The Next Generation of Law Firm Profitability

Join us for an insightful discussion on September 18^th at 12:30pm ET to guide law firms through the complexities of profitability in the modern era. Discover how to adapt your firm’s structure to harness technological advancements and ensure sustainable growth.

Key Topics:

• Understanding Profitability 
  • Embrace future-proofing: Transform your firm from a traditional structure to a business-oriented model.
  • Profitability calculations: Identify actual profit and revenue streams.
  • The importance for your firm's next phase: Why understanding profitability is essential.
• Compensation and Equity
  • Addressing generational trauma and sensitive topics around partner compensation.
  • Structuring compensation: Factoring in equity for shareholders.
  • Beyond total bank account deposits: Understanding the true source of profits.
• Benchmarking Pitfalls
  • Strategic insights: How to think about benchmarking and the factors involved. 
  • Customized calculations: Understanding what goes into your firm’s profitability metrics. 
  • Avoiding the comparison trap: Why benchmarking against others isn't always accurate.

Mark your calendar at 12:30 PM EST / 11:30 AM CDT on September 18 and secure your spot!
Can't make it? Be sure to register and we will send you the recording.

About the Speakers:

Debbie Foster is a nationally recognized thought leader on people, strategy, efficiency, and innovation in professional legal organizations. Her 20+ years of experience, combined with a mix of strategic management and strong leadership skills, has enabled Debbie to develop a unique ability to work with law firms and legal departments to transform and build future-proof organizations while navigating the ever-changing landscape. Debbie consults with firms across the country, helping them solve their most challenging issues 

Paige Roncke is an attorney with 15 years of experience working in software technology. Today she is the General Manager at Centerbase, building repeatable software processes to help attorneys focus on practicing the law while future proofing their firm to maximize profitability.