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The Vital Signs of Firm Profitability

The ultimate objective of law firm management is to create profit for owners. It is the role of a managing partner, management committee, and CFO to understand the elements that impact profitability, identify and improve weaknesses that soften profitability, and capitalize on opportunities to enhance profitability.

28 minute read October 27, 2011 at 10:04 AM
By
Steven A. Davis and Marc Feigelson
The Vital Signs of Firm Profitability

The ultimate objective of law firm management is to create profit for owners. It is the role of a managing partner, management committee, and CFO to understand the elements that impact profitability, identify and improve weaknesses that soften profitability, and capitalize on opportunities to enhance profitability.

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