This investigation deals with various new aspects of the sensitivity improvement of a pump-probe laser based acoustic method. A short laser pulse is used to excite a mechanical pulse thermo-elastically. Echoes of these mechanical pulses reaching the surface are causing a slight change of the optical reflectivity. The surface reflectivity is scanned versus time with a probe pulse. Thus the time of flight of the acoustic pulse is measured. The quantity to be measured i.e. the optical reflectivity change deltaR caused by acoustic pulses, is rather small. A set-up having an estimated sensitivity deltaR/R of about 10(-5) has shown to be sufficient to detect up to the fifth echo in a 50 nm aluminum film on sapphire substrate. A key challenge is the reduction of optical and electrical cross-talk between the excitation and the detection. Therefore the concepts of double-frequency modulation, cross-polarization, and balanced photodetection are implemented. Practical aspects like beam guiding, modulation techniques, beam focus minimization, and beam focus matching are discussed. Measurements for single- and multi-layer metallic films demanding higher sensitivity are presented.