Habit Eleven - They understand their finances
3m
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LEAP Legal Podcast
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Understanding your expenses is easy. Understanding the financial dynamics of matters is tricky. Good firms know how much profit they can make per matter type, allowing them to find the right blend of work to be profitable. If you can have every lawyer record what they are doing when they do it, you could unlock up to 30% profit, just from unrecorded or forgotten billings. This is what successful firms do to maximise their financial position.
The episode Habit Eleven - They understand their finances from the podcast LEAP Legal Podcast has a duration of
3:10. It was first published
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