ALA Financial Management 2 Presentation
The Financial Story
Whether you’re steering a large practice or helping manage a solo firm, your ability to lead depends heavily on your financial fluency. Many firms struggle not because they aren’t doing great legal work, but because no one is truly owning the financial narrative. That’s where leadership through financial storytelling comes in.
Managing the Firm Through KPI's
Key Performance Indicators (KPIs) are the bridge between numbers and meaning. They translate complex firm activities into measurable signals that show how you're doing, where you're headed, and what needs attention. This week, you’ll learn how to build a KPI framework that works—not just for reporting, but for leading.
Whether you're a managing partner or operations director, KPIs help you shift from gut-based decisions to evidence-based leadership.
The Financial Story
Whether you’re steering a large practice or helping manage a solo firm, your ability to lead depends heavily on your financial fluency. Many firms struggle not because they aren’t doing great legal work, but because no one is truly owning the financial narrative. That’s where leadership through financial storytelling comes in.
Staffing, Compensation & Capacity Planning — Paying People, Planning Wisely
Your people are your firm’s biggest expense—and your greatest strategic asset. No matter how advanced technology or automation becomes, your law firm’s growth, reputation, and performance will continue to depend on the contributions of talented individuals.
But here’s the challenge: hiring the right team, paying them fairly, and planning capacity to support your goals isn’t always straightforward. You’re juggling compensation strategy, bar rule compliance, productivity metrics, and cash flow management—all while trying to keep morale and performance high.