What Law Firm Numbers Should I Track First? - #102
Manage episode 448989535 series 3485053
Numbers will make or break your law firm.
Tracking the wrong ones is like getting bad directions to a desired location.
Failing to track a number is an admission of not managing it.
It's critical to get the number tracking right.
This show is about:
1 - Leading vs. lagging indicators, understanding what to focus on for future success
2 - Essential KPIs to monitor, including new client inquiries, consults, and revenue
3 - The constant challenge of data integrity
4 - Avoiding vanity metrics
5 - Strategies for simplifying your reporting process to keep your team focused
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I share my family law firm’s secrets, tactics, and strategies of how we have grown from 0 to 25 attorneys and over $15m in revenue in our first ten years.
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