Brandy Derrick: Making More Money in Your Law Practice

<p><strong>In this episode, Steve Fretzin and Brandy Derrick discuss:</strong></p><ul><li>Why lawyers are not great with money, billing, and books. </li><li>How lawyers can reduce AR and overhead costs. </li><li>Understanding your numbers and making more money. </li><li>Delegating and outsourcing your bookkeeping. </li></ul><p> </p><p><strong>Key Takeaways:</strong></p><ul><li>You are not taught how to do bookkeeping in law school or typically at the law firm level. </li><li>Collect a retainer up front and stay on top of the monthly billing. </li><li>Consistently and timely send out your invoices. This shows that getting paid is important to you. </li><li>Likely, you do not need to be spending thousands of dollars in rent for your office every month. There are more options than ever for working remotely or in a co-share space.</li></ul><p> </p><p><i><strong>"Pay attention to your marketing. Understand which are the most profitable, and how you are getting those clients." </strong></i><strong>—  Brandy Derrick</strong></p><p> </p><p><strong>Connect with Brandy Derrick:  </strong></p><p>Website: <a href="https://legaleasebookkeeping.com/">https://legaleasebookkeeping.com/</a></p><p>Email: <a href="mailto:brandy@legaleasebookkeeping.com">brandy@legaleasebookkeeping.com</a></p><p>Phone: 469-751-2150</p><p>LinkedIn: <a href="https://www.linkedin.com/in/brandyderrick/">https://www.linkedin.com/in/brandyderrick/</a></p><p> </p><p><strong>Thank you to our Sponsors!</strong></p><p>LegalEase Marketing: <a href="https://legaleasemarketing.com/">https://legaleasemarketing.com/</a></p><p>Moneypenny: <a href="https://www.moneypenny.com/us/">https://www.moneypenny.com/us/</a></p><p>Practice Panther: <a href="https://www.practicepanther.com/">https://www.practicepanther.com/</a></p><p> </p><p><strong>Connect with Steve Fretzin:</strong></p><p>LinkedIn:<a href="https://www.linkedin.com/in/stevefretzin/"> Steve Fretzin</a></p><p>Twitter:<a href="https://twitter.com/stevefretzin"> @stevefretzin</a></p><p>Facebook:<a href="https://w