Profitability Enhancement

With nine years as the Chief Financial Officer (CFO) of two large law firms, and over twenty years of financial management consulting Bill has unmatched experience to assist law firms enhance their profitability. The key drivers of profitability in any law firm are: 1) billing rates, or pricing; 2) lawyer productivity; 3) realization; 4) overhead expenses; and 5) associate leverage. Each of these factors, if optimized, can provide an opportunity to increase a firm’s profits. We helped over a hundred law firms identify bottlenecks to profitability and implement business process improvements to improve future firm profits.