Financially Legal

Episode 12: How do you talk to clients about money? Eight mini-interviews with lawyers across the country about a crucial law practice conversation.

Written by Dan Lear | Aug 5, 2020 4:12:04 PM

Conventional wisdom is that there are really only two reasons that marriages end: sex and money. Sex with a client is frowned on and talking about it - except, perhaps as a part of the representation - is probably not a great idea. However, conversations with clients about money can be some of the most important conversations you have with them.

How, when, and what you say when you talk to clients about money has a significant impact on your personal financial and economic well-being and can even affect your emotional well-being. We ask eight lawyers - Jess Birken, Erin Gerstenzang, Claudia Johnson, Jody Winter, Russ Mikow, Ryan Grace, Anne-Marie Rabago and Ashley Jones -  who work in a variety of practice areas how they talk to clients about money.

 

Finally - about money - if you'd like to save a good chunk of it on your payment processing, check out our state-by-state guide to shifting processing fees to clients. Firms have saved as much as 80%.