The Legal CFO with Ryan Kimler
The Legal CFO with Ryan Kimler is a podcast dedicated to helping law firm owners gain clarity on their finances, increase profitability, and take control of their numbers. Each episode features straightforward strategies to help law firms run smarter, earn more, and scale with confidence.
Episodes
In this episode of The Legal CFO, financial strategist Ryan Kimler breaks down one of the most important questions for law firm profitability—how many cases do you really need? Ryan explains how attorneys can calculate the right number of cases based on average case value, billing models, expenses, and staff capacity. He also shares practical KPIs for tracking firm health, strategies for avoiding feast-or-famine cy...
In this insightful episode, host Ryan Kimler, founder of Net Profit CFO, discusses critical financial concepts that directly impact a law firm’s bottom line—realization rates, collection rates, and retainer management. Ryan explains the root causes of revenue leaks in law practices and provides proven strategies for increasing profitability, strengthening client relationships, and ensuring financial sustainability ...
Episode Summary:
Ryan Kimler dives deep into why law firms often underprice their services and provides practical strategies for implementing effective pricing models. Learn how to evaluate your firm's profitability, set appropriate rates, and transition between hourly and flat-fee structures.
Key Timestamps:
00:04 - Introduction and episode overview
01:05 - Why law firms underprice their services
05:02 - How to evaluate before r...
Episode Summary:
Ryan Kimler breaks down the optimal payroll benchmarks for law firms, discussing the ideal percentage of revenue allocation, staffing balance, and strategic hiring decisions. Learn how to maintain competitive salaries while ensuring operational sustainability in your law practice.
Key Timestamps:
00:40 - Introduction to payroll benchmarks
00:57 - Optimal payroll percentage (40-45% of revenue)
03:26 - Salary consi...
Episode Summary:
In this episode, Ryan Kimler discusses essential financial planning strategies for law firm owners. He breaks down key metrics for business efficiency, retirement planning approaches, and practical tips for building long-term stability. Ryan shares insights on proper expense allocation, profit margins, and the importance of strategic real estate investments for law firms.
Key Timestamps:
00:04 - Introduction and ...
Episode Summary:
In this episode of The Legal CFO, host Kevin Rosenquist and Ryan Kimler, founder of NetProfit CFO, discuss the crucial role of a CFO in law firms. Ryan explains the differences between bookkeepers, accountants, and CFOs, while sharing insights on when law firms should consider hiring financial professionals and how they can improve profitability.
Key Timestamps:
00:01 - Show Introduction
01:02 - Differences betwe...
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