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LPM meaning in Business Management ?

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Answer: What is Law Practice Management mean?

Law practice management (LPM) is the management of a law practice. In the United States, law firms may be composed of a single attorney, of several attorneys, or of many attorneys, plus support staff such as paralegals/legal assistants, secretaries (including legal secretaries), and other personnel.

Debate over law as a profession versus a business has occurred for over a century; a number of observers believe that it is both.

Law practice management is the study and practice of business administration in the legal context, including such topics as workload and staff management; financial management; office management; and marketing, including legal advertising.

Many lawyers have commented on the difficulty of balancing the management functions of a law firm with client matters.

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