You want to practice law and want to make money doing it. Attorneys who are sole practitioners or are in boutique firms often serve as their own CFO, chief accountant, and human resource officer. Whether you are thinking of starting your own practice, just beginning in the legal profession, or have been running your own firm for years, this very practical program is full of essential, easy-to-understand pieces of information to help you become and stay successful.
Learn how to develop a plan of action before you start your solo or small practice or buy into an existing practice.
- Decide which structure of business will benefit you most
- Understand financing at the beginning as well as when the firm grows
- Go to the bank before you need the money
- Consider the necessary and desirable insurance coverages
- Learn critical and needed knowledge of books and records — more than just compliance
- Know about trust accounts — so very important — get the checklist
- Learn practical steps to limit risk and reduce expenses
Recorded during a live webcast in March 2017.