Editor’s note: This is the fifth article in a new nine-part series on how lawyers can resolve to work smarter this year, which is featured on lawjobs.com News & Views. Links to the previous articles in this series, as well as to articles in other series co-authored by Valerie Fontaine and Roberta Kass, follow this article.

Law school teaches you to think like a lawyer but, to succeed in today’s legal marketplace, you must also think like a businessperson. As the profession becomes increasingly bottom-line-oriented, business and management skills are essential to advancement within your organization and for optimally servicing your clients’ needs. Each case or transaction involves money in some way, and every lawyer in private practice is running a business.

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