Accounting 202

Okay, so I am sitting in class today, and the teacher says, I am going to show you the T accounts b/c if your out in the real world, and some accountantant writes in T account format, you should understand where they are coming from.

I am thinking, yea, my brother nearly had a cow when I told him, they brushed right through T accounts in Accounting 101. =)

Anyway, my teachers have all been pretty nice so far. This teacher gave me a book, because I told her one of my goals was to help Law Firms be profitable so she gave me a "step-by-step guide to law firm profitablility." Can't wait to read it. I hope it's good.

She also loaned me her Business Plan book to read. But that one I have to return. I can't wait to finish my biz plan now!

Competitive edge of paralegals

The role of the contract paralegal has evolved, and now many contract, or freelance, paralegals perform legal research, draft a variety of legal documents, and provide a full range of other services to law firms of all sizes. These paralegals typically work for themselves, rather than for temporary agencies, and provide their services to other law firms on an as-needed basis.

Contract paralegals typically work on a project by project basis and are not full-time law firm employees. However, an increasing trend in contract law is to develop long-lasting relationships with firms that regularly or semi-regularly send work to the contract paralegals. Many small firms find that the use of contract paralegals provides them the flexibility to grow their business without hiring salaried employees.

Particularly in a slowing economy, the use of contract paralegals gives firms a competitive edge in the marketplace, helping them to control costs while increasing profitability.

Starting my own business

I have to tell you that I am both excited and a bit scared at the thought of being an entrepreneur. There are so many things to think and worry about. I know that there is a chance I will fail. But being self-employed is rewarding. On the one had, I like trying to solve problems for other people and I love networking and meeting new and exciting people. On the other hand, there is so much more to owning a business than just meeting people and solving problems.

Right now, I am finishing my business plan because this is a very important step to starting a business.

I will write and tell you my successes and failures in the process.

Welcome to my thoughtfully written blog!

I wish I may, I wish I might, bring you to read my thoughts tonight!
I pray this blog shines a light
in your direction, before every good night
and spreads good cheer
that it may steer
you in the right direction and not a slight fight
give you

Enjoy the reading.

Marla