Business Areas We Support

 Are you priced appropriately? Are you potentially “leaving money on the table” because your rates are too low? We can run a comparative analysis against your direct peers to identify pricing opportunities. 

We can help you create an annual budget. Then once a budget is established, we can provide monthly variance reporting. This will include actionable insights to increase profitability and help you better understand your costs.

More and more clients are looking at fixed-fee arrangements to limit their annual legal spend; however, to successfully engage in these arrangements a firm needs to have a strong understanding of its costs & profitability, which we can provide. 

We can assist you manage your vendor relationships, negotiate annual terms, and implement new software to increase efficiency & productivity. 

We can help you identify the main drivers of write-downs for your firm and understand how they are impacting your profitability. Allowing you to take the appropriate measures to reduce them in the future.

Does your firm have multiple offices? Do you know which office is the most profitable? How do you allocate overhead costs to each office? Does each office utilize the same amount of overhead? How do the answers to all of these questions impacting your profitability? We can help answer these questions and provide accurate office profitability analysis to firm owners & managing partners. 

Understanding individual timekeeper profitability is critical to employee compensation, pricing, and new client business development. Let us help you create financial models to understand areas of opportunity. 

How long do your timekeepers take to enter their time once worked? This is a critical metric to increasing overall revenue and needs to be managed appropriately. 

Managing a firm is a difficult responsibility, but we can share best practices from other firms to help you overcome the challenges. 

Does your firm know the true reasons as to why employees and/or clients are leaving your firm? Allow us to conduct third-party exit interviews to ensure you are taking the appropriate steps to remedy employee and client concerns.