Profit on Purpose – Law Firm Management Techniques to Maximize Profit for Your Firm
Category: On Demand
Member Price: $140
Non-Member Price: $175
Areas of Law: For All Attorneys, Law Office Management, Young Lawyers Division
Keynote
Moderator
- Erdal Turnacioglu, Esq.
- Erdal Employment Law, LLC, Verona
Presenters
- Darren P. Wurz, MSFP, CFP, CEPA
- Author of the Book and Podcast, The Lawyer Millionaire
Presented in cooperation with the NJSBA Solo and Small-Firm Section
Darren Wurz, financial strategist and host of “The Lawyer Millionaire” podcast, will present this valuable seminar on how law firm owners can manage their firms in a way that maximizes profit and minimizes waste.
He will demonstrate how all attorneys can design a cash flow system that leads to more profits now and in the future. He will do this by examining the key financial standards and drivers of law firm profitability including owner compensation, essential tax planning tips and labor efficiency, ensuring that you and your employees convert time and effort into output, and cash flow management. He will also delve into the benefits of open book management, a business practice that empowers employees by sharing, teaching, and acting on financial and operational data to improve performance.
Maximize your profit and avoid costly missteps. Stop the slow drip of profits leaking out of your firm through these essential law firm management tips.
Please note: PA CLE credits are not available for this program.