Tracking your law firm’s revenue and expense numbers gives you helpful insight into which areas of your practice are more profitable or which staff members or contractors are truly valuable.
Melissa Shanahan, a top-notch business coach for solo and small firm attorneys, joins Ernie to discuss how best to track these metrics.
Show Notes
- The Law Firm Owner Podcast (Melissa Shanahan’s podcast)
- Velocity Work (Melissa’s website)
- The 80/20 Principle: The Secret of Achieving More with Less, by Richard Koch (about using the power of 80/20 leverage in any business)
- Subscribe to 80/20 Lawyering – a Substack-published newsletter for solo & small firm lawyers looking for ways to get more of what they truly want without unnecessary stress or strain.
- Join ‘Inner Circle‘ – a private discussion group for lawyers interested in making massive improvements in their law practices.
General Resources
- Learn to use technology to reduce friction & gain freedom with this resource: https://www.the8020lawyer.com/
- Focus on these essential tech tools for maximum traction in your practice.
- Take this short law practice assessment to identify your main strengths & weaknesses.
Thanks to Our Sponsors
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EPISODE CREDITS:
If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.
He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their businesses and impact the world.
Find out more at EmeraldCity
Discover how to create a relaxed law practice by using the 5 Tech Pillars.
