The Lawyer's Edge – Détails, épisodes et analyse

Ryan Kimler is the founder of Net Profit CFO and host of the Net Profit Podcast. He and his team help law firm owners understand their numbers, make better business decisions, and build more profitable and sustainable practices by using accounting and finance to give firm leaders clear information they can act on, so their businesses stay financially healthy and have the resources to grow.

Law school teaches lawyers how to practice law, not how a law firm makes money. Many attorneys work hard, bill hours, build relationships, and still don't really know how the business side works. The truth is, partners and firm leaders usually want younger lawyers to understand this—they just don't always talk about it unless someone asks.

When you understand how the money moves through a firm, everything gets clearer. You can see what makes a matter profitable, what slows things down, and how your work contributes to the bigger picture. It also gives you insight into the decisions that drive compensation and advancement.

In this episode of The Lawyer's Edge, Elise talks with fractional CFO Ryan Kimler about the business of law and why every lawyer should understand it. They break down how law firms actually make profit, why busy doesn't always mean profitable, how pricing and staffing decisions affect results, and how lawyers at every level can use financial information to make smarter choices about their careers.

2:18 – Why good legal work doesn't automatically translate into compensation

4:12 – The silent profit killers: time leakage, realization, and collection rates

8:26 – Two lawyers bill the same hours. One generates more profit

12:13 – Lawyers get promoted into leadership without ever learning the business of law

15:02 – Why firm leaders are relieved when associates ask how the business works

18:16 – What financially healthy firms track that struggling firms ignore

21:17 – Lawyers lose money doing their own admin work instead of delegating

27:21 – A simple way to know when it is time to hire help

30:39 – The pricing mistake that leaves money on the table at many firms

35:20 – Ryan's biggest advice for lawyers who want to earn more

Net Profit CFO | LinkedIn

Ryan Kimler on LinkedIn

The Net Profit Podcast

Get connected with the coaching team: hello@thelawyersedge.com

The Lawyer's Edge

Today's episode is brought to you by the Ignite Women's Business Development Accelerator, a 9-month business development program created BY women lawyers for women lawyers. Ignite is a carefully designed business development program containing content, coaching, and a community of like-minded women who are committed to becoming rainmakers AND supporting the retention and advancement of other women in the profession.

If you are interested in either participating in the program or sponsoring a woman in your firm to enroll, learn more about Ignite and sign up for our registration alerts by visiting www.thelawyersedge.com/ignite.

Lisa Smith is a principal in the Washington, D.C. office of Fairfax Associates. She advises leading law firms domestically and internationally on strategy development, mergers, management and governance, partner compensation and structure issues, and financial and operational performance and management. She has been advising law firms for more than 35 years.

She is a frequent speaker at industry events and webinars and recently appeared on the TV show Wall Street Week talking about the potential for private equity investment in U.S. law firms.

The legal profession is in a period of meaningful evolution. Firms are exploring new ways to grow, serve clients, and create sustainable operations. Consolidation is increasing, alternative staffing models are expanding, and clients are more sophisticated buyers than ever before. These changes are opening the door to fresh approaches in how firms compete and deliver value.

For law firm leaders, it also means making smarter decisions about compensation, investment, and long-term positioning. The firms that are succeeding aren't reacting to the market—they're planning for it. They're thinking carefully about scale, profitability, and how to structure themselves for continued success.

In this episode of The Lawyer's Edge, Elise talks with Lisa Smith of Fairfax Associates about what these shifts mean in practice. They discuss the drivers behind consolidation, how firms are restructuring to stay competitive, what private equity could mean for the industry, and why thoughtful strategy—not panic—is what separates firms that adapt from firms that fall behind.

2:15 — The three trends shaping the legal industry right now

7:22 — Why even well-established firms are open to mergers

10:42 — How AI and technology are changing what clients send to outside counsel

12:08 — The risk for smaller firms with highly specialized practices

13:55 — What the UK's private equity model could signal for U.S. law firms

16:22 — How MSOs work and why firms are considering them

19:02 — The tradeoffs of moving to an MSO structure

24:25 — Signs that firms are already adjusting their strategy

25:24 — How partner compensation models are evolving

34:18 — What makes a strategic plan realistic instead of aspirational

36:47 — Lisa's advice to leaders who want to stay ahead of change

Fairfax Associates | LinkedIn

Lisa Smith on LinkedIn

Merger Press Releases

Get connected with the coaching team: hello@thelawyersedge.com

The Lawyer's Edge

Today's episode is brought to you by the Ignite Women's Business Development Accelerator, a 9-month business development program created BY women lawyers for women lawyers. Ignite is a carefully designed business development program containing content, coaching, and a community of like-minded women who are committed to becoming rainmakers AND supporting the retention and advancement of other women in the profession.

If you are interested in either participating in the program or sponsoring a woman in your firm to enroll, learn more about Ignite and sign up for our registration alerts by visiting www.thelawyersedge.com/ignite.

Charlie Jimerson is the founder and CEO of Jimerson Birr, a Florida-based business law firm with a national reputation for litigation, regulatory, and transactional work. He's also a U.S. Air Force veteran, a board-certified construction law attorney, and a widely recognized leader in the legal and business communities. Under his leadership, the firm has been repeatedly honored for its workplace culture, growth, and client service while representing various businesses of all sizes and scales as their go-to counsel for legal matters and comprehensive legal expertise, both inside and outside the courtroom. 

From drafting and enforcing contracts, providing grounded executive-level advice, and collecting money owed, Charlie's extensive experience spans all phases of litigation, including alternative dispute resolution, settlement negotiations, and complex commercial cases. His career is distinguished by a rich tapestry of accomplishments that mirror his unwavering commitment to securing favorable outcomes for his clients and reflect a focus on service, quality, and results.

Prior to founding Jimerson Birr, Charlie honed his skills and expertise at prominent  Jacksonville-based commercial litigation and construction law boutique law firms. He currently resides in Ortega with his wife, Ashley, their two children, and their Italian Greyhound dog, Olive.

As a young lawyer, Charlie Jimerson had his pick of opportunities and began his career at a traditional Biglaw firm. But it didn't take long for him to feel disenchanted with what he saw—an industry clinging to outdated models that didn't truly serve clients. Not even four years into practice, Charlie founded Jimerson Birr as a values-driven law firm committed to doing things differently.

He believed law firms could grow by focusing on service, quality, and results instead of billable hours and burnout. That conviction shaped his approach to building a practice centered on client needs, predictable pricing, and strong culture. By replacing outdated habits with clear processes and accountability, Charlie set out to prove that sustainable growth is possible without sacrificing relationships or outcomes.

In this episode of The Lawyer's Edge podcast, Elise talks with Charlie about how rethinking the billable hour can fuel law firm growth. He shares how subscription pricing and disciplined processes create more value for clients, how AI can enhance efficiency without replacing human judgment, and why culture and leadership are essential to long-term success. Charlie also explains why he sees pressure as a privilege and why "the way it's always been done" is the most dangerous mindset holding firms back.

2:06 - The inspiration for Jimerson Birr's founding and identity

5:21 - Problems with the billable hours model of many legal organizations

9:12 - What's necessary for the legal industry to start retreating from the billable hour crutch

14:37 – Value-based and subscription pricing around four core areas and three package tiers

21:15 – Why there should still be room made for the billable hour when necessary

24:56 - Three biggest things learned from client surveys that impacted changes within the firm 

27:43 - How Charlie uses AI to enhance his organization's practice 

32:20 - Hiring principles and cultural philosophy of Jimerson Birr

34:45 – Why Charlie views pressure as a privilege and its impact on his choices

37:28 - Essentials to focus on and the mentality law firm leaders need to reject so the industry can evolve

Jimerson Birr | LinkedIn | Facebook | Instagram | Youtube

Follow Charlie B. Jimerson on LinkedIn

Process! How Discipline and Consistency Will Set You and Your Business Free by Mike Paton and Lisa González

Books by Gino Wickman

Get connected with the coaching team: hello@thelawyersedge.com

The Lawyer's Edge

Today's episode is brought to you by the Ignite Women's Business Development Accelerator, a 9-month business development program created BY women lawyers for women lawyers. Ignite is a carefully designed business development program containing content, coaching, and a community of like-minded women who are committed to becoming rainmakers AND supporting the retention and advancement of other women in the profession.

If you are interested in either participating in the program or sponsoring a woman in your firm to enroll, learn more about Ignite and sign up for our registration alerts by visiting www.thelawyersedge.com/ignite.

Toya Gavin is the Founder of Legally Bold, a coaching and consulting firm for lawyers, and she's the Founder of Woke Up Worthy, a life coaching firm for women of color. Toya is also part of The Lawyer's Edge coaching team. On top of these accomplishments, Toya is the Founder of the Law Office of Toya Gavin, which serves the needs of micro-businesses.

In 2014, Toya attended a conference that helped push her to live her dreams. She describes this conference as "a leap of faith," which led to her quitting her job, starting her own law practice, and becoming a certified coach. Through the years, Toya realized just how momentous that leap was and now helps others do the same. According to Toya, it's important to seek support in navigating your goals, working through your fears, and taking that leap (even if you don't know all the steps in between). 

Toya holds a JD from the George Washington University Law School and a Bachelor of Science in industrial engineering from Rutgers University. She's licensed to practice law in New York and New Jersey and has been featured in outlets such as ABA Magazine, DC Entrepreneur, the Generation Why Podcast, and the Former Lawyer Podcast.

Many lawyers know what they want — whether it's making partner, changing firms, or finding harmony between their personal and professional lives. However, lawyers can get stuck in the "how" phase, wondering what steps they need to take to reach their goals. Caught in the fear of the unknown, people might find themselves stuck in a rut and no closer to achieving their objectives. So how do you work through it?  

Toya Gavin is here to share her expert tips on navigating your goals and reaching your biggest dreams without getting caught up in the "how." According to Toya, you don't need to work towards your goals alone. Hiring a coach is one of the best ways to follow through on your plans, hold yourself accountable, and see progress in achieving your objectives. Working with a coach gives you the space and time to focus on yourself and build a fulfilling career that aligns with your personal values.

In this episode of The Lawyer's Edge Podcast, Elise Holtzman is joined by Toya Gavin, Founder of Legally Bold and Woke Up Worthy, to talk about the benefits of hiring a coach. Toya describes her transition into coaching, why lawyers should use a coach to set goals and work through challenges, and why you don't need to have every step planned out before taking a leap of faith.    

Melanie Lippman is a New York-based image coach and personal branding consultant. She's also the Founder and CEO of Melanie Lippman Style Consulting, where she helps people express confidence with style.

Melanie has received multiple degrees from the Fashion Institute of Technology (FIT), and she studied fashion merchandising and cosmetic fragrance marketing in college. Later in life, she had a transformative internship in Marie Claire's fashion closet and a successful career selling fine jewelry wholesale to stores, including Saks Fifth Avenue and Neiman Marcus.

When it comes to the legal industry, Melanie helps attorneys stop the stress and overwhelm of getting dressed and instead use their style as a tool to attract clients, build connections, and achieve next-level visibility. Her philosophy is simple: when you're confident in your appearance, you can show up and conquer anything the day brings you.

Does it really matter what you wear to work? When you're a busy lawyer focused on your job, it can be tempting to give up shopping and throw on whatever's in your closet. In truth, your clothing sends a message to your colleagues and clients. 

According to style consultant Melanie Lippman, clothing is the largest form of nonverbal communication. Whether intentional or not, your style sends a message. So, you want to make sure that you're putting effort into your style to send the right message. Luckily, Melanie has some valuable tips to help you figure out your style, find what flatters you, and develop your personal brand.

In this episode of The Lawyer's Edge Podcast, Elise Holtzman is joined by Melanie Lippman, the Founder and CEO of Melanie Lippman Style Consulting, to talk about shaping your personal style. Melanie shares the benefits of putting effort into your wardrobe, why style is more important than trends, and tips for building confidence through your clothing.

Lori Mihalich-Levin is the Founder and CEO of Mindful Return, a movement that helps new parents navigate the uncertain terrain of working parenthood. Currently, 92 employers offer the Mindful Return program to support employees in their transition to working parenthood.

Additionally, Lori is the author of Back to Work After Baby: How to Plan and Navigate a Mindful Return from Maternity Leave and created the Mindful Return Maternity Leave E-Course. She also co-hosts the Parents At Work podcast and is a healthcare lawyer in private practice at her own firm, The GME Group, PLLC. Lori's thought leadership on issues related to working parenthood has been featured in publications including Forbes, The Washington Post, and New York Times Parenting.

As a working parent of two boys, Lori understands the need for a supportive community of working parents — especially when you're first transitioning from parental leave. Her mission is to help parents feel empowered to make thoughtful choices and be present both with their babies and in their careers.

Working parents wear many hats and often struggle to find the support needed to thrive in both their personal life and professional career. After transitioning back to work after parental leave, numerous parents deal with the guilt of leaving their children, logistical challenges of finding childcare, and a lack of confidence that they can show up the way they used to at work. Can new parents find success in both areas of their life without sacrifice?

When Lori Mihalich-Levin was a new mom transitioning back into her legal career, she found many resources focused on the baby but nothing about personal and professional identity transition. Desperate for help as a working parent, Lori created her own program, Mindful Return, which helps new parents gain support from other working parents and find the resources needed to grow in all areas of their life. But Mindful Return doesn't stop with the parents — Lori and her team are on a mission to help employers retain new parent talent and keep their employees' careers on an upward trajectory.

In this episode of The Lawyer's Edge Podcast, Elise Holtzman sits down with Lori Mihalich-Levin, the Founder and CEO of Mindful Return, to talk about working parenthood and parental leave. Lori discusses the importance of destigmatizing parental leave for both men and women, how employers can help new parents navigate the transition, and how Mindful Return is helping both new and experienced parents succeed in their personal and professional life.

Kori Carew is the Chief Inclusion and Diversity Officer at Seyfarth, an international Am Law 100 firm with more than 900 attorneys. In this role, she leads efforts to expand the firm's culture of inclusion and advance diversity within their partnership. 

Using advocacy and organizational strategy to address structural barriers to diversity in the workplace, Kori brings an incisive voice, unapologetic questioning of the status quo, and a lifelong fascination with human potential to her work. She's a nationally sought-after speaker on topics of diversity, inclusion, belonging, inclusive leadership, talent engagement and development, authenticity, and leveraging power. On top of that, Kori is a self-described disrupter, womanist, and social justice advocate. 

Kori has a powerful TEDx Talk, "Just Belonging: Finding the Courage to Interrupt Bias." According to Kori, the path to racial healing, justice, diversity, and inclusion requires courage. And choosing courage to create belonging is not an easy task — it's a practice and process. 

A firm's team is likely comprised of people with diverse backgrounds, experiences, races, genders, and classes. But we often fail to recognize that the differences between people don't necessarily indicate different needs — it just means that the way we create a sense of inclusion might be different. So, as a leader, how do you create an inclusive environment? 

Kori Carew says that inclusive leadership requires courageous conversations. It calls upon leaders to be in a constant state of curiosity and learning, understanding that we won't always know everything and we'll often make mistakes. Inclusive leadership is also about being vulnerable, listening to your people, and seeking to understand their perspectives. By choosing courage over comfort, leaders can address obstacles and create high-performing, well-cared-for teams.

In this episode of The Lawyer's Edge Podcast, Elise Holtzman is joined by Kori Carew, the Chief Diversity and Inclusion Officer at Seyfarth, to talk about having courageous conversations around diversity, equity, and inclusion. Kori discusses the trends and challenges she sees in the space, the important traits of inclusive leadership, and why it's crucial to have conversations about race, differences, and inclusion. 

Roy Sexton is the Director of Marketing at Clark Hill, a law firm with more than 650 lawyers spread across 27 offices in the US, Ireland, and Mexico. Roy is also the 2022 President-Elect of the Legal Marketing Association (LMA) and will become the President in 2023, previously serving as a board member, content expert, and presenter. 

Roy has a passion for solving problems, improving culture, facilitating business growth, and collaborating on long-term strategies. He has nearly 20 years of experience in marketing, communications, and strategic planning across a range of industries. Roy has also written two books, Reel Roy Reviews volumes one and two, which is a compilation of his essays and reviews on movies and cinema.

After supporting the rebranding of Clark Hill, Roy realized just how magical the combination of branding and culture development can be. In the process of branding, you're uniting company values, the customer experience, and a diverse team, which, in turn, helps develop the true, authentic culture of your organization.

Branding (and rebranding) requires more than just updating a logo. Likewise, culture requires more than just checking off a box and labeling your firm as diverse. So, how do you effectively develop your brand and culture in a way that unites all segments of your law firm?

According to Roy Sexton, affirming your brand has the magical power of galvanizing your culture and showing clients your true, authentic selves. First, you must take stock of who you are now and who you want to become. Once you gain clarity in those areas, you can craft your messaging and unite your culture in an open and transparent way. 

In this episode of The Lawyer's Edge Podcast, Elise Holtzman sits down with Roy Sexton, Director of Marketing at Clark Hill and President-Elect of the Legal Marketing Association. Roy discusses the process of branding and rebranding, how it's connected to culture, and why these are key areas for creating a cohesive firm. He also shares marketing and social media tips and the powerful theater lessons that apply to business.      

Nora Riva Bergman is a business coach, Certified Practice Advisor at Atticus, and the Founder of Real Life Practice, where she helps attorneys balance their life and law practice. Nora has practiced as an employment law attorney and certified mediator and has served as a Professor at both Stetson University College of Law and the University of South Florida, teaching courses in alternative dispute resolution and negotiation. As a licensed attorney for more than 25 years, she understands the frustrations attorneys face every day and is committed to helping them change their lives for the better. 

Chelsy Castro is the CEO and Founder of Castro Jacobs Psychotherapy and Consulting (CJPC). As a lawyer-turned-psychotherapist, she's an expert in lawyer well-being who teaches individuals and organizations how to build the skills they need to achieve their goals in a healthy, productive way. Chelsy's publications and trainings focus on science-based skills and strategies for improving performance and increasing well-being in high-profit, high-pressure professions.

Nora and Chelsy are Co-authors of the book 50 Lessons for Happy Lawyers: Boost Wellness. Build Resilience. Yes, You Can!, which is the most recent book in Nora's 50 Lessons for Lawyers series. This book raises awareness on mental health and well-being challenges in the legal profession and equips individual lawyers with the skills needed to take action and live a happier life. 

A 2016 study from the Hazelden Betty Ford Foundation shows that 28% of lawyers struggle with some level of depression, and 19% demonstrate symptoms of anxiety. On top of that, a Legal Trends Report from 2018 tells us that 75% of lawyers frequently work outside of business hours, and 39% said that working long hours has affected their personal lives. Since the emergence of the pandemic, these numbers are likely higher. So what can we do, whether on an individual or institutional level, to support lawyers' mental health and well-being?

Nora Riva Bergman and Chelsy Castro believe lawyers deserve to lead happy, healthy, and resilient lives. That's why they co-authored the book 50 Lessons for Happy Lawyers, where they share tools and strategies to help lawyers support their health and well-being. Traditionally, the idea of lawyers' physical and mental health has been swept under the rug, but now, Nora and Chelsy believe that the legal profession is at an inflection point — and they're helping create change one small step at a time. 

In this episode of The Lawyer's Edge Podcast, Elise Holtzman is joined by Nora Riva Bergman, Certified Practice Advisor at Atticus and Founder of Real Life Practice, and Chelsy Castro, Founder of Castro Jacobs Psychotherapy and Consulting (CJPC). Nora and Chelsy share why they wrote 50 Lessons for Happy Lawyers, their favorite lessons from the book, and strategies lawyers can use to invest in their well-being and create lasting change.

Mary Balistreri is the President and CEO of More Business Today (MBT), ​​which offers coaching, professional development programs, and facilitation services. Mary is a certified Conversational Intelligence (C-IQ) Coach, a Diversity to Belonging Facilitator, and a key member of the coaching team at The Lawyer's Edge. 

Mary has more than 20 years of experience in law as an internal business development and leadership coach. She was the first Director of Business Development at an AmLaw 200 firm, where she helped create industry teams, client service teams, a target marketing program, and a coaching program, among many other initiatives.

The heart of Mary's coaching practice lies in supporting individuals and teams to achieve their potential and build belonging into business. She has witnessed the power of conversation to clarify, communicate, and create improvements. Mary says that as long as clients are committed and ready to put the work in, coaching can transform their lives.

According to Mary Balistreri, the #1 most successful tactic to improve individuals and teams is coaching. Although Mary is a coach, this isn't a self-fulfilling prophecy. Throughout her 20 years of experience, she's witnessed countless transformations — both for the individual and their business. 

In Mary's very first year of coaching, she took on 13 attorneys who were drowning in work. Of those 13, five of them became top rainmakers in their firm. Since then, she's worked with numerous attorneys and other professionals who embraced the power of coaching to help them achieve their loftiest goals. But what makes coaching so beneficial? It comes down to three things: individual solutions, accountability, and a goal-centered approach that propels you into action.

In this episode of The Lawyer's Edge Podcast, Elise Holtzman talks with Mary Balistreri, President and CEO of More Business Today (MBT) and Coach at The Lawyer's Edge. Mary discusses the benefits of coaching and how it differs from other counseling, the impact conversations can have on business, and why commitment is key to beginning your coaching journey.