Creating Law Firms That Thrive Long Term with Pam Meissner
Pam Meissner, COO and CFO here at CathCap, joined host Steve Fretzin on episode #559 of Be That Lawyer to discuss how law firm leaders can align personal strengths with strategy, address operational challenges, and maximize long-term firm value. Listen here: https://open.spotify.com/episode/2PKXuBSl8eRTgbH7G1muFY?si=erJ8dLZfSOSk-wUZF-5pcg Pam and Steve explore how thoughtful planning, transparency, and operational clarity can transform law […]
2026 Profitability Reset: How Field-Service Companies Can Turn Job Data Into Financial Clarity
You’re Sitting on the Answers But Not Using Them Field-service companies generate a staggering amount of data every single day. Job times. Material usage. Callbacks. Technician schedules. Overtime. Travel gaps. Most owners assume that data lives purely in operations. Necessary, but tactical. That assumption is expensive. Because when job-level data never makes it into financial […]
The 2026 Law-Firm Operating Model: What Must Change to Grow in the Next 12 Months
2026 Will Reward the Firms That Rebuild, Not the Firms That React Most law firms heading into 2026 are still operating on a structure designed for 2019. The volume is higher, the cases are more complex, staffing expectations have shifted, and cash flow looks more like a heartbeat monitor than a calendar. If firms want […]
Beyond the Busy Season: Turning Last Year’s Lessons into Next Year’s Edge
The end of the busy season tricks a lot of owners. When the last job is done and the phones finally slow down, the instinct is to breathe and wrap up the year. But if your goal is more profit, smoother workflows, and healthier cash flow next year, this moment is not a wrap up […]
Lessons from the Ledger: What Your Financials Say About Your Firm’s Future
Law firms don’t fail because of one bad month. They drift into trouble slowly—quarter by quarter, case by case—while the financials quietly try to warn you. The challenge? Most attorneys read their P&L like a compliance document, not like the strategic instrument it actually is. And that’s a missed opportunity, because a well-read P&L tells […]
The Cash Conversion Cycle Explained
The Short Answer: The cash conversion cycle (CCC) measures how long it takes for your business to turn an initial investment in inventory and operations into cash from customer payments. It helps you understand how efficiently cash moves through your business. Table of Contents The cash conversion cycle offers a clear view of how quickly […]
The Power of the Pause: How Owners Who Step Back Move Forward Faster
When Matt launched his landscaping company, his biggest fear was slowing down. He prided himself on being “always on”—first truck out, last one back, answering texts at midnight. Each busy season, he added more clients, more crews, more chaos. And for a while, it worked. Until it didn’t. By the end of one especially brutal […]
The Case for Reflection: Why Law Firm Growth Stalls After Success
The Plateau Problem: When Momentum Masks Stagnation Every successful law firm reaches a moment where the graph flattens. Revenue steadies between $5M and $10M, partners are busier than ever, and on paper, everything looks great. Yet underneath the surface, something shifts. Growth slows. Margins tighten. The firm is running harder—but not necessarily running better. We […]
How to Prepare Your Business for a Recession
The Short Answer: To prepare your business for a recession, build a cash reserve, protect profit margins, and secure financing options before an economic downturn hits. Use simple weekly cash flow visibility and clear decision rules so you can move fast in uncertain times. A recession is a period of temporary economic decline during which […]
Right People, Right Seats: The Hidden Profit Killer in Your Business with Pam Meissner
When profit starts to slip, most business owners look to cut costs or push sales harder. But what if the biggest drain on your bottom line isn’t in your P&L, it’s in your people? Our own Pam Meissner, COO and CFO here at CathCap, joined host Rocky Lalvani on the Profit Answer Man Podcast to […]
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