Thursday, January 28, 2021
12:00 PM to 1:30 PM (Eastern Standard Time)
Webinar
Access Recording
Presented by the Connecticut Bar Institute
About the Program
Most attorneys go to law school with the promise there won’t be any math. Once they own their own practice, they realize the “numbers” are an integral part of owning a business – and yet they don’t know how to use them. Founder of Cathedral Capital, entrepreneur, CFO, and profitability specialist Brooke Lively has compiled and condensed her MBA and everything she has learned helping lawyers grow and scale their firms in this crash course. Discover, understand, and learn how to monitor and use the important "numbers" in your firm.
You Will Learn
- The 6 Key Numbers that should be tracked in every firm
- How to find those numbers, who is responsible for them, and how often to look at them
- How to take a deep dive into production to understand:
- The importance of billing goals and how to effectively implement them
- The capacity of their firm in terms of work that can be done by existing staff
- How to use WIP to project cash flow
- How to improve collections
- The mechanics of creating a Cash Flow Forecast (excel document provided) and how to use it to improve firm operations
Who Should Attend
Any attorney who runs, or is interested in running, a profitable law firm.
Cost
(Includes electronic materials)
Member $25
Non-Member $50
Student Member $15
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CLE Credit
CT: 1.5 CLE Credits (General)
Contact
Member Service Center