The Business of Practicing Law

September 2007
 
The Business of Practicing Law
 
Learn the bottom-line financial and practice management concepts you need to prosper financially as you practice law!
 
Learn not only the financial and management concepts you need to run a prosperous law firm, but also simple, easy-to-implement strategies for actually applying those concepts in your own practice.
 
For example, will hiring an assistant make your firm more profitable?  Are you using the right method for collecting your fee?  Are you using the right marketing approach for your type of practice?  Attend The Business of Practicing Law and find out!
 
The program includes topic segments addressing the following key concepts:
 
- Financial management skills and knowledge you can really use.  You're a lawyer, not a CPA.  Here are the financial management concepts and skills a lawyer needs to make smart, big-picture business decisions.
 
- The business plan – why you need one and how to create one.  The old saying, “fail to plan, plan to fail,” is as true today as ever.  Get a business plan and get on track - it is not as hard as you think!
 
- Manage your time better.  Work hard, but also work smart.  Learn some easy steps you can take to earn more while stressing-out less.
 
- Leveraging your support staff.  Do you need an assistant?  Would you make more money and enjoy your practice more if you had one?  Are you assigning the proper tasks to your assistants?  Are you running the risk of the unauthorized practice of law?  Find out from the experts!
 
- Get paid for your hard work.  Learn how to dramatically increase your collection results!
 
- Law firm marketing.  Marketing – blah, blah, blah.  You know the drill:  You need a website!  A blog!  Advertisements in the yellow pages!  On radio!  You need tee times with the right people!  Learn how to determine the market you should be trying to reach and how to promote yourself to the people in that market.
 
Our experienced marketing consultant will explain key marketing concepts in clear, easy-to-understand language.  Then you will receive invaluable marketing advice from our practitioner experts – attorneys who have learned what works by actually trying different marketing approaches in their practices.  They will tell you what worked, what didn't, and why.  Our faculty will teach you the most cost-effective marketing and promotion for both transactional and litigation law practices.
 
Don't miss this useful, practical program.  Learn how to earn more and have more fun practicing law!
 
Program Highlights
 
- Nationally recognized experts!
- Practical, real-world help!
- In-class demonstration of simple, low-cost law firm financial analysis software!
- Ethics credits!
 
- Bottom-line financial management concepts explained in lay terms
- Why you need a business plan and how to create one
- Easy ways to manage your time more effectively – earn more and worry less
- Leverage support staff to create more wealth and enjoyment for you and your assistants
- Learn how to assign tasks to your support staff while avoiding the unauthorized practice of law
- Real-world marketing help, including marketing approaches for different kinds of firms
- How to improve your fee collection results
 
Agenda
 
8:30 AM
Registration
 
9:00 AM
Financial Management 101 for Attorneys
- Law firm economics – what factors impact profits per partner
- Financial reporting – less is more
- How to “run the numbers” – the impact of cash basis accounting
- Creating your financial plan and budget
Presented by Ellen Freedman, CLM
 
10:00 AM
Law Firm Business  Plan (live “netcast”)
- Why you need a plan
- How to create your business plan
- Adjusting your business processes to meet your goals
- Demonstration of low-cost software you can use to track your progress in meeting your financial goals
Presented by Edward Poll
 
10:50 AM
Break
 
11:05 AM
Managing Your Time To Create More Fun and Profit
- Earn more, stress-out less
- Reduce malpractice worries
- Tools to help you manage time
- Discover unbilled time being worked that can be reduced, eliminated, or billed
- And more!
Presented by Reba J. Nance
 
11:55 AM
Lunch – On Your Own
 
1:20 PM
Getting Paid
Learn a proven method for dramatically improving your collection results!
Presented by Ellen Freedman, CLM, and Reba J. Nance
 
2:10 PM
Law Firm Marketing – Real World Advice from the Experts
- Internet versus traditional marketing
- Analyze your type of practice to determine the most cost-effective types of promotion for your firm
- Real-life examples of marketing strategies that worked – and those that didn't
- Find out how even a small investment in marketing can mean big improvements in your financial bottom-line
Presented by Julian M. Izbiky, Alan J. Rubin, and Linda J. Chalat
 
3:35 PM
Break
 
3:50 PM
Leveraging Your Support Staff and Preventing the Unauthorized Practice of Law
- Do you need an assistant?  Would you make more money if you had one?
- Training for support staff – learn how to increase your staff's capabilities to make your firm more profitable
- How to divide up tasks and assign to attorney or support staff based on cost-effectiveness of time expended
- Preventing the unauthorized practice of law by your support staff
Presented by Reba J. Nance and Ellen Freedman, CLM
 
4:40 PM
Adjourn
 
Faculty
 
Linda J. Chalat
Chalat Hatten Law Offices
Denver, CO
 
Ellen Freedman, CLM
Pennsylvania Bar Association
Freedman Consulting, Inc.
Managing Partner Development Institute, LLC
Ambler, PA
 
Julian M. Izbiky
Law Office of Julian M. Izbiky
Englewood, CO
 
Reba J. Nance
Law Practice and Risk Management Director
Colorado Bar Association
Denver, CO
 
Edward Poll
LawBiz Management Company
Venice, CA
 
Alan J. Rubin, MBA
Useful Knowledge, LLC
Golden, CO
 
 
Video Replay: October 26, 2007
Denver:  1900 Grant Street, Suite 300
Colorado Springs:  421 South Tejon Street, Suite 100
Grand Junction:  1250 East Sherwood Drive
 
 
 
 
 

Location Information
CLECI Large Classroom
1900 Grant Street, Suite 300
Denver, CO 80203
Get directions
Registration Fees
$249.00
CBA $229.00
$199.00
$199.00
CBA $149.00
$149.00
  • General Credits: 5.00
  • Ethics Credits: 0.50
  • EDI Credits:

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Start Date - End Date
September 28, 2007
Start Time - End Time
9:00 AM - 4:40 PM
Event Location
CLECI Large Classroom
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