1. How to Use Your Numbers to Increase Profit and Reduce Taxes With Jayden Doye Ken Hardison 25:47

Welcome to episode 334 of Grow Your Law Firm, hosted by Ken Hardison. In this episode, Ken sits down with Jayden Doyé, founder of Prestige Accounting & Consulting. Jayden works with law firms across the country to improve profitability, stay compliant, and implement tax strategies that reduce what they owe while supporting growth. The conversation focuses on the financial fundamentals law firm owners need to understand to run a profitable business. Jayden explains the importance of tracking key performance indicators such as profit margin, cost per case, and cash flow, and how these numbers guide better decision-making. He also discusses the risks associated with poor trust account management and why consistent reconciliation is critical to avoiding compliance issues. What you’ll learn in this episode:

  1. The Key Numbers Every Firm Should Track – Why profit margin, cost per case, and cash flow are critical KPIs – How these numbers guide operational and financial decisions
  2. Managing Trust Accounts and Compliance – Why three-way reconciliation is essential for trust accounts – How small errors can lead to larger compliance risks
  3. How to Think About Marketing Spend – Why cost per case matters more than cost per lead – How to evaluate direct and indirect marketing costs
  4. Strategies to Reduce Tax Liability – How discretionary expenses can be used to manage taxable income – Why timing and planning matter when making large purchases
  5. Building Financial Stability and Growth – Why maintaining cash reserves and access to credit is important – How financial systems support long-term scalability

Resources: Website: accounting-atlanta.com LinkedIn: linkedin.com/in/jaydendoyecpa Facebook: facebook.com/jaydendoyecpa Instagram: instagram.com/prestigeaccountants Additional Resources: https://www.pilmma.org/the-mastermind-effect https://www.pilmma.org/resources https://www.pilmma.org/mastermind

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Ken Hardison Millionaire Maker

Ken Hardison, is known as the “Millionaire Maker” for a reason- having helped lawyers across the country double, triple, or quadruple their law practices and income, he brings to law firm owners the insights, knowledge, and critical strategies of Legal Marketing and Management that can only be learned in the trenches of real law firm success.

With over 30 years of legal experience, Ken has personally grown and sold two seven-figure law firms and has shared his knowledge and experience with attorneys, helping them experience exponential growth, increased profits, and ethical market preeminence.

With a passion and deep understanding of both grassroots and cutting-edged online legal marketing strategies, Ken is committed to helping lawyers experience greater levels of financial success, freedom, and personal satisfaction- the kind that comes from building an ethical and exceptional law practice. Focusing on the practical and the proven, rather than the cerebral, Ken guides lawyers through the steps needed to build the law practice many lawyers have only dreamed possible.

Ken is the Founder of PILMMA, Personal Injury Lawyer Marketing and Management Association, dedicated to helping lawyers learn the critical strategies to success. As a trusted advisor, consultant, coach, and Mastermind mentor, Ken has coached lawyers to greater success time and time again.

PILMMA’s powerful live and virtual events, such as the ever-popular Law Firm Growth Super Summits and Internet Domination Boot Camps have helped hundreds of lawyers gain the insights and strategies they need to propel their firms forward to greater success and exponential results and to stay current on the latest legal management and marketing strategies, such as leveraging SEO, PPC, PPL, Social Media, etc.

Ken is the author of numerous best-selling books such as Systematic Marketing, Under Promise, Over Deliver, and his latest book, Powerful Online Legal Marketing. He’s known for his practical and engaging style of taking the complicated world of legal marketing and management and giving clarity and step-by-step guides that any lawyer can implement to experience real results, greater profits, transformational growth, and heightened success.