The new bar year is fully underway! After a successful Spring Meeting in Santa Fe, our Law Practice Division (LP) Finance Committee members continued their hard work on the LP budget, which was approved by the Division Council at the Annual Meeting. This part of our planning allows us to kick off the new bar year knowing that we have addressed the financial needs of LP and can navigate through a year of providing our
The Importance of Finance
LP has four key areas of focus: practice management, technology, marketing
Finance is something that I personally and professionally have a passion for. I am an Executive Scholar
LP Books on Finance
I wanted to share a few of our resources to help you better address your practice’s finances, specifically books that may interest you.
Our Compensation Plans for Law Firms (Sixth Ed.) addresses firms staying relevant and having effective compensation plans as a strategy for recruiting and retaining talent.
Our Results-Oriented Financial Management: A Step-by-Step Guide to Law Firm Profitability (Third Ed.) will help you, regardless of your career level, in managing your financials, including budgeting and the annual planning process.
Flying Solo: A Survival Guide for the Solo and Small Firm Lawyer (Fifth Ed.) helps you get started in a solo practice or, if you are established,
Passing the Torch Without Getting Burned is your guide to succession planning and the economic implications of retirement.
Whether you enjoy finance or are intimidated by it, please know that we are here for you. And find more finance articles and resources at lawpractice.org.