Tech Tip #37: How to Overcome Solo & Small Practice Management Challenges
For Canadian lawyers who decide to run their own firm, practice management is a critical factor in their eventual success or failure. Effectively managing a law firm requires an understanding of how different areas of the business are connected and work together. Otherwise, you run the risk of losing decisions in the courtroom, losing revenue, and even falling out of compliance with some of the stringent regulations Canadian firms face.
The practice management areas that you should pay attention to include:
- Legal Time & Billing
- Business Accounting
- Trust Accounting
- Events & Tasks
- Documents & Email
Learn more about these five major practice management challenges and how to overcome them.