Balancing the Lawyer Budget: A Values-Based Approach to a Balanced Life

Lawyers have a number of competing goals when thinking of how to manage their money. And no one really likes budgeting, except maybe those financial folks, right? Jessica Medina, a former lawyer turned Accredited Financial Counselor, will be taking us back to the beginning by demonstrating a way lawyers can look at their money that doesn't involve tracking every single expense every single day for themselves and their firms. Lawyers do enough tracking when it comes to their time!

This presentation provides a framework that lets you stop budgeting and finally bring balance to your spending plan for lawyers - you'll get all the necessary stuff covered for your practice and firm while leaving room for the luxuries, however, you define them.

Learning Objectives:

1. Examine and evaluate you and your firms' current spending & allocation of financial resources
2. Develop a "legal" framework to adjust allocation of billable fees, firm expenses, etc. as needed over time
3. Establish a streamlined system for managing cash flow as a lawyer