Lawyer with calculator counting making notes at office hand is writes in a notebook

Document Client Expenses and Attorney’s Fees

The LPM Department Law Practice Management, Maintaining a Practice, Starting a Practice

Starting a Practice |Maintaining a Practice|Starting a PracticeDocument Client Expenses and Attorney’s FeesWritten byThe LPM DepartmentJune 22, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. Introduction In order to accurately account to your client, you should keep track of client expenditures, your fees charged and fees paid. There are very few, if any, courses …

Carefree inspired attorney standing in modern office space and holding laptop

Evaluate Your Office Leasing Needs

The LPM Department Law Practice Management, Starting a Practice

Starting a Practice |Starting a PracticeEvaluate Your Office Leasing NeedsWritten byThe LPM DepartmentJune 16, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. Leasing smart is an intregal part of your practice being on the Road to Success! Office space is often the second largest operating expense of most law firms today. If that is your …

Group of lawyers at the office looking at a project

Write and Implement a Law Office Business Plan

The LPM Department Law Practice Management, Starting a Practice

Starting a Practice |Starting a PracticeWrite and Implement a Law Office Business PlanWritten byThe LPM DepartmentJune 11, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. The purpose of business planning is to establish a common focus for action. This is done by: Clarifying goals Establishing measures of results Assessing resource distribution needs Unifying the …

Cheerful young start-up attorney in formal wear looking at a tablet outside

Prepare a Cash-Flow Budget for a Start-Up Law Practice

The LPM Department Law Practice Management, Starting a Practice

Starting a Practice |Starting a PracticePrepare a Cash-Flow Budget for a Start-Up Law PracticeWritten byThe LPM DepartmentJune 10, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. Introduction With the aid of low-cost electronic spreadsheet applications the budgeting process has become less of a dreaded task. These software applications substantially reduce the work required to …

Smiling group of lawyers going over the law firm employee handbook together and working on a laptop at a table in an office

Draft an Employee Handbook

The LPM Department Law Practice Management, Starting a Practice

Starting a Practice |Starting a PracticeDraft an Employee HandbookWritten byThe LPM DepartmentJune 10, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. Introduction An Employee Handbook should be tailored to the individual needs of the employer and the employer’s management style. It is to be used as a guideline and should never be interpreted as …

How to Set Billing Rates

The LPM Department Law Practice Management, Starting a Practice

Starting a Practice |Starting a PracticeHow to Set Billing RatesWritten byThe LPM DepartmentJune 9, 2020Share this Post×Print PDF version Of This HOW TO GUIDE. Introduction Today’s market and the increased client sophistication when selecting legal services, are making it necessary to carefully evaluate billing practices. Whether you prefer task based billing, value billing, hourly billing or …