employee costs. Likewise, my team is aware that adding to the headcount leaves fewer dollars for me to spend on raises or bonuses. They are also aware that adding people must add revenue dollars....

Let’s Talk About Money

When I started my firm, it was with a $30,000 loan from a local nonprofit. It was enough to get the firm up and running, and I was fiscally conservative enough to pay it off early. You have options when it comes to financing your firm. Some people use lines of credit,...

Will Technology Kill The Law Office?

Technology can replace much of what we value as lawyers. Technology can draft documents and answer questions, and very soon, it will be able to provide legal analysis. Technology is already beginning to predict legal outcomes in cases based on assigned judges, and...

Simplify Your Law Practice Starting With This One Change

We all know that law is a “service” business. We are not in retail, manufacturing, or agriculture, we are in the business of professional services. Let’s break this down: We are in the business of serving legal consumers. This is how we earn our living. Perhaps if you...

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