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Home Attorney Resources Mid-Size Law Firm Guide

The mid-size law firm guide to legal outsourcing

Written for mid-sized firms, this guide provides insights, recommendations, and solutions to the most pressing challenges those firms face today, and shows how legal outsourcing helps you run a more efficient firm.

$200K
Median first-year salary, NALP 2023
+21.2%
Up on 2021
6
Chapters

What's inside

The full guide, section by section

Six parts on the economics facing a mid-size firm, written for firms carrying the cost of full-time associates. Here is the shape of it; the PDF has the salary data and the worked numbers in full.

1

The cost of hiring an associate

Why the cost structure of full-time in-office associates is proving unsustainable for many mid-sized firms.

2

The costs of operating a law firm

Payroll and benefits, office and equipment, insurance and bar dues, taken line by line.

3

Managing finances for a law firm

How the money is tracked, forecast and kept under control.

4

Pricing strategies to maximize profits

The love hate relationship with the billable hour, and what else is on the table.

5

Do you really need a bricks and mortar office

Why a physical office is no longer a strict necessity, given virtual tools.

6

Let's get started

Where a mid-size firm begins, once the numbers are on the table.

"

To put it bluntly, underutilized associates in a traditional salary model consume firm profitsto the detriment of the firm’s partners.

MS
The Mid-Size Law Firm’s Guide to Legal Outsourcing
On the cost of carrying an associate through a slow quarter

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