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18. Accelerate Your Firm: Intake and Understanding Revenue | Chad Dudley, Dudley DeBosier Injury Lawyers

18. Accelerate Your Firm: Intake and Understanding Revenue | Chad Dudley, Dudley DeBosier Injury Lawyers

FromTip the Scales


18. Accelerate Your Firm: Intake and Understanding Revenue | Chad Dudley, Dudley DeBosier Injury Lawyers

FromTip the Scales

ratings:
Length:
54 minutes
Released:
Jan 18, 2023
Format:
Podcast episode

Description

Chad Dudley, founder at Dudley DeBosier Injury Lawyers, has grown his firm to over 60 attorneys and over 200 staff members. He replicates that success in firms across the nation. He has worked nationwide with over 200 law firms to accelerate growth, increase revenue, and build stronger practices. Driven by curiosity, he has charted the course for any practice to significantly increase profit margins. At first glance, implementing effective systems and generating the right reports may seem simple ways to increase revenue. But it is in the details where the real work - and Chad's insight - begins. Today, he shares with us the right way to think about, and structure, intake. How to evaluate the revenue production and labor costs. And he gives us the five reports that every firm needs to understand in order to thrive. Key takeaways:

Stay curious. There is something to learn from every experience. Conferences and law firms  - both good and bad - all have teachable moments. 

Don't reinvent the wheel. Recreate what works. When a process - like intake - is done well, break it down into the most granular components. Then train the team to follow the instructions to replicate the success. 

Intake is a sales position. Hire and train accordingly. Be mindful of the unintended consequences of commission-based compensation.  
Links and Resources
Tip The Scales Podcast
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Maria Monroy Instagram
Maria Monroy LinkedIn
LawRank Website
LawRank Instagram
LawRank Facebook
LawRank LinkedIn
LawRank Twitter
CJ Advertising
Chad Dudley LinkedIn
Dudley DeBosier Injury Lawyers
CJ Advertising Instagram
Released:
Jan 18, 2023
Format:
Podcast episode

Titles in the series (79)

Let's face it - theory learned in law school has little practical application when building a successful firm. Host Maria Monroy, President, and Co-founder of LawRank is here each week with conversations that inspire you to build a better practice and be a stronger attorney. When success lies in the balance of law and life - we're here to help you Tip the Scales.