How FirmInsights Helped a Mid-Size NY Law Firm Increase Revenue by 17%
A well-established New York small-medium law firm, employing approximately 60 lawyers, faced challenges in effectively managing its operations and improving profitability. Despite the firm’s strong reputation, equity partner compensation remained low, leading to persistent frustration. Following an outdated model, the finance department worked diligently but focused primarily on basic tasks such as bookkeeping, billing, collections, and profit distribution calculation among partners.
