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Holding the Firm Together: Business Managers on the Rise

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Gone are the days when a designated paralegal handled the firm's finances, hiring and firing, and other administrative responsibilities. Firms are increasingly choosing to hire business managers or other administrative decision makers to care for their organizational tasks
 
Holding the Firm Together: Business Managers on the Rise

''As firms become more businesslike, they realize they should hire a capable person to handle their business management matters,'' said Cheryl Leone, who worked in law office management for more than 40 years before she started her own management contract firm, Catalyst, Inc., serving law firms nationwide. ''Attorneys realize that they are running a business and must be professional,'' said Ms. Leone.

And business managers can turn out to be quite smart investments. ''A well-run, well-managed firm will save money,'' Ms. Leone believes. ''When I first began as a law office administrator, I had reduced the firm's overhead by one-third.'' Larger and medium-sized firms are more likely to have a whole hierarchy of law office administrators, but firms of all sizes and practice levels may benefit from a good business manager. Law office managers can institute much-needed organization and allow firms to be more businesslike.

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