Boosting Profit with Strategic Law Firm Management with Suzette Welling, the CEO of Law Practice Edge

Join Sasha Berson as he speaks with Suzette Welling, the Founder of Law Practice Edge

👉 Sasha and Suzette explore:

— The challenges of bringing in inexperienced managers from outside the legal industry

— Alternative partner compensation structures beyond equal splitting of profits

— Suzette's experience helping firms develop new compensation models

— Establishing standard operating procedures and budgets, and analyzing attorney profitability

— The importance of recruiting top talent and how challenging it is for law firms

👉 Main takeaways from the episode:

— Bringing in inexperienced managers from outside the legal industry often fails without the proper firm experience and skillset required

— Compensation structures need to appropriately reward rainmakers for the business they generate to attract top talent

— Strategic consulting processes help firms establish priorities, protocols, and accountability measures

— Formalizing processes ensures work is directed to the appropriate level while maximizing returns

📰 About Suzette Welling:

Suzette Welling is the Founder and President of Law Practice Edge, bringing over 25 years of distinguished experience in law firm management. As a Certified Legal Manager and holder of a Legal Lean Sigma certification, Suzette possesses proven expertise across strategic planning, finance, human resources, and more. 

She guides firms of all sizes, utilizing her comprehensive knowledge and specialized process improvement tools. Previously honored as the Tampa Bay Business Journal CFO of the Year, Suzette's career has been about pursuing excellence and supporting legal professionals through tangible resources and trusted advice.

📞 Connect with Suzette Welling:

• Website: https://lawpracticeedge.com/ 

• LinkedIn: https://www.linkedin.com/in/suzettewelling/ 

• Facebook: https://www.facebook.com/suzette.welling/ 

📞 Connect with Sasha Berson:

• LinkedIn:  https://www.linkedin.com/company/grow-law-firm/ 

• Instagram: https://www.instagram.com/grow_lawfirm/ 

• YouTube: https://www.youtube.com/@growlawfirm 

• Facebook: https://www.facebook.com/growlawfirm 

• Email: info@growlawfirm.com

• Phone: (312) 854-7724

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If you enjoyed today’s show, please leave a review and subscribe so you never miss an episode. For more information and links to all of the resources mentioned in today’s episode, visit https://growlawfirm.com/