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Joel A Rose

Joel A Rose

December 11, 2007 | Law.com

Strategies to Enhance Cash Flow for the Benefit of Your Law Firm

Managing partners, financial partners, members of executive committees and administrators must devote more of their time today to planning and managing their firms' finances. Consultant Joel Rose describes several aspects of law firm management and economics recommended to assist improving a firm's cash flow: a business plan; budgets for revenues, expenses and client advances; partner compensation; a recommended new business and billing committee; and partners' capital and borrowing.

By Joel A. Rose

11 minute read

May 10, 2011 | New Jersey Law Journal

Characteristics of Valued Administrators

A skillful administrator, who is the right "fit" for a firm, is an indispensable asset

By Joel A. Rose

6 minute read

March 05, 2007 | Texas Lawyer

Choosing the Best Management Structure for a Firm

There is no "best" approach for structuring any given firm. One firm may fully accept and support an organizational concept that is rejected by another.

By Joel A. Rose

10 minute read

August 17, 2010 | The Legal Intelligencer

Show Me the Money

The complexities and uncertainties resulting from the recession that have intensified the competition among law firms to attract and retain clients, coupled with more productive and profitable partners, have created special financial problems for law firms, especially for those firms that are undercapitalized.

By Joel A. Rose

11 minute read

May 29, 2006 | New Jersey Law Journal

Conducting Client Satisfaction Surveys

In today's highly competitive legal market, attorneys must utilize every opportunity to insure their clients are satisfied. The client survey process may be imperfect � however, every bit of information about what a law firm may do to better serve its clients is important and worthy of consideration.

By Joel A. Rose

7 minute read

June 18, 2007 | The Legal Intelligencer

No Pain, With Gain

The new challenge for law firms today is how to increase profits and reduce clients' legal fees. This article describes seven approaches for enhancing profitability other than by working more hours and charging higher hourly rates.

By Joel A. Rose

10 minute read

October 06, 2005 | The Legal Intelligencer

Formulating a Management Plan for Your Firm's Success

In theory, all partners are created equal, since, by dint of partnership status, they are accorded the same rights and privileges. In practice, however, this is simply not the case, since individual partners invariably have their own ideas about how to perform their jobs and exercise their authority.

By Joel A. Rose

7 minute read

May 05, 2011 | The Legal Intelligencer

Management Practices That Can Enhance Firm Revenue

If the proverbial financial "pie" is adequate, everyone shares accordingly, each in reasonable proportion to their effort expended in the firm's financial success, including the added benefits that accrue by being part of a group. However, if the "pie" is less than adequate to compensate partners in relation to their perceived and real contributions, many difficult issues have to be addressed.

By Joel A. Rose

9 minute read

August 05, 2002 | The Legal Intelligencer

Planning and Conducting Retreats for Law Firms

As a member of the management committee, Roger Smith had a feeling that his law firm was in trouble.

By Joel A. Rose

10 minute read

March 08, 2011 | New Jersey Law Journal

The Law Firm Retreat: Not Just Rest and Relaxation

A law firm retreat can be highly beneficial, as long as it is organized properly.

By Joel A. Rose

7 minute read