{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fbe-that-lawyer.simplecast.com%2Fepisodes%2Fryan-kimler-numbers-for-lawyers-3eckQXpB","width":444,"version":"1.0","type":"rich","title":"Ryan Kimler: Numbers for Lawyers","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/a218f1aa-24d9-40ea-b6b9-9a135d62017f/507a232f-39a5-41b6-a968-b3a7fe6ebdfa/ryan-kimler.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"","height":200,"description":"In this episode, Steve Fretzin and Ryan Kimler discuss:\n\nThe numbers side of your law firm practice. \nThe KPIs firms should be looking into. \nWhy you need to understand your firm’s numbers. \nUtilizing an expert to look at your numbers to set your firm up for success. \n\n\n\nKey Takeaways:\n\nA lot of built in reports in financial software are for compliance, not for understanding what is happening with your firm’s numbers. \nFive of the simple numbers you should be tracking regularly: revenue, cost of goods sold, and operating expenses (marketing, payroll, other overhead). \nGetting a numbers assessment will give you a starting place to understand what your firm needs. \nYou didn’t go to law school to understand the numbers of your firm, working with a financial expert can help you to understand where you are at and where you are going. \n\n\n\n\"The rule of thirds absolutely still holds true today, which is, when you hire an attorney 1/3 of the revenue that are going to generate goes to pay them, 1/3 to overhead, and 1/3 to profit.\" —  Ryan Kimler\n\n\n\nConnect with Ryan Kimler:  \n\nWebsite: https://netprofitcfo.com/\n\nEmail: ryan@netprofitceo.com\n\nLinkedIn: https://www.linkedin.com/in/ryankfinancialclarityllc/  \n\n\n\nThank you to our Sponsors!\n\nLegalese Marketing: https://legaleasemarketing.com/\n\nMoneypenny: https://www.moneypenny.com/us/\n\n\n\nConnect with Steve Fretzin:\n\nLinkedIn: Steve Fretzin\n\nTwitter: @stevefretzin\n\nFacebook: Fretzin, Inc.\n\nWebsite: Fretzin.com\n\nEmail: Steve@Fretzin.com\n\nBook: The Ambitious Attorney: Your Guide to Doubling or Even Tripling Your Book of Business and more!\n\nYouTube: Steve Fretzin\n\nCall Steve directly at 847-602-6911\n\n\n\n\n\nShow notes by Podcastologist Chelsea Taylor-Sturkie\n\n\n\nAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. "}