Profitability

Increase efficiency to increase profitability

Make paper-processing more efficient

Contact me at 206.228.3494Email address
Linda@Rantz.biz

Click here to read How Much Does an Employee Cost? by the MIT Enterprise Forum

Click here to read Wasted Time At Work Costing Companies Billions by Dan Malachowski of Salary.com

Photo graphic of technology in the law officePhoto graphic of profit chart
©2006-2008 Craig & Linda Rantz. All Rights Reserved.
Mailing address: 1104 NE 187th ST, Shoreline WA 98155
Last modified: 08-25-2008
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Tips, opinions, and reviews of bankruptcy software and other due diligence products marketed to lawyers.

 

Can you increase caseload or decrease expenses?

 

The obvious way to increase profitability is to either increase caseload or decrease expenses. But wouldn’t an increase in caseload in turn increase associated expenses such as staff and overhead? And which expenses could you possibly decrease? Staff? Benefits? Rent? Utilities? Supplies?

 

 

Could your staff handle more cases?

 

How much does an employee really cost? If you add one staff member for the additional caseload, how many new cases would you need to cover the cost of that employee before you made a profit?

 

 

What is your employee cost per petition?

 

Do employees actually perform 8 hours of work per day? Apparently not. [See link below.] As much as 2 hours per day are estimated to be wasted by employees. Add to that legitimate interruptions: client calls or visits, questions from co-workers, even ‘computer down’ time. If you pay for 8 hours but your employees are actually working 6 hours or less, what is your true employee cost per bankruptcy petition?

 

 

The alternative:

Increase caseload AND decrease expenses.

 

With my services, you don’t pay for office distractions, personal web surfing, personal phone calls, overtime (eg., if a debtor needs to be phoned after office hours), or breaks.

Neither do you pay for an employee work station: desk, phone, computer, software, supplies, etc.

You make better use of your in-office staff’s time and skills while cutting the cost of petition preparation.

 

 

How do I charge?

 

I bill the attorney/law firm by petition, task or, for certain services, hourly. My rate schedule is not based on the fee the attorney charges the client and I do not bill or accept payment directly from the debtor.