Too many law firm owners believe the solution to their problems is more leads—but that mindset often leads to burnout, inefficiency, and frustration. In this episode of The Managing Partners Podcast, Kevin Daisey is joined by Jordan Ostroff to unpack the idea of “leads to lifestyle” and why intentional growth matters more than raw volume.

Jordan shares his journey from prosecutor to firm owner to coach, including how cutting a massive marketing budget barely impacted revenue but completely transformed his quality of life. Together, they explore how intake, profitability, case selection, and personal vision play a bigger role in long-term success than flashy marketing tactics.

This episode is a must-listen for law firm owners who want clarity, sustainability, and a firm that supports—not controls—their life.

Today's episode is sponsored by The Managing Partners Mastermind. Click here to schedule an interview to see if we’re a fit.

• (00:00:00) - Managing Partners Podcast
• (00:01:59) - Jordan on Love Youe Law Firm, Second Edition
• (00:04:56) - How to Get Out of Jail: Marketing
• (00:06:16) - How to Make a Living as an Attorney
• (00:09:10) - Looking Ahead: How to Grow Your Law Firm?
• (00:14:13) - How to Start a Firm with a New Lawyer
• (00:19:03) - Don't Waste Time on Conferences
• (00:21:15) - How to Love the Journey
• (00:25:54) - Married Business People Talk About Their Personal Lives
• (00:28:51) - Confessions of an Extrovert Law Firm Owner
• (00:32:58) - In the Elevator With Introverts
• (00:34:44) - Jordan Ostrovs' New Book
• (00:35:39) - Covid Digital's Christmas Party
• (00:36:51) - Interview With Jordan

• (00:00:00) - The Managing Partners Podcast
• (00:02:14) - Can You Tell More About Your Law Firm?
• (00:07:29) - How to Build a Strong Partnerial Partnership
• (00:10:53) - 7 critical things employees need to know about their firm
• (00:11:43) - The Chick Fil A Law Firm Values
• (00:15:16) - 7 Critical Needs of Employees for EOS
• (00:19:09) - Hiring the Right People for the Core Values
• (00:24:30) - What Makes a Law Firm So Well-Off?
• (00:27:40) - Six Rules for Protecting Your Culture
• (00:31:34) - Fractional HR: Paying the Right People
• (00:33:26) - 7 critical needs for employees at your firm

Budgeting is one of the most overlooked and most critical skills for law firm owners. In this episode, Kevin Daisey is joined by Leah Miller, a fractional CFO who specializes in law firms, to break down how lawyers can finally get clarity around cash flow, expenses, marketing spend, and profitability.

They discuss why so many firms struggle with budgeting, especially contingency and personal injury practices, and how simply reviewing your financial statements monthly can transform decision-making. Leah Miller shares practical frameworks for building a realistic budget, determining your true breakeven point, managing uneven cash flow, and avoiding common financial traps.

You’ll also learn how budgeting impacts marketing, hiring, tax planning, and long-term growth, and why having the right financial conversations early can save years of stress later.

Today’s episode is sponsored by The Managing Partners Mastermind.

Click here to schedule an interview to see if we’re a fit.

If you’re a law firm owner who wants to stop guessing and start leading with confidence, this episode is a must-listen.

• (00:00:00) - The Best Lawyers: Managing Partners Podcast
• (00:00:37) - Budgeting for Law Firm Executives
• (00:01:47) - How to Manage a Law Firm
• (00:05:49) - Law Firm Business Financials
• (00:10:35) - Budgeting for Marketing
• (00:13:39) - How to Manage Cash Flow in the Firm
• (00:16:38) - How many months of cash should a firm have on hand?
• (00:21:31) - How to Run a Business with a Roth IRA
• (00:27:34) - CFO vs Law Firm CFO: Making Smart Decisions
• (00:30:54) - Leah on Connecting With People