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
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