Archive for February, 2014

What is a Balance Sheet? – Part 1 of 2

Wednesday, February 26th, 2014

Watch this episode in the “Business Basics for Trial Lawyers®” video series to briefly overview the structure of a balance sheet.

If you have any questions or would like to suggest a topic to be covered in future videos, please click here to send me a message or tweet to me at @MichaelJSwanson.

To view a playlist of the Business Basics for Trial Lawyers® video series on YouTube, click here: https://www.youtube.com/playlist?list=PLmIE0cCmCl45PLAaRs7DNoIFLuV3_BD3K

Tags: "Contingent Fee Law Firms", "How David Beats Goliath", "Law Firm Finance", accounting basics, assets, balance sheet, business basics, Business Basics for Trial Lawyers, Case Expense Financing, equity, law practice management, liabilities, Michael J. Swanson, net income, profit
Posted in Industry News, Video Blogs | No Comments »

My EPN Interview as a 7th Amendment Advocate.

Tuesday, February 25th, 2014

 

I was recently interviewed for the second time by Eric Dye for Enterprise Radio’s Entrepreneur Podcast Network. During this interview, Eric and I discussed the following topics:

• Why the seventh amendment is important.
• What is a contingent-fee contract and it’s important role in society.
• Why the contingent-fee business model is challenging for law firms to manage.
• General financial advice.
• The top 12 mistakes and how many of them translate to small business in general.

Click here to listen to my interview.

Tags: "Attorney Lines of Credit", "Contingent Fee Law Firms", 7th Amendment, Advocate Capital Inc, Enterprise Radio, Entrepreneur Podcast Network, EPN, Eric Dye, financial mistakes, law practice management, Michael J. Swanson
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New Amazon Book Review of How David Beats Goliath®

Monday, February 24th, 2014

How David Beats Goliath – Access to Capital for Contingent-Fee Law Firms just received another great review on Amazon.

Reviewer David P. Markoff, of Atkins & Markoff in Oklahoma City, gave the book a five star rating and stated,

“…Mike Swanson’s book is a must read for understanding how law firms mismanage cash flow and what options are available to them.”

Click here to read the complete review.

 

To purchase a digital or paperback copy of How David Beats Goliath, click here.

Tags: "Contingent Fee Law Firms", "How David Beats Goliath", "Law Firm Finance", Amazon, Atkins & Markoff, Book review, Case Expense Financing, David P. Markoff, how david beats goliath, Michael J. Swanson, OK, Oklahoma City
Posted in Book Updates, How David Beats Goliath | No Comments »

Three Key Financial Statements

Wednesday, February 19th, 2014

Watch this episode in the “Business Basics for Trial Lawyers®” video series to learn about the three key financial statements every trial lawyer should know how to read and understand.

If you have any questions or would like to suggest a topic to be covered in future videos, please click here to send me a message or tweet to me at @MichaelJSwanson.

To view a playlist of the Business Basics for Trial Lawyers® video series on YouTube, click here: https://www.youtube.com/playlist?list=PLmIE0cCmCl45PLAaRs7DNoIFLuV3_BD3K

Tags: "Contingent Fee Law Firms", "How David Beats Goliath", "Law Firm Finance", accounting basics, assets, balance sheet, business basics, Business Basics for Trial Lawyers, Case Expense Financing, cash flow statement, equity, income statement, law practice management, liabilities, Michael J. Swanson, net income, profit
Posted in Industry News, Video Blogs | No Comments »

My ePodcast Network Interview

Tuesday, February 18th, 2014

I had my first interview by Eric Dye for Enterprise Radio’s Entrepreneur Podcast Network in July of 2013. During the interview, we discussed the good work that trial lawyers do in their communities and the vital protection of our seventh amendment rights, and I had the privilege of talking about my book, How David Beats Goliath – Access to Capital for Contingent-Fee Law Firms.

Click here to listen to my interview.

Tags: "Contingent Fee Law Firms", "Law Firm Finance", Advocate Capital Inc, Case Expenses, Entrepeneur Podcast Network, Eric Dye, how david beats goliath, How David Beats Goliath – Access to Capital for Contingent-Fee Law Firms, Michael J. Swanson
Posted in Industry News | No Comments »