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Career Builders: Finances
Clients and Successful Billings
Lawyers can control fee collection to a greater degree than they usually believe is possible. But they must communicate with clients at their level of understanding, and do so frequently.
A Recession Coping Guide for Canadian Law Firms
The legal profession is feeling the effects of the economic downturn, but there are steps you can take to lessen the impact. From renegotiating what you pay for office supplies to asking partners to take a cut in pay, here are the top 10 tips for survival.
Strategies for Surviving a Recession
The signs are clear. The world is definitely in a recession, even if the tsunami has not yet washed over Canada’s shores. So what can law firms do now to prepare for the hard times?
Associate Salaries: Higher and Higher?
Today’s talk of recession has dampened speculation about the next big pay raise, and associates are under the microscope to justify such big salaries.
The New Breed of Associate
Calgary’s Thackray Burgess might just revolutionize associate compensation.
Clients and Successful Billings
Although the main purpose of a bill is to make sure that the firm gets paid, there is a secondary purpose that lawyers often miss: to leave the client with a favourable impression of the services he or she received. In other words, the bill is another tool for client communication.
How to Get Paid
These columns address a variety of issues—structuring an engagement letter, raising your fees, working with your banker on cash flow management—all of which have the same basic theme: helping you get paid.
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