#335: When to Hire and Who: A Data-Driven Approach for Law Firms
Description
Hiring decisions are some of the trickiest choices law firm owners make. Wait too long, and you end up buried under the work, scrambling to keep up. Hire too early, and you're sweating payroll and questioning whether the work will sustain the role. The constant back-and-forth of when to hire and who to hire can leave even the most disciplined owner feeling stuck.
In this episode, Melissa shares a practical, data-backed approach that replaces guesswork with clarity. She walks you through how to calculate your buy-back rate, understand producer multiples, track net cases, and build production models that create real leverage. These tools help owners make smart, confident hiring decisions based on truth instead of gut feel, ensuring every new hire strengthens the firm's health, profitability, and long-term success.
Let's talk!
If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar
Get full show notes, transcript, and more information here: https://www.velocitywork.com/335
Use the Law Firm Producer Multiple Calculator here: https://producercalc.velocitywork.com/
Watch this episode on YouTube: https://youtube.com/@velocitywork
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