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!

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Profit with Law: Profitable Law Firm Growth

Monitoring Your Cash = Law Firm Growth – with Leah Miller - 494

August 14, 2025 • Moshe Amsel • Episode 494

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Shownotes can be found at https://www.profitwithlaw.com/494.

Most law firm owners look successful on the outside—busy staff, a nice office, and a steady stream of clients. But behind the scenes, too many are secretly transferring money from personal savings just to cover payroll, running on fumes, and wondering why all their hard work isn’t turning into real profit.

If you’re growing but constantly feel cash poor—or you simply want to take home more from what you earn—this episode is your wake-up call. I’m joined by Leah Miller of Firmly Profits, a former law firm administrator turned fractional CFO who’s seen exactly where owners go wrong and how to fix it.

Chapters:

[00:00] Unlocking hidden profits: Why law firms miss out

[04:37] The success illusion: Cash-poor owners & surface metrics

[06:13] Leah Miller- owner of Firmly Profits

[09:48] Paralegal to CFO: Leah Miller’s financial journey

[12:35] Top financial mistake law firm owners make

[16:00] Budgeting made simple: Realistic goals for growth

[19:21] Crushing revenue bottlenecks & inefficiencies

[22:30] Sustainable growth: Boost revenue without extra marketing

[28:48] Monthly financial review: Metrics every firm needs

[30:21] Law firm profit margins: Benchmarks & improvement tips

Resources mentioned: