In this episode, Steve Fretzin and Brandy Derrick discuss:

• Why lawyers are not great with money, billing, and books.
• How lawyers can reduce AR and overhead costs.
• Understanding your numbers and making more money.
• Delegating and outsourcing your bookkeeping.

Key Takeaways:

• You are not taught how to do bookkeeping in law school or typically at the law firm level.
• Collect a retainer up front and stay on top of the monthly billing.
• Consistently and timely send out your invoices. This shows that getting paid is important to you.
• Likely, you do not need to be spending thousands of dollars in rent for your office every month. There are more options than ever for working remotely or in a co-share space.

"Pay attention to your marketing. Understand which are the most profitable, and how you are getting those clients." — Brandy Derrick

Connect with Brandy Derrick:

Website: https://legaleasebookkeeping.com/

Email: brandy@legaleasebookkeeping.com

Phone: 469-751-2150

LinkedIn: https://www.linkedin.com/in/brandyderrick/

Thank you to our Sponsors!

LegalEase Marketing: https://legaleasemarketing.com/

Moneypenny: https://www.moneypenny.com/us/

Practice Panther: https://www.practicepanther.com/

Connect with Steve Fretzin:

LinkedIn: Steve Fretzin

Twitter: @stevefretzin

Facebook: Fretzin, Inc.

Website: Fretzin.com

Email: Steve@Fretzin.com

Book: The Ambitious Attorney: Your Guide to Doubling or Even Tripling Your Book of Business and more!

YouTube: Steve Fretzin

Call Steve directly at 847-602-6911

Show notes by Podcastologist Chelsea Taylor-Sturkie

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.