52 ABA Journal Practice Finance articles.
Adoption of crypto among law firms is still slow, though some big firms, such as Steptoe & Johnson, have publicized that they accept it.
Feb 1, 2023 2:40 AM CST
A firm’s chosen fee structure and how its finances are handled can lay the foundation for the entire life of the business and sometimes provides early indicators in determining whether it will grow and thrive or eventually crumble.
Dec 1, 2022 2:10 AM CST
Nov 18, 2022 9:21 AM CST
Aug 17, 2022 10:08 AM CDT
The founder of an Illinois law firm is facing a five-month suspension for “engaging in conduct involving dishonesty, fraud, deceit or misrepresentation.”
Aug 15, 2022 11:43 AM CDT
Waning demand for legal services and a rebound in expenses are contributing to a continued decline in law firm profitability in 2022, according to the Thomson Reuters Law Firm Financial Index.
Aug 11, 2022 1:49 PM CDT
Jun 29, 2022 11:53 AM CDT
Law firm profitability decreased in the first quarter of the year, as direct expenses increased 13.1% and overhead increased 9.9% from the same period last year, according to the Thomson Reuters Law Firm Financial Index.
May 11, 2022 8:39 AM CDT
Apr 28, 2022 9:13 AM CDT
Maryland’s highest court has disbarred a lawyer who allegedly squandered the second chance that he was given when his law firm first discovered that he had falsified an expense report. The Maryland Court of Appeals disbarred lawyer Keith M. Bonner.
Mar 17, 2022 9:00 AM CDT
Do you want to fight for your clients but are short on cash? Call litigation finance groups today and get $500,000 or significantly more! But not if you have public discipline, bad credit, too much debt or a dog case. Or if the other side is known for slash-and-burn legal tactics. Or if it looks like your case won’t bring in enough damages to satisfy the client after the funder gets paid.
Feb 1, 2022 3:30 AM CST
Ari Kaplan recently spoke with Rob Stote of BigHand, Michael Grupp of Bryter and Tom Obermaier of SurePoint Technologies about the recent report that the three companies commissioned to identify key trends among law firm financial leaders.
Nov 19, 2021 9:30 AM CST
Nov 18, 2021 11:00 AM CST
Nov 10, 2021 11:24 AM CST
By many accounts, law firms got through the financial challenges of 2020 by making deep cuts to expenses. And while that strategy seems to have worked, firms have likely reduced spending as much as they can and will have to focus on other aspects of the revenue cycle to propel their recovery.
Aug 1, 2021 1:10 AM CDT
The ABA Journal wants to host and facilitate conversations among lawyers about their profession. We are now accepting thoughtful, non-promotional articles and commentary by unpaid contributors.
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