Solo and Small Firm
The Practitioner VOLUME 30, ISSUE 2, AUTUMN 2024
Content
- Always Follow the Rule of Three
- California's New Civility Guidelines: Fostering a Courteous Profession
- EXECUTIVE COMMITTEE & EDITORIAL BOARD
- Financial Planning - An Introduction
- How's the Water Everyone?
- Letter From the Chair
- Letter From the Editor
- Next Generation Law: How Automation Technology Is Collaborating With Lawyers To Revolutionize the Legal Profession
- Table of Contents
- Ten Ways Law Firms Lose Big Money
- Achieving Fiscal Efficiency In a Small Law Office: Navigating Expenses Within Ethical Bounds
ACHIEVING FISCAL EFFICIENCY IN A SMALL LAW OFFICE: NAVIGATING EXPENSES WITHIN ETHICAL BOUNDS
Angelina Ray*
Running a small law office demands not only legal acumen but also fiscal prudence. In the pursuit of fiscal efficiency, it is paramount for attorneys to strike a delicate balance between managing expenses and upholding the ethical standards set by the California Rules of Professional Conduct. This article explores strategies for creating fiscal efficiency in a small law office while providing insights into what expenses are billable and the ethical considerations outlined by the California State Bar.
FOUNDATIONS IN ETHICS: CALIFORNIA RULES OF PROFESSIONAL CONDUCT
Before delving into fiscal considerations, it is crucial to establish a framework rooted in ethics. The California Rules of Professional Conduct provide the ethical guidelines that attorneys in the state must adhere to in their professional practice. Rule 1.5, addressing fees and division of fees, and rule 1.15, focusing on safekeeping property, are particularly relevant when considering expenses and costs.