Finance Archives

07 Mar So You Want To Build Your Own Law Firm

Posted at 14:21h in Blog, Business Development, Facilities, Finance, HR, Information Technology, Marketing, Practice Management, Software by lexicon

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Deciding to build your own law firm is an enormous decision that could end up being one of the most rewarding choices you ever make, but it is not something you should rush into. The fact of the matter is most law schools are, understandably, geared toward teaching the practice of law and training students to think like attorneys. Most law school curriculum does not devote much time for teaching the business end of the legal industry.

The Entrepreneurial Lawyer Podcast available on all streaming platforms

04 Jan Pro Tips on Practice Financials – The Entrepreneurial Lawyer

Posted at 22:34h in Business Development, Finance, Podcast, The Entrepreneurial Lawyer by lexicon

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The Entrepreneurial Lawyer is a podcast with legal professionals made for helping lawyers manage and grow their law firms. In this inaugural episode, co-hosts Dan Cuneo, CEO at Lexicon, and Sarah Ruttan-Bates, Lexicon’s Director of Legal Operations and Training, jump right in to talk about...

15 Dec Law Firm Planning for a New Fiscal Year

Posted at 17:40h in Blog, Business Development, Finance, Information Technology, Practice Management by lexicon

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It’s that time of year again - the impending new year celebration at your law firm most likely means you are also gearing up for a new fiscal year. That planning and strategizing typically involves reevaluating how you are spending your law firm’s money and...

16 Nov Improving Your Firm’s Collection Rates – The LeXFactor

Posted at 10:00h in Finance, Podcast, The LeXFactor by lexicon

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In this episode, Brooke Lively, Founder of Cathedral Capital, virtually visited the Lexicon studio and chatted with hosts Lauren Hoffmann and Brad Paubel about improving law firm collection rates and the strategy behind cash flow forecasting. The trio dives into the average collection rate for...

19 Aug Money, Money, MonNAY – Credit Cards Are Good for a Law Firm’s Accounts Receivables – The LeXFactor

Posted at 10:00h in Finance, Podcast, The LeXFactor by lexicon

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In this episode of The LeXFactor, a lawfully good podcast, Lexicon Brand Manager Lauren Hoffman and CIO Brad Paubel welcome Dave S. Christensen, Partner and Co-Chair of the Mechanical Practice at Cantor Colburn LLP, establishing the right credit card acceptance function can have a very positive impact...

01 Jul Attorneys Eyeing NFT Litigation as New Revenue Source – The LeXFactor Briefs

Posted at 20:39h in Finance, Podcast, The LeXFactor Briefs by lexicon

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Lexicon Brand Manager Lauren Hoffmann is the host of The LeXFactor Briefs, looking at what’s making news in the legal industry. In this episode, Lauren and co-host Brad Paubel, Lexicon’s chief information officer, address the latest crypto-currency craze as litigators are keeping a close eye...

16 Jun Why Poor Timekeeping Could Be Costing Your Firm (And How to Fix It)

Posted at 19:37h in Finance, News, Practice Management by lexicon

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Lexicon CEO Scott Brennan and CFO/COO Tom Boster recently co-wrote an article that appeared in Legal Management (the official publication of the Association of Legal Administrators) explaining an undisciplined approach to proper timekeeping behavior and principles is detrimental to both law firms and clients alike....

25 Jun Lexicon Partners With Usio to Maximize Software Capabilities

Posted at 21:27h in Finance, Practice Management, Software by lexicon

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Improving the legal experience is what we do, and we consistently are looking for new and innovative methods of improving our professional services and battle-tested software.We also look for creative partnerships that will maximize the performance and potential of our existing product. Partnering with Usio Today, we...

04 Dec The Importance of Budgeting for Technology at Your Law Firm

Posted at 19:32h in Finance by lexicon

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By budgeting for legal case management software, you are investing in your law firm’s future and its ability to stay competitive in the market. Staying competitive is essential in maintaining a foothold in your market, and through the use of this technology, you can gain...

07 Mar So You Want To Build Your Own Law Firm

04 Jan Pro Tips on Practice Financials – The Entrepreneurial Lawyer

15 Dec Law Firm Planning for a New Fiscal Year

16 Nov Improving Your Firm’s Collection Rates – The LeXFactor

19 Aug Money, Money, MonNAY – Credit Cards Are Good for a Law Firm’s Accounts Receivables – The LeXFactor

01 Jul Attorneys Eyeing NFT Litigation as New Revenue Source – The LeXFactor Briefs

16 Jun Why Poor Timekeeping Could Be Costing Your Firm (And How to Fix It)

25 Jun Lexicon Partners With Usio to Maximize Software Capabilities

04 Dec The Importance of Budgeting for Technology at Your Law Firm

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