If fraud prevention/ risk management isn’t on your high priority list, it should be! Lawyers who conduct financial transactions for their clients (such as real estate or estate litigation […]
Cosgrove Associates Inc. articles on law firm profitability and interim office management.
The Monthly Meeting
Keeping law firms on track Our Services: Cosgrove Associates is generally retained by law firms to either undertake profitability projects or act as interim office management. Most of our […]
Covid-19 Trends and Interim Office Management Support
What’s Trending? As law firms position themselves to succeed in the balance of 2021 and beyond, understanding and leveraging current trends in staffing, worker supports, technology, and client expectations […]
Tips to Avoid Lost Revenues (Part One)
As an associate with Cosgrove Associates Inc., I have worked on collections projects with several client firms and would like to share our tips to prevent lost revenues. Every […]
Tips to Avoid Lost Revenues (Part Two)
In Part Two, Cosgrove Associates will focus on billing practice and collections policy. 7. Regular billing cycle: Send bills out at regular intervals, or at the end of work […]
Small Firm Practices can be Highly Profitable
Maintaining a healthy level of profit in a small or sole-practise law firm can be tough, and there’s no magic bullet for success. In fact, sometimes your first instincts […]
Marketing Basics for Associate Lawyers
In my experience with law firms, it is quite common to come across new associates who have had very little training in law school on how to market themselves. […]
Measuring Law Firm Profitability
Many law firms measure their own profitability by a simple net income to revenue percentage. Although an important statistic, this can miss important factors contributing to the profitability of […]
Top ten challenges of small and mid-sized law firms
Cosgrove Associates is an Ontario legal management consulting firm whose associates immerse themselves into small and medium-sized law firms to provide specialized financial and administrative management services on a […]
Choosing the right accounting software
With new accounting products entering the market, there are several factors to consider before choosing a program for your law firm. Traditionally, there have been a couple of major […]
Equity, diversity now compliance issues for law firms
Equity, diversity and inclusion (EDI) are now compliance issues for Ontario law firms. Following a contentious vote at its late 2017 Convocation, the Law Society of Ontario (LSO) adopted a […]
LSO Spot Audits: Be prepared
If law firms take a proactive approach to record-keeping protocols, a Law Society of Ontario (LSO) spot audit will be much less disruptive and stressful. Designed as a compliance […]
Financial Profitability
- The Monthly Meeting
- Tips to Avoid Lost Revenues (Part One)
- Tips to Avoid Lost Revenues (Part Two)
- Small Firm Practices can be Highly Profitable
- Measuring Law Firm Profitability
- Top ten challenges of small and mid-sized law firms
- Choosing the right accounting software
- Eliminate productivity blockers: Part Two
- Eliminate productivity blockers, boost profitability and efficiency: Part One
- Creative billing alternatives
Law Firm Management
- Fraud prevention for your practice
- The Monthly Meeting
- Covid-19 Trends and Interim Office Management Support
- Tips to Avoid Lost Revenues (Part One)
- Tips to Avoid Lost Revenues (Part Two)
- Measuring Law Firm Profitability
- Top ten challenges of small and mid-sized law firms
- Choosing the right accounting software
- Equity, diversity now compliance issues for law firms
- LSO Spot Audits: Be prepared