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What attorneys need to know about their firm 401(k) self-directed brokerage account

What attorneys need to know about their firm 401(k) self-directed brokerage account

Dec 7, 2021 by Ric Lager

What attorneys need to know about their firm 401(k) self-directed brokerage account Many law firm 401(k) retirement plans offer a self-directed brokerage account option. For those that do not, a simple request to the firm’s 401(k) provider can make this option available. The self-directed 401(k) provides potential advantages for small and mid-size law firms. Lowering annual costs and improving annual investment returns are at the top of t...

2021 Has One Foot Out The Door: Are You Meeting Your Goals?

Jul 5, 2021 by Krystal Champlin

2021 Has One Foot Out the Door: Are You Meeting Your Goals? It certainly didn’t take long for 2021 to get one foot out the door. Despite what felt like a never-ending winter for a good portion of the country when a polar vortex sat on it, we’ve made it to summer! Here at RJH Consulting, we know that it can feel like the year, and your goals are quickly slipping away from you. Are you moving toward your goals, or do you need to ...

The ‘cost of the problem’ in your law firm retirement plan account

The ‘cost of the problem’ in your law firm retirement plan account

Feb 16, 2021 by Ric Lager

I have been providing investment advice for law firm retirement plan participants since 1999. My experience leads me to conclude that legal professionals suffer from the same investment management dilemma that plagues my CPA, doctors’ group, and Fortune 500 company retirement plan participant clients. In spite of years of buy-and-hold, asset allocation, diversification, target term and auto enrollment marketing materials provided by comp...

How to Manage a Small Law Firm

Feb 10, 2021

Learning how to manage a small law firm is often regarded as easier than learning to manage a larger law firm since there are fewer people, departments, and resources. Yet, this isn't necessarily true. Law firm management for a small law firm is often more difficult because one person is responsible for managing each employee, human resources, and making all the decisions related to the management and operations of the firm. For many small...