Running a practice takes money. Doesn’t everything? Focusing on your firm’s finances can be the humdrum part of the practice. Finances are not why most lawyers go to law school. Law schools do not teach the financial aspects of running a law practice. Yet, the reality is that being financially educated in running your law firm is critical. Whether you are a solo lawyer or part of a firm, not understanding the finances of law practice is detrimental to your career.
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