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Expert Analysis

7 Deadly Business Mistakes That Can Tank Your Law Practice

Law360, New York (December 15, 2015, 12:57 PM EST) -- As attorneys know too well, becoming qualified to practice law requires a significant amount of time in school. While the classes focus on important topics such as civil procedure, torts and legal research and writing, basic business courses are not required. That means many attorneys graduate from law school without taking a single business class and with no formal schooling or overall knowledge on how to position, grow and manage a law practice. Some law school graduates may not know how to read a balance sheet, profit and loss statement or how to improve the bottom line to boost profitability....

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