Law Firms and Finance
Law Firms and Finance
Avoid the Burnout: Shifting Focus from Low-Value to High-Value Legal Cases
Solving Cashflow Issues in a Flat Fee Model 💼
In this episode of Fix My Firm, we’re addressing a common cashflow challenge for law firms operating under a flat fee model.
We’ll dive into why cashflow problems persist despite a high volume of leads and how shifting your focus to higher-value cases can improve profitability. 📊
Here’s what you’ll learn:
🎯 How to identify the cashflow problem in a flat fee structure
📈 Adjusting your marketing strategy to attract higher-value cases
💡Strategies to improve financial health while reducing workload
Get ready to implement actionable steps to boost cashflow and improve your firm's financial stability.
00:00 Introduction and Question Overview
00:27 Identifying the Cashflow Problem
01:19 Analyzing Case Value Distribution
02:40 Marketing Strategy Adjustment
03:41 Results and Recommendations
04:40 Conclusion and Next Steps
For more tips on managing your firm’s finances …
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💼 LinkedIn - https://www.linkedin.com/showcase/law-firms-finance/
Need personalized help with your firm’s cashflow? 🧮
💼 TL Turner Group specializes in law firm finance, offering tailored bookkeeping and fractional CFO services to ensure your firm’s financial health while you focus on growth.
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Contact Us
🌐 Website: https://www.tlturnergroup.com/
✉️ Email: contact@tlturnergroup.com
TL Turner Group – We help make finance less complicated.