With more than two decades of experience providing both the strategic vision and the daily oversight of professional firms' operations, finance and accounting departments – and specializing in personal injury law firms – I understand the unique challenges faced in the professional services sector.For example, how can a firm maximize its capital position and optimize its fee structure without a thorough understanding of their efforts by practice group and by product line?What is the best method to identify, and then remove, efforts and activities that add to the work flow but do not add value?I also help organizations leverage the data available through the finance and accounting functions to make better decisions in business development, growth, risk mitigation, staffing, and performance improvement.I put together highly capable accounting teams, for example, one that supported steady growth as the organization grew from 4 offices with 65 staff to 13 offices with 175 staff in multiple states.For another client after seeing their health insurance costs increase by 30% over a 2 year period, I recommended & managed – a transition from a fully-funded insurance plan to a self-insured plan that reduced costs 30% in the first year and enabled consistent year-over-year savings.I also took the initiative to assess and resolve one of my organization’s employee turnover rate that topped 65% for professional staff. Through a combined approach of internal initiatives, my efforts helped decrease the amount of staff needed by 16% while also improving the retention rate to 85% and boosting productivity by 35%.Other projects included:- Rebuilding clients’ books for GAAP compliance;- Planning and completing a leveraged buy-out;- Boosting case conversion rate by 20% by leveraging technology and software tools.Connect with me to discuss improving your organization’s strategy through optimized financial and operational performance.