This is a four-week intensive on the fundamentals of law firm financials, starting with a snapshot of where you are now and your goals. Then we’ll look at Target Allocation Percentages (TAPs) for various revenue levels up to $5 million, in terms of profit margin, owner’s compensation, and operating expenses. As a follow up, we examine marketing, closing ratios and fees per case. You'll follow a step-by-step diagnosis to optimize your 2019 revenue.
NOTE: This is a fundamentals class and a pre-requisite to advanced financial management courses.