EPISODE · Sep 23, 2024 · 41 MIN
Appropriate Law Firm Owner Profit Expectations with Ryan Kimler - #91
from The Sterling Family Law Show · host Jeff Sterling Hughes
Send us Fan MailIn this fun interview with Ryan Kimler I learned a ton about how to benchmark our law firm profit. This is the kind of information that all B2C law firm leaders need to pay attention to. I haven't at times, and it has cost me.We focused our talk on law firms serving people (B2C) and discussed: - The most Important Financial Metrics- Healthy Gross Margins and Net Margins to aim for- Where law firms often have the most waste- Calculating the owner's full benefit, vs. just net profit- Where the low hanging profit fruit is to grab first- and more . . .This interview definitely shaped my approach to aspects of our financials. It will help you too.Enjoy!For more insights from Ryan Kimler, be sure to check out his platforms:LinkedIn: https://www.linkedin.com/in/ryankfinancialclarityllc/Facebook: https://www.facebook.com/rkimlerYouTube: https://www.youtube.com/channel/UCiLyqCOvxvnnlr3_6BOGqwwWebsite: https://netprofitcfo.com/https://financialclarityllc.com/----------------------Ready to find the accountability partner you need to build your dream family law firm the same way we grew Sterling Lawyers? Follow these steps: 1. SUBSCRIBE TO JEFF'S NEWSLETTER: https://jsterlinghughes.com/ 2. BOOK A FREE 30-MINUTE AUDIT WITH US: https://rocketclicks.com/schedule-a-family-law-quick-audit/ 3. CONNECT WITH US: LinkedIn: Jeff Hughes, Tyler Dolph, & Anthony Karls, Facebook: Jeff Hughes, Tyler Dolph, & Anthony Karls, Instagram: Jeff Hughes, Tyler Dolph, & Anthony Karls4. TELL US WHAT YOU WANT: Tell us in the comments if you liked this episode and what other kinds of episodes you would like to see.
What this episode covers
Send us Fan Mail In this fun interview with Ryan Kimler I learned a ton about how to benchmark our law firm profit. This is the kind of information that all B2C law firm leaders need to pay attention to. I haven't at times, and it has cost me. We focused our talk on law firms serving people (B2C) and discussed: - The most Important Financial Metrics - Healthy Gross Margins and Net Margins to aim for - Where law firms often have the most waste - Calculating the owner's ful...
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Appropriate Law Firm Owner Profit Expectations with Ryan Kimler - #91
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