Ok so 3 more posts today that I’ve dug up – I’m an information JUNKIE on this stuff lately. Give em a browse and let me know what ya reckon. They’re just from a few different sites I’ve been surfing lately that are generally good for information like this…
Creative Way of Deferring Hires from Law Firms
Similar to many of Read the rest of this entry »
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Mesothelioma Lawyers – How To Choose Them Correctly
by: Peter Rutherford
Mesothelioma is a rare form of cancer that occurs in the mesothelium, a protective sac that covers many of our internal organs. In around 80% of cases people who develop mesothelioma have worked in environments where they have been exposed to Read the rest of this entry »
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What is the name of a law firm that has a license to practice law in Illinois, Michigan, Wisconsin and Indiana
Brown and Crupen?…
Why Litigation Is Nothing More Than A Business Tool – 26 Unbreakable Rules of Litigation!
by: Daniel S. Peña, Sr
From Bill Gates at the end of the last century to John D. Rockefeller Read the rest of this entry »
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How Does One Find Faith? Fallen Away Catholic
by: Michael A. S. Guth
The title of this article is a question that William F. Buckley initially posed to the British essayist Malcolm Muggeridge in one of the best programs ever produced in the PBS television series Firing Line. Muggeridge answered the question by noting Read the rest of this entry »
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If you are like many law firms, there is no doubt that within this challenging economic climate you are under increasing pressure to control costs and eliminate wasteful spending. Despite the fact that you are probably already working with a smaller budget, you are also continuously being challenged to pore over every line item in your budget to extract additional savings. By conducting a thorough review of your firm’s office supplies expenses, you can identify:
· The products your firm is ordering on a regular basis
· The products your firm is actually using on a regular basis
· The quantities being ordered and frequency of reorders
· The prices your firm is paying for each item
· Whether or not your firm’s ordering patterns are optimal given past usage history
Having this information at your fingertips will not only help you make necessary budget cuts and adjustments, but will also highlight potential process improvements and supplier changes that can ultimately result in significant time and dollar savings. In addition to the office supply review, there are many other cost savings opportunities for your firm. Some examples include:
1. Consolidating your firm’s purchasing with a single vendor and standardizing product usage in order to fully leverage your firm’s purchasing volume to achieve cost savings (this is true whether your firm has a single location or multiple offices). Consolidation will also reduce overall procurement and accounts payable costs.
2. Choosing a supplier-partner that is willing to work with you to review your current purchases and make recommendations for high quality product alternatives at competitive pricing. Many “generic” brands can be good alternatives to national brands, offering the same quality and performance at a fraction of the cost.
3. Partnering with a supplier that offers quick delivery, which can enable you to keep your inventory levels lower to ensure that your firm is not over-purchasing.
4. Avoiding vendors that have accounts receivable policies that include interest charges and late fees.
5. Working with a supplier that offers free or reduced shipping. In addition, you should be sure to purchase at the minimum order value so that you do not incur handling fees and eliminate costly “one off” trips to office supply stores.
6. Choosing providers that have the capability to provide you with purchase history reports (in print or electronic form) so that you can better track your firm’s expenses.
7. Avoiding an “open door” supply room policy. Storing items in “secure” areas and assigning a “gatekeeper” to track usage is a great way to minimize wasteful depletion of inventory.
8. Selecting your supplier based on ordering vehicle options (e.g., phone, fax, online) that are compatible with your firm’s business operations. Don’t choose a supplier that forces you into ordering processes that disrupt your day or are outside of your normal operations as this will take away from your daily efficiencies.
Remember…While your budget will be more challenging to maintain, track and reduce than it has been in the past, there are simple steps that you can take to do more with less while ensuring that you have what you need to run your law firm.
Need HELP? If you haven’t already discussed these and other cost saving opportunities with your ASL representative, call 800.222.0510 today. For immediate inquiries, email us at email@aslegal.com.
About The Author
ALL-STATE LEGAL is dedicated to providing law firms with engraving and printing services and a complete line of legal specialties that translate into a single-source advantage. ASL continues to develop products that make it easier to run your law office, consistently communicate your brand and help your firm go green.
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Lawyer pleads guilty to $9M insider trading scheme – Yahoo! Canada News
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Wed Oct 28, 6:58 AM
A former Toronto lawyer has pleaded guilty in an insider trading scheme that the Ontario Securities Commission alleges netted Read the rest of this entry »
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How To Escape Chase’s Minimum Payment Increase
In reaction to the passing into law of The Credit Card Accountability, Responsibility, and Disclosure Act (aka The Credit CARD Act), credit card issuers are raising rates, fees, and charges prior to the phasing in of the acts provisions beginning in August. Reaction Read the rest of this entry »
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How do I get a job at a law firm in between college and law school?
I'm in my fourth year of college and graduating in the Spring. Any tips for finding a job at a law firm for a year or so before going to law school? Should I just call up all the law firms in my area and ask if they need me or is there a helpful website Read the rest of this entry »
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There was a time when law firms and attorneys used to manually calculate the total billable hours and other aspects related to client projects. There are several firms that still do it manually but the good news is that now you or your firm can use billing software created specifically to handle billing by law firms. Isn’t Read the rest of this entry »
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Are Lemon Law Lawyers Really Worth The Money?
by: Earl Powers
Lemon law had been created to protect the consumer from faulty vehicles. But in order to ensure complete understanding of the law and filing a suit one needs to consult lemon law lawyers. It is not easy to sue the manufacturers with proper help. Consumers Read the rest of this entry »
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