A client won’t pay. A partner wants out. A malpractice claim appears from a case closed five years ago. Legal practice strategy means cash flow, risk management, and business development. Write about alternative fee arrangements that align incentives, or collection processes that don’t destroy client relationships. Share associate utilization targets that prevent burnout, or the economics of taking a case on contingency versus hourly. Discuss how to fire a client who demands unethical tactics, or how to merge with another firm without culture clash. Real examples: the solo practitioner who survived a PI case gone wrong, the small firm that replaced billable hours with fixed fees and grew revenue, how one partner navigated a buyout after a decades‑long partnership. No courtroom drama – just realization rates, leverage, and the misery of non‑billable admin.
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