The J. Sterling Hughes Show

Appropriate Law Firm Owner Profit Expectations with Ryan Kimler - #91

Jeff Sterling Hughes Episode 91

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In this fun interview with Ryan Kimler I learned a ton about how to benchmark our law firm profit.  

This is the kind of information that all B2C law firm leaders need to pay attention to.  I haven't at times, and it has cost me.

We focused our talk on law firms serving people (B2C) and discussed: 
- The most Important Financial Metrics
- Healthy Gross Margins and Net Margins to aim for
- Where law firms often have the most waste
- Calculating the owner's full benefit, vs. just net profit
- Where the low hanging profit fruit is to grab first
- and more . . .

This interview definitely shaped my approach to aspects of our financials. It will help you too.

Enjoy!

For more insights from Ryan Kimler, be sure to check out his platforms:

  • LinkedIn: https://www.linkedin.com/in/ryankfinancialclarityllc/
  • Facebook: https://www.facebook.com/rkimler
  • YouTube: https://www.youtube.com/channel/UCiLyqCOvxvnnlr3_6BOGqww
  • Website: https://netprofitcfo.com/
  • https://financialclarityllc.com/

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Go to: www.JSterlingHughes.com for tons of Family Law Practice resources.

My purpose is to Empower Family Law Attorneys so they can build a beautiful family law practice and have the practice of their dreams.

I share my family law firm’s secrets, tactics, and strategies of how we have grown from 0 to 25 attorneys and over $15m in revenue in our first ten years.

When I am not podcasting, I am the CEO and Co-Founder of SterlingLawyers.com.

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