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Legal Staffing Lessons for Today’s Marketplace

Attorney at Work

Large firms, for example, are able to lower costs and present competitive price points by contracting certain aspects of the work, while smaller firms can compete more effectively by contracting niche talent to fortify their bank of expertise. Real estate finance or M&A? The Contract Talent Pool Is Top-Notch.

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Pay for Lawyers: Your Guide to Boosting Cash Flow

MyCase

A fixed fee is most commonly used for routine legal matters such as a standard real estate closing contract. In this instance, lawyers should clearly communicate what services will be rendered for the fee, including any additional expenses that could be incurred. . Utilize the Right Tools for Your Firm’s Finances.

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How to Start a Law Firm

MyCase

Start by calculating your personal/family finances. This can include: Mortgage or rent (plus utilities) Groceries Gas Wifi and phone bills Car payment(s) Streaming services Gym membership dues Budgeted fun money (outings and shopping) Add up the total monthly amount to determine how much money you need to be financially stable.

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How to Start a Law Firm

MyCase

Start by calculating your personal/family finances. Streaming services . For instance, will you run a solo personal injury firm, real estate, or family law practice? Next, set up the necessary accounts to ensure that you’re in compliance when handling business finances and client funds. Wifi and phone bills.