1-888-800-7016 0587-108 Street Box 104, Edmonton, AB T5T 6J6
Case Studies
Mohamad - Legal
Problem
Low-profit margins and unable to understand employment contracts.
Solution
Met with the client, established guideline for monthly financial analysis. As a result, all operating costs were reviewed, contracts were re-negotiated, lowered lease costs on equipment, and customized the employment agreements with all Junior lawyers. Moved from standard hourly agreement to segmented with bonuses and performance standards and targets.
Result
- The firm was 33 % more profitable
- reduced staff turnover by 50 %.
- Principal partners Increased earnings by 28 %.
- Ongoing Virtual CFO Services
