a member of the 
Many technically talented lawyers become partners or shareholders in law firms without ever getting answers to these questions. As a result, most law firm partners today are excellent lawyers, but many lack a working understanding the financial implications of owning a professional services business.
Understanding Law Firm Economics bridges this gap.
The principal components include:
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A custom-designed developmental program specific to the economic structure of your law firm
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A custom-edited edition of the Walker Clark deskbook Understanding the Economics of (Your Firm) for each participant
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Two half-day business meetings --- one at the beginning of the program and one approximately 90 days later --- to explore in depth factors affecting law firm profitability and the individual partner's role in the firm's long-term financial performance
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The Walker Clark Living Case StudyTM --- individual action plans and 90 days of individual coaching by Walker Clark business advisors to help each participant apply Understanding Law Firm Economics to his or her practice
Who needs to participate?
This program is designed for recently-elected partners and senior associates who are within two years of eligibility for partnership.
Next steps
To learn more about Understanding Law Firm Economics, or to request a proposal for your firm, please contactusk by e-mail or by telephone at 1.239.466.8370.
