The Law Firm Owner Podcast

#335: When to Hire and Who: A Data-Driven Approach for Law Firms


Listen Later

Hiring decisions are some of the trickiest choices law firm owners make. Wait too long, and you end up buried under the work, scrambling to keep up. Hire too early, and you're sweating payroll and questioning whether the work will sustain the role. The constant back-and-forth of when to hire and who to hire can leave even the most disciplined owner feeling stuck.

In this episode, Melissa shares a practical, data-backed approach that replaces guesswork with clarity. She walks you through how to calculate your buy-back rate, understand producer multiples, track net cases, and build production models that create real leverage. These tools help owners make smart, confident hiring decisions based on truth instead of gut feel, ensuring every new hire strengthens the firm's health, profitability, and long-term success.

Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar

Get full show notes, transcript, and more information here: https://www.velocitywork.com/335

Use the Law Firm Producer Multiple Calculator here: https://producercalc.velocitywork.com/

Watch this episode on YouTube: https://youtube.com/@velocitywork

...more
View all episodesView all episodes
Download on the App Store

The Law Firm Owner PodcastBy Melissa Shanahan

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

35 ratings


More shows like The Law Firm Owner Podcast

View all
The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,832 Listeners

Lawyerist Podcast by Lawyerist.com

Lawyerist Podcast

138 Listeners

New Solo by Legal Talk Network

New Solo

115 Listeners

The Law Entrepreneur by My Legal Academy

The Law Entrepreneur

138 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

581 Listeners

Maximum Lawyer by Tyson Mutrux

Maximum Lawyer

203 Listeners

Profit with Law: Profitable Law Firm Growth by Moshe Amsel

Profit with Law: Profitable Law Firm Growth

91 Listeners

Law Firm Growth Podcast by Jan Roos - Legal Marketing Expert, Author, and Speaker

Law Firm Growth Podcast

21 Listeners

Grow Your Law Firm by Ken Hardison

Grow Your Law Firm

55 Listeners

Wealthy Woman Lawyer Podcast, Helping you create a profitable, sustainable law firm you love by Davina Frederick

Wealthy Woman Lawyer Podcast, Helping you create a profitable, sustainable law firm you love

44 Listeners

Crushing Chaos with Law Firm Mentor by Allison C Williams, Esq.

Crushing Chaos with Law Firm Mentor

42 Listeners

BE THAT LAWYER by Steve Fretzin

BE THAT LAWYER

51 Listeners

The Law Firm Blueprint by Jay Ruane & Seth Price

The Law Firm Blueprint

18 Listeners

The Renegade Lawyer Podcast by Ben Glass

The Renegade Lawyer Podcast

10 Listeners

The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm Owners by Darren Wurz, CFP

The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm Owners

24 Listeners