Mar 9, 2023
In this episode, we explore the secrets of increasing profitability in your law firm without resorting to the usual methods. Our guest, Cortney Steinbacher, a business and accounting expert, shares with us three powerful techniques that will revolutionize the way you approach your law firm's finances.
First, Cortney suggests a simple yet often overlooked solution - stop writing checks!
Next, she'll dive into how to determine the utilization rate for your employees and how to use their abilities to the fullest. This will help you identify areas of improvement and make better use of your resources. And even how to identify when it is time to hire someone new!
Finally, Cortney will show you how to use that utilization rate to get the ultimate billing rate. You'll learn how to maximize profits while keeping your clients happy.
To join our seminar on increasing profitability make sure to join our private FB group, “The Art of Buying and Selling Law Firms,” where we will be posting updates on the seminar as well as the registration link.
To get in contact with Cortney, send an email to accounting@themilliondollarlawyer.com
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