Fri, 03 Apr 2026 08:01:46 -0700 TheImmigrant from private IP, post #18215580 /all Business Advice for andy • Get fuckin' retainers. No Mr Nice Gen X guy. • Get a revolving line of credit if you can if your problem really is down to cash flow versus just "not making money." You don't have many assets to borrow against because you're Gen X but sub-90 AR should qualify. This comes in handy if you book a big PI case or something with tons of medical shit to pay for. Use a revolver like a tourniquet. If it stays drawn, you are not profitable. You are pretending. • Billable hours mean nothing if they do not turn into cash. Stop writing down time. Scope hard. Price like you mean it. Discounting is cowardice with a spreadsheet. • If you're paying your Associates a bonus in excess of base salary, PAY ON REALIZED BILLABLES, i.e. collections. • 2000k hours is the baseline. 1200 is a hobby. If the work is not there, cut heads. Idle lawyers do the devil's work. • Publish numbers. Utilization, realization, collections. Name names. “Busy” without billables is theater. Theater does not clear invoices. Build a dashboard using C++, postGREs, and Claude Code. Pull from the Rocket Matter API. Or make your own app that's better than Rocket Matter and sell it the shitlawyers. Actually, do this. This seems like a good idea. Write this down. You probably already made this app imo. • Raise rates where they stick. Enforce scope where they do not. Commodity work is for firms that enjoy bleeding. Pick a lane and own it. • Use Engineering to spy on your employees. Install backdoors and remote access software that you can turn on at any time and spy on them. Install key loggers also. Who am I kidding, you've already done this haha • Your Office probably costs you like $25k/month for some reason. If you're really really poor then idk don't they have those Executive Office Suite things that give you an address to publish that isn't your House, and where you can meet Clients. You can do your actual work at home. Fri, 03 Apr 2026 08:04:54 -0700 Andy from private IP Reply #17322447 Thanks for the advice. We have an internal portal with all the data. I may be able to post a redacted version of it on here. We have our own email server so I can monitor people's emails if I want to. The office is less than $20k but it's still a lot. It's a great presentation and I close 100% of clients who visit the office, and even most who do not. Fri, 03 Apr 2026 08:16:03 -0700 TheImmigrant from private IP Reply #14789837 You always say that you Close everyone. You said this about interviews too. So stop working 1000k hours a year. Get more Clients. it should be like 3000k. what is your personal net worth? Discuss. jw. Not trying to be a dick. Fri, 03 Apr 2026 08:18:16 -0700 Andy from private IP Reply #14589494 There are challenges in running a small law firm that are not always apparent. I cannot expand further because the payroll obligation is too large and the cash advances I have to make before clients pay are too large. I'm basically stuck at 4 attorneys for now, but we'll see. Fri, 03 Apr 2026 08:39:13 -0700 TheImmigrant from private IP Reply #10599736 Get financing imo. aren't there Angel Investors everywhere around you? tell them your Firm a startup, focused on Engineering. Because really, it is. Fri, 17 Apr 2026 09:10:22 -0700 Exnite from private IP Reply #11823006 Time for an IPO. I’ve done many in my career and I’ve seen a lot with less substance than this go public. Fri, 17 Apr 2026 10:21:48 -0700 marlon from private IP Reply #19948321 https://finance.yahoo.com/quote/CRML/profile/ Full Time Employees: 4Replies require login.
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