Overhead and Profit: What it is and isn’t
What is Overhead and Profit In business finance, two terms
August 17, 2022
Our Monthly Featured Post
Seven Words to Learn Before You Apply for Your Next Loan
Growing law firms need cash, but cash can get tight.
July 21, 2022
Podcast – Law Firm Financial Management
KPI’s – Do you know the Key Performance Indicators in
July 8, 2022
Core Values: Why They’re So Important and How to Determine Yours
Your core values should drive every decision in your business. But are you clear on what they are? In this blog post, we’re sharing our technique for determining your core values.
March 17, 2022
How to Set An Appropriate Billing Rate
Your billing rate can’t be a guessing game. It has to be something that you come up with using data – data that you have in your own firm. But what’s the magic formula?
February 8, 2022
How Much Should I Pay for a Billable Employee?
One of the hardest parts of managing a law firm is the delicate balance between hiring the right number of staff members and ensuring that you can afford them. At different points in your practice, you’ll be tasked with tough questions. The solution to many of these problems is simple: hire the employees you need and create a compensation plan that is profitable for both you and the employee. Of course, that is easier said than done. So how do you figure out what you can pay a billable person? Read on to learn more.
January 15, 2022
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