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ABA Journal: Modern Law Library : 6 key numbers that can diagnose the financial health of your law practice
ABA Journal: Modern Law Library : 6 key numbers that can diagnose the financial health of your law practice
ratings:
Length:
36 minutes
Released:
Aug 26, 2020
Format:
Podcast episode
Description
Do you know how many billable hours you can devote to a new case? Or whether you need to add another attorney to your firm? Can you afford to take time off from your practice, and if so, how much? If you're one of the lawyers who is kept up at night with worries about your firm's finances, you are not alone. Financial consultant Brooke Lively says that law school does not prepare most people for the business side of the practice of law. Through her work with attorneys and firms, she's identified six key numbers that can tell the health of a law practice and identify what next steps a firm needs to take. They are compiled in her book From Panic to Profit: How 6 Key Numbers Can Make a 6 Figure Difference in Your Law Firm, and she walks the ABA Journal's Lee Rawles through all six.
Released:
Aug 26, 2020
Format:
Podcast episode
Titles in the series (100)
ABA Journal: Legal Rebels : Susskind sees ‘rosy future’ for law—if it embraces technology: For more than three decades, Richard Susskind has been one of the profession’s most prolific voices in support of implementing technology with legal services delivery. The author of more than 10 books on the topic, his next one will focus on... by ABA Journal Podcasts - Legal Talk Network