This consulting package is the most comprehensive that Legal Management Services, Inc. offers law firms.  This is a great program for law firm’s that want to see the most improvement in their firm’s efficiency, growth, and profitability.  This program would be conducted personally by Jerry Schwartz, President of Legal Management Services, Inc., onsite at the law firm.  The program includes observation and analysis of the firm through interviews with integral law firm staff, review of key financial and management reports, filing, and billing systems.  This program also includes reviewing the firm’s management structure, technology, research capabilities, marketing, and office space.    At the conclusion of this firm analysis, a report is generated of observations and recommendations which can be used by the law firm as an action plan to improve. 

This program’s goal is to focus on profitability improvement.  A summary of each area of the law firm’s business that this program analyzes and reviews are as follows:

This program is focused on improving the financial reporting and profitability of a law firm.  This program analyzes the law firm’s financial and management reports.  This program is usually handled by Jerry Schwartz consulting virtually by exchanging information via telephone, email, fax, and express shipping.  The conclusion of this program results in a summary report and to-do list for the firm and to help the owners achieve financial independence.     

Once the firm has completed the "Law Office Consultant Program" or the "Law Office Financial Coaching Program", the law firm can then benefit from ongoing services from Legal Management Services, Inc., through this program.  Periodic review of management and financial reports is essential.  Monthly or quarterly financial reviews keep law firms on track to meet their financial goals.

Other legal firm scenarios where Legal Management Services, Inc. programs have helped law firms are as follows:

• Start Up and Merger Consulting
  Starting a practice or merging attorneys from other law offices requires a detailed plan and organization skills to implement the plan.  This consulting service provides start-ups and merging firms with the information critical to success.  Developing a to-do list, timeline, capital budget, pro-forma of financial operations and cash flow projections is essential to the successful opening or merger of a firm.
• Compensation Systems
  Legal Management Services, Inc., serves clients in the tricky area of creating an effective law firm compensation system.  Law firm compensation system design can be a difficult task. Using various criteria, which build on the strengths of the partners, is essential to a successful outcome.  Matching the objective criteria to existing financial data systems is crucial for ease of calculation.  Developing the compensation management structure and subjective criteria that will be used is essential to the success of the firm.
• Attorney Personal Coaching
  Jerry Schwartz has worked with and coached successful individual attorney professionals.  It is the equivalent of a "personal trainer" for improving your financial success.  This coaching service gives an attorney many one on one meetings with Jerry Schwartz and comprises three areas.  The coaching starts with developing an individual attorney’s personal organizational and management skills as well as ultimately a personal development plan.  This leads to developing the attorney’s personal financial plan as a means to manage financial expectations.  Next, a work plan is made to maximize compensation.  Finally, a future plan is developed with the attorney which focuses on a marketing and long term strategic plan for continued financial success.  The main goal is to leverage the legal practice to aid partners in becoming financially independent.  A summary of the area where the individual attorney will be coached are as follows:
  
  1.   Personal Development Plan – Developing a statement of net worth, developing a personal budget to control expenses, and financial goal setting.
  2.   Office/Work Plan - Develop procedures to maximize timekeeping, client billing, Manage workload through client lists and diaries, Periodic review of accounts receivable, work in process and collections, and Improve profitability through leverage of professional and support staff.
  3.   Future Plan - Determine professional goals, Develop client retention procedures, Develop client origination procedures.