Debt collection is one of the least glamorous and most crucial steps in law firm profitability. Collection is a critical part of what is widely known in the legal […]
Cosgrove Associates Inc. articles on law firm profitability and interim office management.
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 […]
Eliminate productivity blockers: Part Two
Productivity blockers can inhibit a law firm’s profitability and efficiency. In my role at Cosgrove Associates, I often act as an interim office manager for client law firms. By […]
Eliminate productivity blockers, boost profitability and efficiency: Part One
As an associate with legal practice management specialists Cosgrove Associates, I focus a lot of my time on eliminating “productivity blockers” which stand in the way of our clients’ […]
Balancing flexible work hours
Firms are increasingly feeling the pressure to offer flexibility in work hours and remote access to their employees, but these options should be offered within reason. There has to be a balance […]
Creative billing alternatives
With growing pressure on law firms to bill with more predictability, clients would like to see such services more like a commodity instead of billed on an hourly rate. […]
Financial Profitability
- Collections: Law firms should take proactive approach
- 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
Interim Management Administration
Law Firm Management
- Collections: Law firms should take proactive approach
- 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
- Eliminate productivity blockers: Part Two
- Eliminate productivity blockers, boost profitability and efficiency: Part One
- Balancing flexible work hours
- Creative billing alternatives