Law Firm Profits

Profitability
Best Way to Improve Your Law Firm’s Profitability?

Question: We’re all working hard to increase revenue from new business and reduce overall spending, but we just can’t seem to improve the bottom line. What is the best thing we can do to improve the profitability of our law ...

The Editors - April 29, 2015
Take the Guesswork Out of Flat Fees

Peggy Gruenke | If you are ready to try flat-fee billing, here are some questions to consider.

Peggy Gruenke - April 3, 2015
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How Can Our Law Firm Recoup More of Its Costs? Ask the ALA Experts

Question: I know we're not recouping many of our law firm's costs from clients. How do you effectively manage a cost recovery program? Four members of the Association of Legal Administrators — Grace Carr Lee, Vicki Hughes, ...

The Editors - August 19, 2013
Are We Making Money?

Is this client profitable? How do you really know? Profitability has for too long been measured based solely on metrics like hours worked, revenue and realization. Although those metrics are components of an overall client profitability picture, ...

Russ Haskin - March 6, 2013
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