Profit First for Lawyers Your Invitation To Live A Profitable Life
“The first reason so many small law firms struggle to become or remain profitable is a lack of education about the business of how to manage a successful small law firm.”
– RJon Robins, author Profit First for Lawyers
Working Smarter, Not Harder
Have you been spinning on the hamster wheel working countless hours while profitability eludes you? Nequosha Anderson, founder of Anderson Law Firm, knows that feeling intimately. Despite her data science background, she found herself trapped in the cycle of working harder instead of smarter. Her journey from struggling law firm owner to profitable practice reveals why education about the business side of law is critical, and why redefining “profit” beyond just money changes everything.
RJon In The Studio
Which is why one particular segment from Chapter 4 (page 28-29) of the Profit First for Lawyers book resonated with Nequosha’s experience. RJon’s explanation of how law firm owners lack business education and make problems worse by working harder on the wrong things hit home. She realized her tireless efforts were not actually accomplishing meaningful goals, and that something needed to change.
Key Takeaways:
- Working harder on the wrong things compounds profitability problems rather than solving them
- Use profitability as your decision-making filter: If it’s not profitable, don’t do it
- Service and profit are married concepts, not opposing forces
- Profit isn’t just about money – it’s about happiness, health, and the ability to help others
- Stop making excuses and face the truth about what you really want
- You don’t need to understand every step of Profit First to know it will benefit your firm
Nequosha’s transformation demonstrates that once you face the reality of where you spend your time and energy, you can build a practice that serves you and your clients. Her message is clear: examine your definition of profit, figure out what you really want, and start taking the steps to build that life. You are cordially invited to live a profitable life. Will you accept the invitation?
Resource: Profit Leak Assessment
The Profit Leak Assessment is a practical, on-demand course to help law firm owners find thousands of dollars in potential profit leaks. Karli teamed up with Evelyn Aucoin, Financial Literacy and Strategy Expert with How To Manage A Small Law Firm to create this resource for law firm owners. Click the button below to start plugging the profit leaks in your firm. Your future self will thank you for it!
Connect and Engage
- Connect directly with Nequosha Anderson at www.andersonlawfl.com
- Book mentioned: On Bullshit by Harry G. Frankfurt
- Discover more about How To Manage A Small Law Firm
- Subscribe to the Profit First for Lawyers podcast
- Watch episodes on YouTube
- Follow Profit First For Lawyers on social media: LinkedIn | Instagram | Facebook
And most importantly, order your copy of Profit First for Lawyers today!