How This Law Firm Increased Their Profits By 183%... And How Your Business Can As Well

If you're struggling to become profitable as a business… I’m going to let you in on a little secret that might uncover the reason why.

First of all.. let's clear something up.You’re not going crazy. (Good News)

Lots of other people are having the same problem. (Bad News)

But… luckily, I have the solution. (Great news)

Over 40% of the largest 2000 businesses in the US are unprofitable. It is no wonder that small businesses are also struggling to make it through these hard economic times as well.

These are businesses with millions of dollars being spent on finance/accounting. And even they struggle to see profits. 

Are you no longer seeing profits?- Here’s the issue

As a business owner, at some point in time you found out that you were extremely great at one or two things, or a couple if you are lucky (like me). 

You also realized that you were most likely better off doing this work on your own instead of slaving away for someone else as your boss. 

Odds are, most businesses start off relatively small.. (Unless you got a small loan of $1M+)Things slowly grow and with that, more complex problems and headaches arise. 

To grow and stay competitive, businesses at some point must; hire employees, buy equipment, pay bills, buy a working space, etc. 

This can quickly become overwhelming and start to be too much for just one person to handle.

Not to mention… you might find yourself without pay if things don’t go as planned, and that's before paying the tax man.

That is why scaling is the hardest part of any business, it’s extremely difficult to figure out the next move when you as the owner are already so strict on time. There’s tons of complex moving parts to a big business.

I recently worked with someone who had this exact issue. 

Let’s look at a case study of the firm that I managed to solve this problem for.

This business was making hundreds of thousands of dollars in revenue, but failing to see any profits until they made this change… 

In 2024, our services were hired by a business that was on the verge of bankruptcy. A wise decision… since we were able to turn everything around and put them on a debt repayment plan, balance their books, and avoid bankruptcy.

How We Fixed This Issue In Less Than A Year

In 2023, this law firm was doing over $600,000 in revenue, but not making any profits. In fact, they were losing money and borrowing even more just to stay afloat. 

That was until in mid 2024, when I came to the rescue.

We turned the business around and they are now doing just under a million dollars in revenue.

BUT, this time with major profits (for the first time in a looong time). 

An increase of 183% to be exact. 

Having someone solely dedicated to managing and solving their financial tasks was a game changer.

This allowed time to be given back to the CEO so that they were able to focus on day to day tasks of creating good business systems, and as well as practicing law. Instead of staring at excel spreadsheets for 5 hours a week.  

And the biggest improvement of all?

This brought a new spark to the whole team, as the CEO was visibly less stressed, the CEO was able to get back to being a great leader and set a standard which rippled out throughout the entire team as they noticed the changes and improved workflow on all levels. 

If you’ve had enough of wasting time on accounting software… If you've had enough of a low energy work environment…

And you want to stop worrying about the numbers all day.

Click the contact page to get a free financial consultation. It won’t cost you anything and we won’t annoy you with any high pressure sales tactics.

Talk soon,

Noah Robertson, CEO of Pathwayaccounts.com