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The Finance Issue (September/October 2023)

Volume 49, Issue 5

Articles

How to Master Finance for Law Firms

Terrell Turner

The simple truth about creating and running a financially successful law firm is that it all comes down to having the right tools, indicators and processes in place.

Sep 01, 2023 13 min read

The Evolution of Equity Partner Compensation

John Scott

Design a compensation system that allows partners to envision themselves as part of your future. This article highlights the use of a goal-based system and how it can improve the overall vision partn…

Sep 01, 2023 8 min read

Regular Features

Frontlines

Simple Steps: Budgeting for Law Firms

Allison C Johs

When preparing your budget, be sure to involve key stakeholders in the process. The process of creating a budget forces the firm’s management to take a hard look, not only at costs and expenses, but…

Sep 01, 2023 5 min read

Technology

Product Watch: Saving Time with TimeSolv

Julie Bays

TimeSolv advertises that it’s the market leader in usability by offering user-friendly and intuitive features that streamline the process of managing legal billing services.

Sep 01, 2023 5 min read

Business

Taking the Lead: Taking Breaks

Linda A Klein and John Hinton IV

A good break from the mental grind has a restorative effect. This is not a call to work less or to waste time. Rather it is a call to be mindful of whether you are getting the most productivity out o…

Sep 01, 2023 3 min read