Profit First for Lawyers
The Profit First for Lawyers podcast is the companion show to the book, Profit First for Lawyers by RJon Robins. The goal of the book and podcast are to empower lawyers with practical and actionable information to help them improve their lives by putting their family, their firm, and their Profits First.
Episodes
“Do not let perfectionism be the enemy of profitability. Profitability and perfect rarely go together. Imperfect and profitable? They get along great.” – RJon Robins, author of Profit First for Lawyers
Progress Beats Perfection
...
“If you’ve got no profit, then you can’t do great marketing that gives you the option to say, ‘No thank you,’ to a bad client or even the wrong client with the wrong case.” – RJon Robins on Love Thy Lawyer podcast
In this special bonus ep...
“Let’s keep in mind, rapid growth consumes cash. You burn cash to grow your firm.” – RJon Robins, author of Profit First for Lawyers
Growing your law firm requires more than wishful thinking. It requires a deliberate plan.
Thi...
“There is no place on the balance sheet for the freedom of getting to live life on your terms.” – RJon Robins, author of Profit First for Lawyers
Profit means something different to law firm owner John Cannon today than it did when he opened his law firm in 2019...
“If you’re not paying attention to core working capital, it’s like waking up one day and all of a sudden you’re in the middle of a shit storm. And you’re like, “How did this happen?!” – RJon Robins, author of Profit First for Lawyers
“If your law school experience was anything like mine, chances are they taught you nothing in law school about the business of how to manage a law firm.” – RJon Robins, author of Profit First for Lawyers
Sometimes the right book arrives at the right moment. For ...
“The law firm that cannot function without its owner or owners being there every single day doesn’t really have a business. They have a job.” – RJon Robins, author of Profit First for Lawyers
Do you dream of a day when you can step away from the daily prod...
“Entrepreneurially immature people won’t deal with unpleasant emotions, which is why they just end up trapped in this cycle of mediocrity their whole life.” – RJon Robins, from The Exponential Entrepreneur podcast
This week we’re doing something a li...
“When you’ve taken your profit off the top, like we talk about in Profit First for Lawyers, and you’ve only got what you’ve only got to cover expenses, it forces you to be more honest with yourself. It forces you to grow up as a business owner and make better decisions.” – RJon Robins, a...
“Someone in your office is stealing from you. They may not be stealing money and putting it into their own pocket, but they’re stealing time. They’re giving away work for free.” – RJon Robins, author of Profit First for Lawyers
Many law firm owners f...
“One of the big problems that we see in your profit and loss statement is when your business is not paying you an appropriate normalized salary.” – RJon Robins, author of Profit First for Lawyers
Many law firm owners know what they pay themselves, but few have s...
“There are three ways you’re going to get compensated from your business. One is W-2 Salary. Two is K-1 distributions. Three is other benefits.” – RJon Robins, author of Profit First for Lawyers
How profitable is your law firm? The answer might be more com...
“Accounts receivables are so much worse for a law firm than most lawyers understand or appreciate. So much worse.” – RJon Robins, author of Profit First for Lawyers
In this episode, How To Manage a Small Law Firm CFO and CEO advisor, Etienne Hardre expands upon ...
“If we can develop good habits for you when your business is still in the first stage of growth, you’re going to bring those good habits with you into business maturity.” – RJon Robins, author of Profit First for Lawyers
A growing business requires a growi...
“We are going to break away from the dictionary’s limited definition of profit and profitable, which only account for financial profits.” – RJon Robins, author of Profit First for Lawyers
For many law firm owners, profitability is measured by one thing: mo...
“I want to expose you to a really cool world of financial literacy to empower you to be better, more confident business owners.” – RJon Robins, author of Profit First for Lawyers
If financial reports, spreadsheets, or business metrics have ever made you want to ...
“Your law firm is a business. Your business is supposed to work for you.” – RJon Robins, author of Profit First for Lawyers
For many law firm owners, profitability seems uncertain. Maybe there will be money left over at the end of the year. Maybe there won&rsquo...
“The biggest challenge we have in helping someone go from zero to seven figures… is that they don’t believe it’s possible.” – RJon Robins, author of Profit First for Lawyers
Why do brilliant lawyers struggle to build profitable businesses?
<...“I want you to feel empowered by the knowledge that GAAP is not the only way to manage a small law firm to profitability.” – RJon Robins, author of Profit First for Lawyers
In this episode, Pietro Canestrelli shares how following Profit First accounting principles helped transform not just his law firm’s profitability, but the way he thinks about o...
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