Peek behind the curtain as Lauren gives you a behind-the-scenes look at her law firm’s financial transformation. Learn how she went from struggling with negative profit margins to consistently achieving healthy profits using a simple yet powerful system.
Category: Finance
Cracking the Code: Financial Secrets of Thriving Law Practices with Sarah Webb
In this illuminating episode, Lauren sits down with financial expert Sarah Webb to demystify the often-intimidating world of law firm finances.
The Secrets of Financial Success with Brooke Lively
Join us as we venture into the world of law firm finance with a true industry expert, Brooke Lively, Founder and CEO of Cathcap. We explore the essential financial insights that every law firm owner needs.
The Financial Future of Your Law Firm: Why Selling Should Be on Your Radar with Victoria Collier
Have you thought about life after law? In this thought-provoking episode, we sit down with Victoria Collier, who shares invaluable insights into the crucial mindset required to set your business on the path to success.
The Exact Numbers that Changed My Practice
What you measure matters. In this episode, we dive into the three specific data points Lauren tracks to boost efficiency and profitability – plus one bonus one! Join us for a hands-on conversation as we go through the details of how she knows exactly the number of consultations to book per week to hit her yearly revenue goal, how she tracks whether she’s being efficient, and the one number that was a game-changer when it came to building a profitable practice.
How to Support Yourself While Launching Your Law Firm
One of the most popular questions I got was “How do I support myself as I launch my business?” It takes time to generate sustainable revenue, and in the beginning, there will be a stretch when you aren’t making as much money as you would like. That’s why it’s important to have a plan before you open the business of how you will support yourself while your law firm is in launch mode. Below are three approaches that lawyers and other legal professionals can take when launching a law firm.
Three Ways to Handle Variables with Flat-Fee Pricing
The question I am asked most often about providing predictable, flat-fee pricing in my law firm is “How do you deal with the variables?” In this episode, we’ll cover three ways to handle variables with flat-fee pricing that ensures you are paid for the work you do – whatever may come up.
The Biggest Mistake Every Lawyer Makes About Finances
I like knowing my numbers. Now, I'm not talking about 1s, 2s, and 3s. I'm talking numbers like revenue, pretax…
The Biggest Mistake You Might Be Making in Your Law Firm
Last year, Clio published its Legal Trends Report, evaluating everything from client satisfaction to productivity in the legal market. While…