Scaling New Heights 2020

Scaling New Heights 2020

New normal at the conference It’s funny how an accounting conference can both exhilarate you and drain you all at the same time. This conference was no different, yet it was unique. The event was held at the Marriott World Center in Orlando, which is a massive...
Law Firm Profitability:  Utilization Rate

Law Firm Profitability: Utilization Rate

This week and the next few weeks we will be repeating some of our favourite Advisory posts. Why?  Because we are headed to the only accounting conference this year, Scaling New Heights. It is in Orlando, Florida, and just a quick 3-hour ride north of me. This...
Law Firm Profitability:  Utilization Rate

Law Firm Profitability: Utilization Rate

When you reflect on your law firm successes, one of the places to look is your utilization rate.  It is a straightforward metric where you track your hours worked divided by hours billed.  The calculation for the Utilization Rate is: Billable hours divided...