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Build Your Own Law Firm #7: Projecting Revenue
- July 9, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Financial Management, Starting a Law Firm
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It’s not easy to make money; and, it’s even harder to predict how much money you will make when you start a business, especially if it’s the first business you’ve started. Since this can be a frustrating task, it’s tempting to just throw up your hands, and tell yourself that, truly, you’ll know what you’re
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Build Your Own Law Firm #6: Setting Fees
- June 11, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Financial Management, Starting a Law Firm, Technology
One of the most challenging aspects of starting a law firm is figuring out what to charge. You’ve got to walk the tightrope of making a living, while also delivering valuable services that justify your rates — even as consumers have more options for legal services, and are more price-sensitive than ever before. The traditional
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Build Your Own Law Firm #5: Creating a Budget
- May 25, 2018
- Posted by: jaredcorreia@gmail.com
- Category: Financial Management, Starting a Law Firm
Lawyers tend to hate math, like Frankenstein hates fire. Many attorneys choose law school simply to avoid math; and, that reluctance often rears its head in terms of practice management, where lawyers will focus on substantive work, and avoid business management requirements, especially those related to finance. But, when you’re starting a law firm, it’s