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Money & the Business of Law

Compensation, billing, and the business behind legal work.

12 articles

Two lawyers reviewing figures across a table in a bright meeting room
Money & the Business of Law7 min read

How Firms Set Their Rates and What Clients Pay For

An hourly rate is not a random number, and a client's bill is not just your time. Here is what actually sits behind the figure, from a former principal who signed the invoices.

Maya Rombout
A quiet law office with morning light across a desk and a leather chair
Money & the Business of Law6 min read

The Real Cost of Becoming a Lawyer in Canada

Tuition is only the headline. Here is an honest accounting of what qualifying to practise law in Canada actually costs, including the bills nobody warns you about.

Daniel Kwon
A laptop and calculator on a desk with a compensation spreadsheet on screen
Money & the Business of Law7 min read

How Bonuses and Profit-Sharing Work at Law Firms

Base salary is only half the story. Here is how the variable parts of legal pay actually work, from articling bonuses to partner draws, and what to ask before you sign.

Maya Rombout
Two people meeting across a table in a bright office, one taking notes
Money & the Business of Law7 min read

The Business Case for Legal Aid and Access to Justice

Access-to-justice work is often framed as charity. Look closer and it is one of the smarter investments a society makes, and a real career worth taking seriously.

Daniel Kwon
A quiet corner office with a wide desk and afternoon light
Money & the Business of Law7 min read

What Determines a Lawyer's Compensation Over a Career

Legal pay is shaped by more than your firm's letterhead. Here is an honest look at the levers that move a lawyer's income across thirty years of practice.

Elena Marchetti
A tidy desk with a notebook, calculator, and a laptop showing a budget
Money & the Business of Law7 min read

How to Manage Student Debt on an Articling Salary

Articling pay rarely matches your loan balance, and that is normal. Here is a grounded, no-shame plan for handling law school debt through the lean early years.

Maya Rombout
A laptop and calculator on a desk showing billing software
Money & the Business of Law7 min read

Alternative Fee Arrangements: Beyond the Billable Hour

Flat fees, caps, contingency and subscriptions are quietly reshaping how legal work gets priced. Here is how each model works and where it actually fits.

Daniel Kwon
Two lawyers reviewing numbers together across a table in a small firm meeting room
Money & the Business of Law7 min read

The Economics of Running a Small Law Practice

What it actually costs to run a small firm, where the money really comes from, and the quiet financial habits that keep the doors open past year three.

Elena Marchetti
A tidy law office desk with morning light and a laptop
Money & the Business of Law7 min read

Understanding Your First Legal Paycheque and Deductions

Your first articling paycheque will be smaller than the number on your offer letter. Here is how to read a pay stub, plan around take-home pay, and avoid a nasty April surprise.

Maya Rombout
A tidy desk with a laptop, notepad, and coffee catching afternoon light
Money & the Business of Law7 min read

How Law Firms Actually Make Money

A law firm looks like a place that sells legal advice. Underneath, it is a business that rents out hours and lives on the gap between what it pays and what it bills.

Daniel Kwon