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Small Law Firm Finances

  • Training

  • Massachusetts Continuing Legal Education, Inc. (MCLE)
  • ID: 5944588
Starting a law practice is exciting, demanding, and rewarding. The Hanging Your Shingle series is an unparalleled opportunity to learn how to avoid pitfalls and take charge of your career. This concentrated and thorough program offers a conversational environment that offers a unique chance to learn how to run your own law practice.

Growing your solo or small firm business can be difficult. How long should you expect to wait for billings? When can you expect to regularly draw your salary from your firm? What software should you be using? When should you step aside and bring in an accountant? When should you start to worry about cash flow? Spend a few hours with the host and get the answer to these questions and some of your own. Learn how you canhandle your firm finances and increase your profits!

Course Content

2:00 pm - 2:10 pm
How Much Do You Need to Get Started? Staffing Costs, Rent, Insurance and Other Fixed Expenses
Gabriel Cheong, Esq.,
Infinity Law Group LLC, Quincy
Sofia S. Lingos, Esq.,
Trident Legal LLC, Boston

2:10 pm - 2:20 pm
How Do You Prepare a Financial Plan?
Sofia S. Lingos, Esq.,
Trident Legal LLC, Boston

2:20 pm -2:30 pm
Compensation Structures
Sofia S. Lingos, Esq.,
Trident Legal LLC, Boston

2:30 pm - 2:40 pm
Fee Schedule & Engagement Letter - Presenting Your Prices
Gabriel Cheong, Esq.,
Infinity Law Group LLC, Quincy
Sofia S. Lingos, Esq.,
Trident Legal LLC, Boston

2:40 pm - 2:50 pm
How and How Much Should You Be Billing? How Do You Collect from Clients?
Gabriel Cheong, Esq.,
Infinity Law Group LLC, Quincy
Sofia S. Lingos, Esq.,
Trident Legal LLC, Boston

3:20 pm - 3:30 pm
Accounting Basics - What You Need to Do
Michael P. Moriarty,
R.J. Gold & Company, PC, Burlington

3:30 pm - 3:40 pm
Profits and Expenses: Balancing the P&L in Your Favor
Michael P. Moriarty,
R.J. Gold & Company, PC, Burlington

3:40 pm - 3:50 pm
How to Pick an Accountant That Works for You
Gabriel Cheong, Esq.,
Infinity Law Group LLC, Quincy
Sofia S. Lingos, Esq.,
Trident Legal LLC, Boston
Michael P. Moriarty,
R.J. Gold & Company, PC, Burlington

Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Speakers

Chair
Gabriel Cheong, Esq.,
Infinity Law Group LLC, Quincy

Faculty
Sofia S. Lingos, Esq.,
Trident Legal LLC, Boston
Michael P. Moriarty,
R.J. Gold & Company, PC, Burlington