Millions of low-income Americans can’t resolve legal issues because they lack the resources to pursue them. Alternative fee arrangements for law firms allow you to better serve clients and the community by opening services to those who may not have the means to pay for services upfront. Law firms can add value to their clients […]
Finding the right bank for your small business can be a challenge. While interest rates are important, they shouldn’t be the deciding factor. This article dives into what truly matters: features, convenience, and how the bank can help your business thrive. We’ll also cover why switching banks might be a better option than you think. […]
Attorneys spend a lot of time practicing law. Your clients deserve your time, attention and experience helping them reach their goals. So, what’s the problem? While you’re focusing on offering the best service possible, it’s easy to: Push business management to the wayside Allow outstanding bills to pile up Spend excess time on client matters outside of […]
Start 2024 off with a bang by building rock-solid billing practices. Take a moment to reassess your habits from last year. You and your team are busy, and no one enjoys chasing after clients for payment of outstanding invoices. It’s time to develop and refine your collections strategy. You can make your bill collecting process […]
Lockup is a critical financial metric typically used among accountants. However, there has been a push to show how much it applies to law firms. Lawyers are skilled and educated professionals, but when they run their practice, they have the dual-sided challenge of running a business. Terms such as “lockup” can be instrumental in helping […]
The end of the year is a critical juncture for small and solo law firms, marking an essential period for reflection, analysis, and planning. During this period, law firms delve deep into their finances, assessing the year’s achievements (or shortfalls) and strategizing for the challenges and opportunities of the upcoming year. Essential End-of-Year Tasks […]
That’s a wrap on #ClioCon 2023! Read Clio’s official recap here and peep CPN Legal’s 2023 partner award shoutout! The CPN Legal team learned so much this year that it was hard to summarize in just one post. Seeing friendly faces that we email with throughout the year is always the best part of the event. Great […]
Law firm accounting can be a complex and time-consuming task, especially for small and solo firms. That’s where CPN Legal comes in. We offer a comprehensive range of law firm accounting services, so you can focus on what you do best – practicing law. Here are the top 10 reasons to outsource your law firm […]
A strong client intake process is essential for any law firm. It’s the first impression you make on a potential client, and it can help you determine whether they’re a good fit for your firm. Here are some best practices for creating a strong client intake process: Document your client intake policies and processes. This will […]
Adapted by Peggy Gruenke – Originally Published in Attorney at Work As an attorney, you have a responsibility to uphold the highest ethical standards in your work. This includes how you handle your clients’ money. There are numerous financial ethics traps that law firms can fall into, and it’s important to be aware of them […]
