Breakout session 3 | Starting a practice bootcamp: Managing a law firm like a business, not a hobby

We will review the metrics and financial information you must have to be a successful business owner, not just a lawyer with a job in your own law firm. Where to start and how to find the resources you need to run your law firm like a business.

You will learn:

How and why to have a business plan.
How and why to have a budget.
How and why to have a cash flow prediction report.
How and why to have a marketing plan with marketing campaigns.
How and why to measure ROI (return on investment) for people and marketing.
How and why to monitor team members productivity for hourly or flat fee billing.
How and why to monitor leads and conversion rates (from lead to client).

Speaker: TBA

Opinions and positions stated by presenters of MoBarCLE programs are those of the presenters and not necessarily those of The Missouri Bar. This program is intended as information for lawyers in Missouri, in conjunction with other research they deem necessary, in the exercise of their independent judgment.