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Law Firm Profits

empowerment tips
20 Law Practice Empowerment Tips

Nuts-and-bolts reminders for running a successful law practice from Peggy Gruenke and Alan Klevan.

Peggy Gruenke - July 2, 2024
deal killer when selling your law firm
What Are Your Non-Negotiables?

Brooke Lively | Knowing your non-negotiables is the key to making a deal to sell your firm you won't regret.

Brooke Lively - June 17, 2024
mentally preparing to sell your law practice
Mentally Preparing to Sell Your Law Practice

Brooke Lively | Did you know that 75% of those who exit (their business) 'profoundly regret' the decision with 12 months?

Brooke Lively - May 16, 2024
lawyer time tracking
Time Tracking for Lawyers: Why Every Firm Needs to Track Time to Stay Profitable

John Scott | Whether or not the client sees billable hours on an invoice, all service-based businesses need to track the time of employees who do client-facing work. 

John Scott - April 29, 2024
pay yourself first
Building a Law Firm That Pays You First: The Rule of Thirds Approach

We see it time and time again: The more law firms grow, the less profitable they become. How do you grow and still pay yourself first? When you started your law firm, it was probably just you — and maybe a paralegal or assistant. Then more ...

Brooke Lively - April 4, 2024
law firm production numbers
Selling a Law Practice: Why You Should Prep Your Law Firm — Even If You Don’t Want to Sell

Brooke Lively | When you prep your law firm to sell, you build a business that operates with or without you — so you can step out when you are ready.

Brooke Lively - February 15, 2024
increasing your legal fees
Increasing Your Legal Fees: A Four-Step Approach

Erik Mazzone | Here's a four-step process for increasing your legal fees, from when and how much, to how to tell your clients.

Erik Mazzone - January 11, 2024
production numbers
To Stay on Target, Everybody in Your Law Firm Needs a Production Number

Brooke Lively | Mapping the steps in your client’s journey will reveal everyone's production numbers, so it's easier to track performance and hit firm goals.

Brooke Lively - December 14, 2023
law firm loan package
How to Create a Great Loan Package for Your Law Firm

Brooke Lively | A loan package consists of the basic documents the bank wants to see to determine if you are a good credit risk.

Brooke Lively - November 9, 2023
law firm profit plan
Budgets Suck, But Profit Plans Rock

Brooke Lively | When you have accountability, your practice can achieve remarkable growth.

Brooke Lively - October 3, 2023
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