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The Metrics That Reveal Your Law Firm’s Financial Health

Part of the “Metrics That Matter” Series | Featuring Krystal Champlin-Gerage, RJH Consulting

Presenter
  • Krystal Champlin-Gerage CEO
 

Understanding your firm’s financial performance isn’t just about tracking revenue—it’s about gaining clarity, reducing risk, and planning for sustainable success. This free webinar from the Metrics That Matter series is designed to help you do exactly that.

Join Krystal Champlin-Gerage, a law firm strategist and business consultant, as she explores the KPIs and reporting strategies that reveal your firm’s true financial health and how to use that data to drive smarter growth.

Why Financial KPIs Are Crucial for Law Firms

Inconsistent reporting can lead to unclear margins, poor cash flow, and missed opportunities. Financial KPIs offer the visibility firm owners need to manage their finances confidently and avoid financial surprises.

This webinar will help you:

  • Understand your firm’s current profitability and cost structure

  • Spot early warning signs of revenue leakage

  • Set more accurate goals and budgets

  • Optimize your cash flow and investment decisions

Financial Metrics Covered in This Webinar

Champlin-Gerage shares a framework for assessing financial health using metrics that go beyond the basics:

  • Revenue Per Employee: A measure of team efficiency and output

  • Net Income as a Percentage of Revenue: Your firm’s profit margin

  • Run Rate & Forecasting: Projected earnings based on current performance

  • Realization & Collection Rates: What you bill vs. what you actually collect

  • Unbilled Days: A common drag on cash flow

These insights allow you to make better-informed decisions about hiring, pricing, and growth.

Reporting Pitfalls That Can Undermine Profitability

Many law firms unknowingly create gaps in their financial visibility. This webinar highlights the most common reporting mistakes—including fragmented data, delayed billing, and inconsistent tracking—and how to fix them with the right tools and processes.

How LawPay Helps Streamline Firm Financial Management

LawPay isn’t just a payment processor—it’s a financial operations solution designed for law firms. 

  • Maintain trust account compliance effortlessly

  • Automate reconciliation and get clearer reporting

  • Track payments, refunds, and client balances in real time

  • Improve cash flow with faster payments and integrated billing

Combined with your practice management system, LawPay ensures you always have a clear picture of your finances.

Watch More From the “Metrics That Matter” Webinar Series

This is the final of four high-impact sessions in our Metrics That Matter series—your guide to building a more innovative and strategic law firm. Whether you’re a solo attorney or leading a growing practice, this session will give you the tools to build a high-performing marketing and client development engine.

Catch the first session of this series here, the second session here, the third session here, or view this session and other webinars on demand from LawPay here.

Presenter

Krystal Champlin-GerageCEO