About LBO

Running a law firm means hiring a few lawyers is manageable, but more than a few lawyers means hiring a bookkeeper, someone to process invoices and follow-up on those invoices, creating an accounts receivable process, creating an accounts payable process, engaging in intentional and productive marketing, and creating an IT infrastructure. Without the right support, those steps lead to skyrocketing expenses!

LBO Origin Story

LBO was borne from a need by Stock Legal, a boutique law firm. In 2014, Sara Stock left her equity position at a large law firm to build what is today Stock Legal. Sara went from handling her client's work alone to bringing on 15+ other attorneys to help her manage her fast-growing client base. In the middle of that, Sara found herself with little profit margins. The timing coincided perfectly with meeting Jaimee Hall, co-founder of LBO, and they set off together to build a company that helped other lawyers throughout the US through those same barriers to growth.

How did Stock Legal grow at that pace?

Sara runs Stock Legal like a business with processes, procedures, marketing initiatives, project management, financial key performance indicators, and a website that uses inbound marketing to stay in touch with current clients and attract new clients. In addition to that, Sara now manages Stock Legal’s financial reporting, which allows the firm to continue to grow debt-free.  

LBO Today

LBO has grown into a trusted service partner to law firms throughout the US and has expanded its services to include Strategic Planning, Accounting, Marketing, Consulting, Managed IT Services, and HR & Benefits.