Monitoring Your Cash = Law Firm Growth – with Leah Miller
Most law firm owners look successful on the outside—busy staff, a nice office, and a steady stream of clients. But behind the scenes, too many are secretly transferring money from personal savings just to cover payroll, running on fumes, and wondering why all their hard work isn’t turning into real profit.
If you’re growing but constantly feel cash poor—or you simply want to take home more from what you earn—this episode is your wake-up call. I’m joined by Leah Miller of Firmly Profits, a former law firm administrator turned fractional CFO who’s seen exactly where owners go wrong and how to fix it.
🔹 In this episode, you’ll learn:
- The #1 financial mistake law firm owners make—and the simple shift that can start reversing it immediately
- Why a budget isn’t about restriction—it’s your roadmap to freedom and smarter growth
- How to boost profit without cutting staff, cutting corners, or killing your marketing
- The key numbers successful firms track every month (and the exact percentages to aim for)
- Proven strategies to break through revenue plateaus—no matter your practice area or firm size
Stop letting your bank balance call the shots. Learn how to make every dollar work harder so you can generate more profit, more personal income, and the freedom you started your firm to create.
Episode Highlights
[00:00] Unlocking hidden profits: Why law firms miss out
[04:37] The success illusion: Cash-poor owners & surface metrics
[06:13] Leah Miller- owner of Firmly Profits
[09:48] Paralegal to CFO: Leah Miller’s financial journey
[12:35] Top financial mistake law firm owners make
[16:00] Budgeting made simple: Realistic goals for growth
[19:21] Crushing revenue bottlenecks & inefficiencies
[22:30] Sustainable growth: Boost revenue without extra marketing
[28:48] Monthly financial review: Metrics every firm needs
[30:21] Law firm profit margins: Benchmarks & improvement tips
Resources
Book your FREE strategy session today!: profitwithlaw.com/strategysession
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Connect with Leah Miller: Website | LinkedIn
About Leah Miller
Leah owns a fractional CFO and bookkeeping firm that specializes in helping law firms feel confident in their firm finances.
Connect with Leah Miller on her Website. You can also follow her on LinkedIn.
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Author
Moshe Amsel
Author
Moshe Amsel the host of the Profit with Law podcast is not an attorney. As the owner of a successful accounting firm DreamBuilder Financial and Law Firm Growth coaching organization Profit with Law, Moshe has proven that there are better and different ways for a law firm to do business and be successful.
