Increasing Law Firm Revenue and Profit Growth in a Buyer’s Market

webinar Increasing Law Firm Revenue and Profit Growth in a Buyer’s Market

You Will Learn:

  • The most common financial models law firms are using in today’s market
  • Keys to managing the financial health of your firm
  • What really drives profit growth
  • Why having great lawyers isn’t enough
Watch the pre-recorded web conference
$365.00
 

Where does the biggest opportunity lie for your firm to improve profitability in today’s buyer’s market?

With pricing pressures from legal clients on the rise, it is more important than ever for firms to implement cost-effective leverage models, build volume, improve realizations and understand the project management techniques that grow revenue.

This power-packed webinar will provide you with practical advice on the areas to consider when self-reviewing your firm’s profit potential. Our experts will explore the most common reasons that law firms fail to grow, and how to apply a financial model that makes sense for your firm.

Learning Objectives

This CLE responds to the concerns partners and management have in many firms around securing profitable growth, and provides you with a ‘route map’ of key areas to consider, including:

  • The most common financial models law firms are using in today’s market
  • Keys to managing the financial health of your firm
  • What really drives profit growth
  • Why having great lawyers isn’t enough
  • How client acquisition, relationships and value effects the bottom line
  • Expanding staff potential and contributions to pump up profitability
  • Where cost management matters most (sales/HR/resources/tech)
  • What and how your firm should be measuring and managing
  • A checklist to get you started in reviewing your firm’s financial health

Product ID: 6528

Learn How to Avoid the Most Common Reasons Law Firms Fail to Grow!

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Faculty

Tom Jones
Tom Jones
President, Iridium Technology LLC

Tom is the President of Iridium Technology LLC -- the firm that is 100% focused on business intelligence (BI) for law firms. Iridium BI is a complete business intelligence solution for law firms, offering five modules: GL, Revenue, Expense, Profit and Budget. Each module consists of a full-featured cube and a complete set of high performance dashboards. Iridium BI works with both the Elite and ADERANT practice management systems, and was designed based on Iridium’s 50,000 hours of legal BI experience. All content can be customized based on the firm’s practices, nomenclature, and financial calculations.

Brian Kennel
Brian Kennel
PerformLaw

Brian Kennel is an experienced management consultant with more than 20 years of experience in law firm and professional firm management and consulting. As owner of PerformLaw, he works with law firms and their leadership teams in a number of different areas. As a former legal administrator for a large commercial law firm, Brian understands the opportunities and challenges that exist in law firms. His experience also includes building and selling a law firm management services company to a Fortune 500 Company.

Learn How to Avoid the Most Common Reasons Law Firms Fail to Grow!

Get it on demand now

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