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Navigating Success: Key Insights from the Clio Trend Report for Mid-Sized Law Firms

In the rapidly evolving world of law firms, staying ahead of the curve is crucial to achieving success. Mid-sized law firms, in particular, face unique challenges in navigating the ever-changing...

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Law firm KPIs: Break-even Costs

 The cost of running your firm is an important metric to track when you are starting a law practice. Knowing your cost of operations will allow you to decide where to focus your efforts and...

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Attorney Bookkeeping - The Slow Death of the Billable Hour

 

 Last week we talked about the attorney billable hour and writing down hours to discount the work provided for legal services. Writing down hours can be a devastating blow to the bottom...

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The Cost of Billable Hours: How to Avoid Write Downs

 

Billable hours are a reality, whether in a large law firm or in-house counsel. These hours are vital to the practice of law and are also one of the most difficult tasks to manage....

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