Writing in the Margins: Just How Much Does Your Overhead Cut Into Your Revenue?
NCBA Law Practice Management Blog
AUGUST 8, 2022
Law firms often focus on gross revenue, when calculating how much they make. But, there are expenses that go into running every business, including a law firm. Knowing your profit margin is useful for finding out how much you ‘net’, in terms of revenue f rom your practice. And, gross profits aren’t what you really make.
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