If you want to lift law firm profits at your law firm, I suggest that you focus on improving revenue rather than reducing costs. When you think about it, if your goal is to lift law firm profits, how do you do that? You can’t actually just lift profit, because profit is an outcome of your revenue less expenses. So […]
How to Increase Law Firm Profits by $100,000 p.a. per partner by focusing on Average Hourly Rate If you are planning to increase law firm profits at your law firm, a key performance indicator ( KPI) that I believe is critical to measure, is your Average Hourly Rate. So what is Average Hourly Rate? It is simply- Bill for the […]
If you want to lift law firm profits at your law firm, an important starting point I believe, is to find the reason why you want to. Without a reason that is important to you, it is highly likely that you will not achieve the profit improvement that you want. Most people don’t get too excited by just wanting to […]
Great Opportunities to Improve Law Firm Profits in Small Law Firms I had this article published on 28th November in Law Fuel a New Zealand legal publication on how to improve Law Firm profits. Especially Small Law Firms. I think you will find it of interest if you run a small practice To go to the article Click Here
