Does Your Law Firm Have a Budget?

Most lawyers in their private lives operate off a budget. Some may be much more formal about it and put it in writing. Others can generally add up their income and expenses in their head to ensure that more money is coming in than coming out. In this same way, law firms need to have…

Trimming the Fat From Your Law Firm Budget

As the end of the year approaches, you should take the time to reflect on the yearly law firm budget. Reflect on the good that has happened and on the areas where you fell short. After looking at the revenue that was brought into the firm, you must break down where those funds went. Were…

The dilemma of escalating law firm costs

One of the hardest parts of law firm practice management is the dilemma of escalating costs.  No matter the budgetary area within a law firm, on a yearly basis, costs generally creep up. This annual escalation of increasing costs can be a real problem for most law firms.  How can a law firm cover the…