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Lawyers need balance as well as good business skills

Thursday, July 19, 2018 @ 8:59 AM | By Jasmine Daya

Running a law firm is actually running a business. Lawyers are good at, well, lawyering. Many are not good business people.

Where do you learn how to pay attention to your expenses, accounts receivable, your work-in-progress and your client default rate?

It is not taught in law school, so unless you are fortunate enough to have a savvy lawyer who is your mentor, or a really sharp managing lawyer, your law firm may experience some unwanted turbulence.

Related to this is the issue of — dare...