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Richard W. Wolf, COO

Richard Wolf

CLIENT TESTIMONIAL, 2015

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Southern Pines, N.C.

Richard W. Wolf, COO

Attorney Coaching, Law Firm & Business Operations, Law Department Structure and Performance, Practice Group Management
Legal, Professional Services, Corporate
  • Do you have concepts and strategies leave more to your bottom line?
  • Do you need to preserve and expand the firm’s revenue?
  • Have you recently merged with another professional organization?

Much has changed over the past 30 years with new challenges at the forefront of business. It is not easy to juggle tasks, especially when you don’t have the time to do everything that must get done. You can be left lonely and frustrated, questioning the next steps to take and how to make all the pieces fit.

Rick is a sought-after expert with strong competencies in all aspects of the roles of Chief Operating Officer, Business Manager and Economist in legal, professional and municipal environments.

Putting The Pieces Together

Rick Wolf Legal Management Consulting partners with business owners and investors throughout the United States. Working closely with the Managing Partner to develop and implement the firm’s business strategy, Rick provides strategic counsel and support to the Board of Directors and department chairs/practice leaders, ensuring the alignment of the firm’s day-to-day operations with the business strategy. Rick has the experience and more important, keen insight to give you answers and solutions to the problems you need solved.

Revenue Growth, Financial Reporting & Profitability

Challenges brought about by the 2008 recession such as preserving and expanding the Firm’s revenues and aggressively managing costs continues to be a top challenge. Rick has successfully:

Advised and collaborated with partners regarding the best practices for intake procedures, pricing of engagements, retainers, inventory management, and profitability.

Achieved rate increases that both enhanced gross revenues and protected against fee erosion.

Mentored partners regarding law firm economics, effective pricing practices to develop new clients, and the structuring of a variety of alternative fee arrangements.

Redesigned and substantially improved Key Operating Reports, which provided critical Firm operating information and analysis to Boards, Department Chairs, and Practice Group Leaders enabling effective firm resource management.

Additional Information

Rick is available for consulting, full-time, and Interim engagements as Chief Operating Officer, Executive Director, Director of Administration. Email richard.wolf@boardroomadvisorygroup.com to schedule a complimentary consultation.

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