Back in January 2017, I was having breakfast with a local lawyer when he said, “I think I need to raise my rates this year. I am just not making enough money, and raising my rates should make the year more profitable.” This led me to ask, "Do you know how much additional money you would actually make by raising your rates?" Maybe raising rates was needed; maybe not.
Originally published March 20, 2018Sign up for our free newsletter.