The Legal CFO with Ryan Kimler

By thelegalcfowithryankimler

The Legal CFO with Ryan Kimler is a podcast dedicated to helping law firm owners gain clarity on their finances, increase profitability, and take control of their numbers. Each episode features straig... more

· Business

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FAQs about The Legal CFO with Ryan Kimler:

How many episodes does The Legal CFO with Ryan Kimler have?

The podcast currently has 13 episodes available.

The Legal CFO with Ryan Kimler episodes:

November 27, 2025 Building a Profitability Dashboard: Five Metrics Every Law Firm Needs
Episode Summary:
In this episode of The Legal CFO, Ryan Kimler, founder of Net Profit CFO, explains how law firm owners can simplify their financial tracking using a profitability dashboard. He shares five essential metrics every firm should monitor to stay efficient, identify profit leaks, and make smarter business decisions. From revenue drivers to expense control, Ryan offers clear, actionable insights to help attorneys take control of their firm’s financial health—without getting lost in complex accounting terms or software.

Key Timestamps:
00:00 – Overview of profitability dashboards and why every law firm needs one.
02:00 – Ryan explains how to measure what’s truly left after expenses and taxes.
04:00 – Why having all your key financial numbers in one place helps decision-making.
06:00 – The Five Key Metrics: Total invoice volume, Average bill value, Payroll expenses
Marketing expenses, Overhead costs
08:30 – How tracking these numbers helps identify inefficiencies.
10:00 – Why law firms should review their profitability dashboard every month.
12:00 – Ryan warns against making dashboards too complex or neglecting regular updates.
14:30 – Why Excel or Google Sheets can be more effective than fancy software for tracking metrics.
16:30 – The real cost of overcomplicating your systems with too many tools.
18:00 – Keep it simple, consistent, and data-driven to grow your firm profitably.

About the Show:
The Legal CFO helps law firm owners understand the business side of running a successful practice. Hosted by Ryan Kimler, founder of Net Profit CFO, each episode breaks down financial strategies, profit optimization tips, and growth systems designed specifically for legal professionals.
...more
19min
November 13, 2025 Financial Forecasting for Law Firms: How to Plan Your Growth With Confidence
Episode Summary:
In this episode of The Legal CFO, attorney financial strategist Ryan Kimler, founder of Net Profit CFO, breaks down the essentials of financial forecasting and why it is critical for law firm owners who want to scale with clarity and control. Unlike budgeting, which can feel restrictive, forecasting provides law firms with a flexible and proactive way to plan growth, manage cash flow, and prepare for unexpected changes.
Ryan explains how to identify fixed expenses, debt obligations, and owner distributions as the foundation of a reliable forecast. He also shares how firms can use forecasting to make better hiring decisions, manage seasonal fluctuations, and anticipate cash flow needs before problems arise. With practical steps and examples, this episode provides attorneys with the tools to gain financial clarity and grow their practices with confidence.

Episode Timestamps
00:45 – Defining forecasting vs. budgeting for law firms
02:30 – Why forecasting is vital to profitability and clarity
04:50 – Key financial data every attorney needs to track
07:15 – Using forecasting for staffing and office expansion decisions
09:40 – Avoiding cash flow shortages with proactive forecasting
12:20 – When and how often to update forecasts
14:30 – Planning for seasonal cycles and revenue fluctuations
16:45 – Forecasting for rapidly growing law firms
18:20 – Tools, Excel vs. software solutions, and Ryan’s recommendations
19:10 – Ryan’s step-by-step roadmap to building your first financial forecast

About the Show:
The Legal CFO is a podcast designed to give law firm owners the financial clarity they need to grow confidently. Featuring Net Profit CFO founder Ryan Kimler, each episode delivers practical strategies for smarter operations, improved profitability, and peace of mind — turning law firm finances from a headache into a growth engine.
...more
20min
October 30, 2025 Pricing Structures That Scale: Subscription & Value-Based Billing for Law Firms
Episode Description
In this episode of The Legal CFO, Ryan Kimler, founder of Net Profit CFO, explores how law firms can rethink their pricing models to move beyond traditional hourly billing. Ryan breaks down flat fees, subscription models, and value-based billing—highlighting which practice areas benefit most, where to avoid risks, and how firms can remain profitable while keeping clients happy.
From understanding client psychology to calculating capacity and profitability, Ryan shares strategies that help firms stabilize cash flow, improve client satisfaction, and scale with confidence. Whether you’re considering a switch or just want to optimize your existing billing system, this episode provides a roadmap for sustainable growth.
Key Timestamps
00:02:10 – Why law firms are moving away from hourly billing
00:05:30 – The challenges of subscription pricing in legal services
00:07:40 – Value-based billing vs. flat fee pricing
00:10:15 – When flat fee billing works—and when it doesn’t
00:13:00 – How to calculate profitability in new pricing models
00:15:30 – Tools and systems for managing flat fee billing
00:17:30 – Testing and refining your billing structure

About the Show:
The Legal CFO is a podcast designed to give law firm owners the financial clarity they need to grow confidently. Featuring Net Profit CFO founder Ryan Kimler, each episode delivers practical strategies for smarter operations, improved profitability, and peace of mind — turning law firm finances from a headache into a growth engine.
...more
19min
October 16, 2025 Monthly Financial Check-Ins — Staying on Track Without Drowning in Numbers
Episode Summary
In this episode of The Legal CFO, Ryan Kimler, founder of Net Profit CFO, explains why monthly financial check-ins are critical for law firm success. He shares practical strategies for reviewing key financial reports, building accountability, and creating consistent financial routines without overwhelming firm owners. From understanding profit and loss statements to leveraging balance sheets and receivables, Ryan outlines the steps attorneys must take to strengthen their financial health and make smarter business decisions.
Key Timestamps
01:05 – Why monthly financial check-ins are essential
03:10 – The two most important reports to review
05:00 – The three key reports every firm needs
07:20 – How to use a financial scoreboard
09:45 – The risks of ignoring financial reviews
11:20 – How regular check-ins improve decision-making
13:40 – Building consistency in financial reviews
15:00 – Establishing financial processes for success

About the Show:
The Legal CFO is a podcast designed to give law firm owners the financial clarity they need to grow confidently. Featuring Net Profit CFO founder Ryan Kimler, each episode delivers practical strategies for smarter operations, improved profitability, and peace of mind — turning law firm finances from a headache into a growth engine.
...more
16min
October 02, 2025 Cash Flow vs. Profit — Understanding the Difference and Why It Matters
Episode Summary
In this episode of The Legal CFO, Ryan Kimler, founder of Net Profit CFO, breaks down one of the most misunderstood financial concepts for law firm owners—the difference between profit and cash flow. Many firms show a profit on paper but still struggle to pay their bills. Ryan explains why this happens, the hidden financial activities that affect cash flow, and how law firms can implement smarter billing, debt management, and cash reserve strategies to maintain financial health. He also shares practical tools, seasonal planning insights, and one small change every firm can make today to strengthen cash flow management.
Key Timestamps
00:45 – Why profitable law firms still face cash flow problems
02:10 – How debt impacts cash flow even with positive profits
05:00 – Three major categories that affect cash flow: assets, debt, and equity
07:30 – Why owner distributions and taxes create cash flow gaps
09:15 – The biggest cause of cash flow struggles for law firms
11:00 – How billing terms and collections protect cash flow
13:15 – Building cash reserves and setting a safety net for your firm
15:30 – Using forecasting tools to monitor and project cash flow
17:00 – The impact of seasonal trends on cash flow planning
18:00 – One small change law firms can make today to improve cash flow

About the Show:
The Legal CFO is a podcast designed to give law firm owners the financial clarity they need to grow confidently. Featuring Net Profit CFO founder Ryan Kimler, each episode delivers practical strategies for smarter operations, improved profitability, and peace of mind — turning law firm finances from a headache into a growth engine.
...more
19min
September 18, 2025 Budgeting for Growth — Planning for People, Tools, and Time
Episode Summary
In this episode of The Legal CFO, financial strategist Ryan Kimler, founder of Net Profit CFO, breaks down how law firms can build growth-focused budgets that balance people, tools, and time. He explains the mindset shift law firm owners must make when planning ahead, strategies for budgeting new hires without overextending, and how to use forecasting to prevent cash flow crunches. Ryan also highlights common underestimated expenses, the difference between maintaining versus scaling a practice, and a simple framework for building an annual budget that supports long-term profitability.
Key Timestamps
00:45 – The mindset shift law firms need when creating a growth budget
02:10 – How to budget responsibly for new hires without overextending
04:20 – The difference between budgeting to maintain vs. budgeting to scale
06:50 – Investing in talent vs. technology for efficiency and growth
08:15 – The most underestimated expenses during law firm growth
10:05 – How forecasting prevents cash flow crunches during expansion
12:00 – Smart ways to test a growth plan before fully committing
14:10 – Financial indicators that trigger a budget update
15:20 – Ryan Kimler’s framework for building a simple and effective annual budget

About the Show:
The Legal CFO is a podcast designed to give law firm owners the financial clarity they need to grow confidently. Featuring Net Profit CFO founder Ryan Kimler, each episode delivers practical strategies for smarter operations, improved profitability, and peace of mind — turning law firm finances from a headache into a growth engine.
...more
17min
September 08, 2025 Trust Accounts Without the Headache: Compliance & Cash Flow Tips
Episode Summary:
In this episode of The Legal CFO, Ryan Kimler, founder of Net Profit CFO, tackles one of the most confusing and critical areas of law firm finance: trust accounts. Ryan breaks down why trust accounting trips up so many attorneys, the most common compliance mistakes, and how to stay audit-ready without drowning in bookkeeping. He also explains how smart trust account management can strengthen cashflow, improve collections, and directly increase profitability — all while protecting your law license.
Key Timestamps:
00:01 – Show introduction
01:20 – Why trust accounts create confusion for law firm owners
04:00 – Common compliance mistakes and how to prevent them
07:15 – Staying compliant without being buried in bookkeeping
10:40 – Leveraging checks and balances with accountants and software
14:05 – How trust accounts impact law firm cashflow and collections
18:30 – What managing partners should look for in monthly trust account reports
22:55 – Using practice management software like Clio or PracticePanther to simplify trust accounting
27:10 – When trust account practices affect profitability and the industry’s collection gap
31:25 – Fixing longstanding trust accounting issues (forensic accounting explained)
36:40 – Top advice for firms overwhelmed by compliance — documentation, experts, and peace of mind
About the Show:
The Legal CFO is a podcast designed to give law firm owners the financial clarity they need to grow confidently. Featuring Net Profit CFO founder Ryan Kimler, each episode delivers practical strategies for smarter operations, improved profitability, and peace of mind — turning law firm finances from a headache into a growth engine.
...more
18min
August 21, 2025 Your Case Load Math — How Many Clients Do You Really Need?
Episode Summary:
In this episode of The Legal CFO, financial strategist Ryan Kimler breaks down one of the most important questions for law firm profitability—how many cases do you really need? Ryan explains how attorneys can calculate the right number of cases based on average case value, billing models, expenses, and staff capacity. He also shares practical KPIs for tracking firm health, strategies for avoiding feast-or-famine cycles, and the dangers of being under or over capacity. From pricing strategies and case math to financial planning and firm growth, this episode is a must-listen for lawyers who want clarity and confidence in managing their caseload.
Key Timestamps:
00:01 – Show introduction
01:05 – How to calculate the number of clients needed for profitability
04:15 – Setting revenue per case targets and client affordability
07:20 – Flat fee vs. hourly billing: how each impacts case math
10:45 – Risks of taking too many or too few clients
14:30 – Planning for capacity and avoiding feast-or-famine cycles
18:10 – The importance of open and close dates in caseload tracking
21:00 – Using KPIs to measure staff efficiency and firm profitability
24:20 – Old-school “3X rule” for payroll and modern adaptations
27:40 – One step law firms can take today to get a clearer picture of caseload needs
30:15 – Ryan’s favorite “Dwight Schrute” moments from The Office
About the Show:
The Legal CFO with Ryan Kimler helps attorneys transform their practices into profitable, sustainable businesses. By focusing on financial clarity, KPIs, and smart growth strategies, Ryan empowers law firm owners to understand their numbers, make informed decisions, and build firms that thrive.
...more
17min
August 07, 2025 Realization, Collection & Retainers — The Revenue You’re Missing
Episode Summary:
In this insightful episode, host Ryan Kimler, founder of Net Profit CFO, discusses critical financial concepts that directly impact a law firm’s bottom line—realization rates, collection rates, and retainer management. Ryan explains the root causes of revenue leaks in law practices and provides proven strategies for increasing profitability, strengthening client relationships, and ensuring financial sustainability through better billing systems and time tracking practices.
Key Timestamps:
00:01 – Show introduction and topic overview
01:10 – Realization rate vs. collection rate: Key differences and why they matter
03:05 – How three-month retainers protect firms from revenue loss
06:42 – Common causes of low realization and collection rates
09:50 – Evergreen retainers and consistent billing practices
12:28 – Using retainers to stabilize monthly cash flow and reduce risk
14:35 – Tools and systems for monitoring retainers and improving tracking
17:08 – Top software recommendations for law firm efficiency
19:16 – The biggest internal and external revenue leaks in law firms
23:12 – Best practices for improving team realization rates and financial return
About the Show:
“The Legal CFO” is the go-to podcast for law firm owners ready to take control of their finances. Hosted by Ryan Kimler of Net Profit CFO, each episode delivers actionable strategies on profitability, financial clarity, and scalable growth tailored for legal professionals. From billing to budgeting, Ryan breaks down complex financial topics into clear, tactical advice.
...more
19min
July 15, 2025 Pricing for Profit — How Law Firms Can Stop Leaving Money on the Table
Episode Summary:
Ryan Kimler dives deep into why law firms often underprice their services and provides practical strategies for implementing effective pricing models. Learn how to evaluate your firm's profitability, set appropriate rates, and transition between hourly and flat-fee structures.

Key Timestamps:
00:04 - Introduction and episode overview
01:05 - Why law firms underprice their services
05:02 - How to evaluate before raising rates
07:21 - The 20-25% pricing rule
08:31 - Connecting pricing to profitability
13:40 - Pros and cons of flat-fee pricing
17:30 - Transitioning from hourly to flat-rate pricing

About The Show:
The Legal CFO is the show where clarity meets profitability. Each episode breaks down the business side of law with straightforward approaches and strategies to help law firms run smarter, earn more, and scale with confidence.
...more
21min

FAQs about The Legal CFO with Ryan Kimler:

How many episodes does The Legal CFO with Ryan Kimler have?

The podcast currently has 13 episodes available.