Brooke Lively from Cathedral Capital on Financially Legal

Episode 37. What is the role of profit in your law firm? An interview with Brooke Lively from Cathedral Capital

Have you ever considered the role of profit in a law firm? No, I mean, really thought about what it is, why it exists, whether it should be a part of your firm, and/or how to grow it. If so, then this episode is for you.

Brooke Lively is the founder and CEO of Cathedral Capital. Her mission is simple: make law firms more profitable. And she’s written a book for lawyers all about it: From Panic to Profit.

 

In this episode of Financially Legal we talk with Brooke not only about profit but about how every firm - yes, even flat fee and personal injury firms - needs to leverage the billable hour. We discuss accounts receivable (AR) at law firms, how AR problems begin with the engagement letter, how saving a client credit card changes how you think about your law practice, and much more.

Download the 5 Pieces of the AR Puzzle from Brooke and Cathedral Capital.

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