Cosgrove Associates Inc.

Cosgrove Associates Inc.
Cosgrove Associates Inc.
Legal Suppliers
Has your law firm hit its profitability plateau?
 
Most law firms enjoy relatively unstructured growth until they hit an inevitable profitability plateau.  At this stage in a firm’s life cycle, billings begin to even out while expenses continue to rise.  You work long hours but wonder if you are meeting your financial objectives for yourself and your firm.

At Cosgrove, we have been successfully addressing this very challenge for over 25 years, with our proprietary value-focused profitability plan.  We have a flawless track record of improving profitability for law firms, often beyond expectations.

We strengthen your firm with the management systems that will help you to track and improve docketing, billing, collections, client retention and referrals.

Your profitability plan is driven by your unique short and long-term goals, drilled down to a meaningful, daily level. We adapt it to your firm's culture to make it easy to use and we work with your team to gain buy-in and accountability. We take a personal vested interest in your success.
 
Is your law firm becoming unmanageable?

Our profitability work isn’t just about keeping our heads down and powering through reports. It’s deeply integrated into the management and grassroots culture of our law firm clients. So, as a natural extension of this primary focus, we also offer interim office management services. 

From recruiting for talent to updating policy manuals and overseeing collections, managing the day-to-day financial and administrative requirements of a law firm can get quite involved. If overlooked, resulting issues can become distracting or even have urgent consequence. To get things back on track, we offer two streams of assistance: special projects and part-time involvement over the long term.

Our team is law-firm savvy allowing us to provide a broad spectrum of services in all areas of law firm office management including: 
  • Human Resources
  • Law Office Administration
  • Facilities Management
  • Marketing Coordination
  • Financial Management   
Cosgrove Associates Inc. In The News
Eliminate productivity blockers to boost profitability: Part 2

Productivity blockers are inhibiting law firms' profitability and efficiency,  Catherine Moffitt , an associate at legal practice management specialists Cosgrove Associates ... Read more

Eliminate productivity blockers to boost profitability: Part 1

Catherine Moffitt , an associate with legal practice management specialists Cosgrove Associates , is on a mission to eliminate law firms’ productivity blockers. ... Read more

Meeting the challenges of small and mid-sized law firms

Small and medium-sized law firms have to be especially nimble and forward thinking   in dealing with the challenges of today’s legal services environment, says Mark ... Read more

Keeping law firms on track: the monthly meeting

Boosting profitability and efficiency is a key concern for law firms, but many initially resist committing to a process that could dramatically improve their financial situation, ... Read more

Keeping finances up to date each month eases tax time

With the deadline for filing personal income taxes fast approaching, it’s a good time for lawyers to think about the importance of keeping their firm’s financial house ... Read more

Cosgrove: keeping the flow of law offices productive

As the eldest of four children, Catherine Moffitt  of Cosgrove Associates  always understood the value of resourcefulness and strong organization skills.   ... Read more

Balancing flexible work hours, remote access with firm needs

Firms are feeling the pressure to offer flexibility in work hours and remote access to their employees, but these options should be offered within reason, says ... Read more

Creative billing alternatives to traditional hourly format

With growing pressure on law firms to bill with more predictability, clients would like to see such services more like a commodity instead of billed on an hourly rate, says ... Read more

Law firm compensation systems balance business goals and fairness

When putting together a compensation plan for lawyers, firms have to ensure it’s fair, on-market, and motivates them to perform well, says Toronto legal management ... Read more

Providing regular feedback can boost a firm's workflow, morale

When senior members of a law firm provide regular feedback and performance results to its lawyers it can improve workflow and profitability while building a positive workplace, ... Read more

Expanding firm, candidate need good corporate fit: Dormer

Before committing to bringing in a new partner, Toronto legal management consultant Mark Dormer says it's best to have a trial run to ensure the prospective recruit is a good ... Read more

Tax law changes will impact lawyers' billing

Proposed changes to Canada's tax law mean lawyers will no longer be able to defer income on unbilled work, says Toronto legal management consultant  Mark Dormer . Dormer, ... Read more

Building a law firm so associates manage themselves

Cultivating a work environment where associates manage themselves allows a law firm to thrive, says Toronto legal management consultant Mark Dormer . “It’s ... Read more

Business continuity plans a must for law firms

A business contingency plan is critical for every law firm in case something should happen that disrupts the office in some way, says Toronto legal management consultant ... Read more

January: a time to review law firm compensation systems

The start of a new calendar year is an ideal time to review a law firm’s compensation system for lawyers to determine whether changes need to be made based on their ... Read more

Transfer of goodwill crucial during ownership change

Goodwill often makes up a large part of what is being purchased when a company is acquired — but future earnings can be affected if the employees who maintain that goodwill ... Read more

Emphasize accountability for personal tech use at work

Although the practice of attending to personal matters on company time has been around forever, with rapidly advancing technology, employers need to be sure to set out clear rules ... Read more

Law firms and the importance of the year-end planning process

December is a good time for law firms to take a reflective look back at 2016 and start the planning process for the upcoming year, says Toronto legal management consultant Mark ... Read more

Law office should reflect, enhance firm culture

Current trends around law office redesign have a lot to do with financial responsibility and technology, as the age of the elaborate firm with a massive reception area ... Read more

Policy manual a must for law firms

It’s important for every law firm to have an office policy manual that is reviewed annually and accessible to everyone who works there, says Toronto legal management ... Read more

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