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This week's key insight is the simplicity of basic law firm economics: 𝙧𝙚𝙫𝙚𝙣𝙪𝙚 𝙢𝙞𝙣𝙪𝙨 𝙤𝙫𝙚𝙧𝙝𝙚𝙖𝙙 𝙚𝙦𝙪𝙖𝙡𝙨 𝙥𝙧𝙤𝙛𝙞𝙩 Let's start to dive into overhead. First, I like to calculate overhead as a percentage of revenue because this creates context. Overhead of $200,000/year doesn't both you much if your revenue is $1,000,000/year. But it bothers you a lot if your revenue is $250,000/year. #legaltech #lawfirm #legaltechnology #legalservices #legalinnovation Association of Legal Administrators (ALA), Association of Legal Administrators, New York City Chapter, Golden Gate Chapter, Association of Legal Administrators, Association of Legal Administrators - Boston Chapter, Association of Legal Administrators, Jacksonville, Association of Legal Administrators, Nutmeg Chapter, Association of Legal Administrators Mexico Chapter, ALA Capital Chapter, ALA Houston Chapter, ALA Chicago

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