Presented by the ISBA Standing Committee on Law Office Management and Economics
Running your own practice is rewarding, but it can be hard to juggle all the tasks that are required for running a successful business. Join us as Kevin Stine teaches us the importance of engagement letters (and how to draft them), how to keep track of your time, and how to produce accurate bills for clients. Topics include:
- Understanding how you get paid and your monthly communication with the client;
- Why use engagement letters;
- Terms of representation;
- The importance of retainers;
- The cost of collection;
- Proofreading your timesheets for accuracy and offering descriptions of tasks performed on the timesheet;
- Dealing with travel and its expenses;
- The ethical issues and pitfalls to avoid; and
- Much more!
John W. Olmstead, Olmstead & Associates, St. Louis
Kevin J. Stine, General Counsel, First Co Bancorp Inc., O’Fallon
About the Speaker:
Kevin Stine was in private practice for almost 30 years before his engagement as General Counsel at First Co Bancorp, Inc., which gives him a valuable perspective on billing from the aspect of the billing attorney and client. Kevin has been a professor at Saint Louis University School of Law, where he taught Secured Transactions and Advanced Secured Transactions, and at McKendree University’s MBA program, where he taught Legal Issues for Managers. He was appointed by Justice Lloyd Karmeier to serve on the Illinois Supreme Court’s special committee formed to study and improve the judicial process in mortgage foreclosures throughout Illinois. Kevin earned his B.S. in Business at Southern Illinois University in 1983 and his J.D. at Washington University in St. Louis in 1986.
March 08, 2017 12:00 PM Central