The Finance Issue | May 2017
In this issue of ABA Law Practice Today:
Adopting good business habits is essential to a successful law practice. Make sure you understand the true cost of implementing new technology before making a decision to implement it. A managing partner offers practical tips gleaned from more than 30 years of successful law firm management. The collapse of Dewey & LeBoeuf carries important lessons for firms of all types and sizes. A firm’s compensation plan may need to change to fit the shifting fortunes of the firm and its people. Get insurance, and start following best practices to limit your cybersecurity risks. The first step in measuring your productivity is understanding the factors that drive it. Save money, become more efficient, and keep yourself (and your clients) more secure by learning about your technology. Investors willing to take on the risks of litigation for a share of any proceeds are changing more than just who pays the bills.Eight Financial Tips That You (Probably) Never Learned in Law School
Buying Technology: A Different Look at Cost-Benefit Analysis
Keeping It Practical: Tips on Pricing, Billing, and Client Communications
Characteristics of a Troubled Firm
Evolution of a Law Firm Compensation Plan: A Parable
What Can Legal Professionals Do to Protect Their Firms From a Cyber-Attack?
The Factors of Productivity
Three Compelling Reasons for Solo and Small Firm Lawyers to Understand Their Technology
Trends in Litigation Finance