AR Aging and Utilization Rates: Where Law Firm Profitability Is Really Made
A law firm can be billing at full capacity and still wonder why it isn’t profitable. High revenue means little if client write-offs are excessive, individual attorneys are not billing at capacity, collection efforts aren’t being met, or overhead is increasing.
Without a structured KPI report, these inefficiencies often go unnoticed until it becomes a crunch.
Read more: https://oriellyroche.com/ar-aging-and-utilization-rates/
Recent Posts
The annual expense audit: how law firms find profit hiding in plain sight
A new year, a new budget: How law firms should be planning their finances right now
Planning for What Comes Next: Why Every Law Firm Needs a Succession Financial Plan
Your KPI Report Is Only as Good as Your Data
When Good Attorneys Leave: What the Data Could Have Told You
