Join Sasha Berson as he speaks again with Ryan Kimler, Owner of Net Profit CFO

👉Sasha and Ryan explore:

— The difference between bookkeepers, accountants and CFOs.

— Why hiring a CFO is a good idea even for law firms with less than $2 million in revenue per year.

— The three ways in which Ryan helps improve the profitability of a law firm; the first is to evaluate the billing and the ROI per attorney.

— Why it’s important to bill four to five times more than you’re paying an associate.

— Why total payroll expenses divided by revenue should be at around 40%.

— Why it’s a good idea to have four to six months’ worth of expenses in the bank.

— How to optimize profitability per attorney to get a minimum return of four or five times their true cost: this may mean adjusting their price point or wages.

📞Connect with Ryan Kimler:

• Email: [email protected]

• LinkedIn: https://www.linkedin.com/in/ryankfinancialclarityllc/

• Facebook: https://www.facebook.com/rkimler

• Net Profit's website: https://netprofitcfo.com/

• LinkedIn: https://www.linkedin.com/company/netprofitcfo/

📞Connect with Sasha Berson:

• LinkedIn: https://www.linkedin.com/company/grow-law/

• Instagram: https://www.instagram.com/grow_law/

• YouTube: https://www.youtube.com/@growlaw

• Facebook: https://www.facebook.com/growlaw 

• Email: [email protected]

• Phone: (312) 854-7724

#LawyerWebsite #LawyerSEO #LawFirmMarketing

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