Profit with Law: Profitable Law Firm Growth
Small Law Firms often start from the practice of law and not as a business venture. This ends up causing the growth of the firm to be much longer and more painful than it needs to be. If you started a Law Firm with the intention of increasing your impact, freeing up your time and having all the money you will ever need then the strategies we discuss will be priceless for you. Profit with Law is a show focused on the business of running a law firm as a profitable venture. Packaging and pricing your services, getting clients consistently, growing your staff in a way that feels good to you and implementing systems and technology to set yourself up for success are all discussions you will find here on the show. Moshe Amsel the host of the Profit with Law podcast is not an attorney. He has spent 20 years as an executive in the IT industry before becoming an accountant and business advisor for small businesses. As the owner of a successful accounting firm DreamBuilder Financial and Law Firm Growth coaching organization Profit with Law, Moshe has proven that there are better and different ways for a law firm to do business and be successful. Our mission is to empower all people with wealth creation so that this and future generations can lead a better life. We’d love nothing more than to do this by helping law firm owners on their journey. A law firm is not for practice it’s for profit!
Profit with Law: Profitable Law Firm Growth
Optimizing Profit Margins: Cash Flow Challenges and Solutions with Carla Titus - 462
Shownotes can be found at https://www.profitwithlaw.com/462.
Are you struggling to keep your law firm profitable as you scale?
Join Moshe Amsel and Carla Titus, founder and CEO of Wealth and Worth Within, as they share expert insights and strategies for improving profitability and cash flow in law firms. Moshe and Carla dive deep into the factors affecting profit margins, the importance of strategic financial planning, and the role of technology and efficiency in scaling your law firm business. They also highlight common pitfalls for law firms, from poor cash flow management to inadequate support teams, and how to solve them.
Listen now to uncover the secrets to achieving higher profitability and sustainable growth for your legal practice!
Chapters:
[00:00] Introduction to Carla Titus
[04:27] Tackling the Biggest Challenges Clients Face
[09:52] Fixing the Cash Flow Crunch: Smart Borrowing and Long-Term Solutions for Business Growth
[24:05] What’s Considered a Healthy Profit Margin?
[32:39] Knowing Your Numbers: Tools and Insights for Financial Clarity
[38:45] Carla’s Parting Piece of Advice
Resources mentioned:
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Triple Your Revenue And Double Your Profit In 12 Months Training
Connect with Carla Tutis: Facebook | Instagram | LinkedIn | Personal LinkedIn | TikTok
Fathom: https://www.fathomhq.com/
Sift: https://www.siftlab.com/analytics
Clio: https://www.clio.com/
Join our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/
To request a show topic, recommend a guest or ask a question for the show, please send an email to info@dreambuilderfinancial.com.
Connect with Moshe on:
Facebook - https://www.facebook.com/moshe.amsel
LinkedIn - https://www.linkedin.com/in/mosheamsel/