Now that you are on the "inside," this information will power up your job performance in many ways. More on that below.
You are not alone. From equity partners to law students and C-suite leaders to marketing managers – so few know how the law firm financial model actually works. I have shared this course with hundreds of people over the last few years and each time I get the same reaction . . . "wow, I had no idea. I never could understand it.”
At first, I didn’t think any of this material was a big deal. That is because I took it for granted. People have reminded me I shouldn’t and that I should share it more.
It's true. The dominant way firms operate financially is understood by so few.
Should everyone know this? Everything seems to work just fine as it is with so few people knowing. I get it. But something happens when people catch a glimpse of what is actually going on inside a firm. They start to see things differently. They can see why certain decisions are made. They can predict behavior better when they are looking to make change. They gain a clearer sense of the stress and pressures put on partners.
In short, now you will get smarter and more capable of navigating the firm culture and operations. Once you can speak the language of law firm finance, you can better shape and predict what can get done and how to proceed.
I have worked in IT (and now Practice Innovation) at law firms for over thirty years. Your course has demonstrated how little I know – and I thank you for enlightening me. Thanks so much!!
The law firm finance course is a great overview of how finances work for law firms, and really helps everyone gain a solid foundation on the expectations and pressures of working in a law firm. Even for a long-time partner like myself, the course is easy to follow, easy to understand, and will educate those new to the profession as well as those who have been around for a while. I certainly picked up a few things!
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