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Profitability Analysis

Profitability Analysis

Profitability Analysis

Discover What’s Driving—and Draining—Your Bottom Line

Profitability is the engine that powers your law firm’s growth, sustainability, and partner compensation. But not all work contributes equally. Without a clear analysis, it’s difficult to know which clients, cases, or billing models are moving the needle—and which are holding your firm back.

Brenda Barnes works with law firms to perform in-depth profitability analysis across multiple dimensions, helping you pinpoint the true financial performance of people, practices, and processes.

What We Analyze:

  • Practice area profitability
  • Individual attorney contribution margins
  • Client and matter-level financials
  • Realization and collection rates
  • Billing rate effectiveness and cost structure
  • Fixed vs. variable cost allocations
  • Expense ratios and overhead absorption

Key Questions We Help You Answer:

  • Are your billing rates aligned with your cost structure?
  • Which practice areas generate the highest margins?
  • Are you over- or under-investing in certain service lines?
  • Do you have a revenue problem—or an expense control issue?
  • What changes could improve profitability without sacrificing service?

Deliverables May Include:

  • Profitability dashboards with visual insights
  • Attorney and practice group performance breakdowns
  • Recommendations to improve margins and reduce waste
  • Forecasting models for growth scenario planning
  • Partner briefing with executive summary

Why It Matters:
Understanding your firm’s profit drivers isn’t optional—it’s essential for partner compensation, strategic growth, and long-term value.

When you know where your money is really coming from (and where it’s going), you can lead your firm with confidence.

Succession Planning

PracticeBlueprint™ Accelerator

Budgeting & Cash Flow Forecasting

Financial Processes and Internal Controls

Law Firm Compensation

Offering Custom Strategies That Optimize Your Law Practice

Offering Custom Strategies That Optimize Your Law Practice

Expertise + Prompt and Personalized Services to Achieve the Maximum ROI for Your Firm