Calculating profitability for a law firm is easy (total revenue less total expenses and overhead). But what about for a single engagement? Or an engagement that is still ongoing? For a particular client? Practice area? Office location? Each of these unique situations requires a different approach to not only measure profitability, but to create actionable business intelligence that allows partners and firm leaders to proactively manage their files, clients, practices and firms. Profitability analysis can be the secret weapon to unleash your firm’s full business potential.