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Enhancing Law Firms' Profitability

Identify Your Cash Cow

Featured Post

May 8, 2018 posted by Ariela Tannenbaum

To truly run your law firm as a profit-maximizing business, you must have a pragmatic, yet holistic, overview of firm operations. You need to be thoroughly informed at all times of all relevant performance indicators, so that you can take prompt, decisive action to stay on course to meet your financial objectives.

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Identify Your Cash Cow

May 8, 2018

Recent Posts

Financial Intelligence is your best decision-making tool

March 28, 2018

Financial Intelligence is your best decision-making tool

March 28, 2018 posted by Ariela Tannenbaum

Fortune 500 companies have long-relied on sophisticated financial models to chart their financial success, and those same models can be scaled and applied to law firms of any size.  But before managing partners can put those financial analysis tools to use, they must stop seeing their law firm as a practice and...

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The New Normal

March 10, 2018

Become a Fortune 500 Law Firm

January 10, 2018

The Holy Grail is Driving Most Firms

November 10, 2017

The New Normal

March 10, 2018 posted by Ariela Tannenbaum

New forces are presenting new challenges to the legal field. While barely noticed only few years ago, they are gaining momentum:

  • Increasing price competition
  • Increasing demand for alternative fee arrangements
  • Decreasing realization rate

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Become a Fortune 500 Law Firm

January 10, 2018 posted by Ariela Tannenbaum

Increase profitability? How? You can’t possibly work any harder. All you need is to look at your firm through the forward-thinking financial lens.

Imagine yourself driving a car but only able to see what appears in your rear view mirror.

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The Holy Grail is Driving Most Firms

November 10, 2017 posted by Ariela Tannenbaum

When it comes to financial performance, most law firms know their ABCs: accounts receivable (keep ‘em low!), billable hours (keep ‘em high!), and collections (100% would be nice!).  But true financial intelligence – and the success that flows from it – requires more.

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