5 Ways To Make Your Law Firm More Profitable

"The way to build a multi-million dollar business is not with some grand gesture. The way to build a multi-million dollar business is by fixing little problems in your business...and that's a much more durable solution"

Welcome inside the vault. This is a collection of previously unreleased lessons from eight-figure entrepreneurial mastermind RJon Robins. And in case you didn't see the warning label – this content can be explicit and is for serious entrepreneurs only.

In this lesson, RJon provides How To MANAGE a Small Law Firm members with a detailed roadmap for increasing law firm profitability. He focuses on five key areas for improvement:

1. Increasing gross revenue
2. Increasing gross profits
3. Being smarter about fixed costs
4. Reducing waste
5. Reducing the cost of acquisition

Through practical examples, actionable strategies, and cost-effective solutions, RJon demonstrates how law firm owners can build a more profitable and durable business. 

Let's go to the vault!

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Turn the lessons in this episode into an actionable growth plan for your business with the FREE 5-Week Business Plan Bootcamp. https://htm.live/bootcamp

Chapters

• 0:00 Introduction
• 1:27 Five Ways to Increase Law Firm Profitability
• 1:55 Increasing Gross Revenues
• 5:12 Reducing Shrinkage and Improving Efficiency
• 11:48 Transitioning from Billable Hours to Value-Based Billing
• 15:55 5-Week Business Plan Bootcamp
• 16:23 Collections, A/R, and ROI
• 19:56 Reduce Fixed Costs
• 21:11 Reduce Cost of Acquisition
• 22:35 Get Better at Sales