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Episode 354 | 7 Obstacles Keeping Your Law Firm Stuck Making $500K (or Less) in Annual Revenue
In the early years, growth comes from effort. You can double or even triple revenue on hard work alone, and mostly that works. Then you cross the half-million mark, and it stops working, and nobody warns you that it's going to.
Somewhere between about $400,000 and $600,000, most firms stall. You've hired a support person or two, you're still doing all the legal work yourself, and you feel comfortable because you're still in control of every detail. If you have to be away for any real length of time, operations grind to a halt.
I've said this before, and it bears repeating. The most I have…
The skinny
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