An esteemed attorney began his legal practice in 2018 with the goal of using his law degree and prior experience to continue to serve his existing and new clients while also providing for his family. As his practice rapidly expanded, the demands of running a growing...
Refresh Your Law Firm's Goals Summer is upon us. You know what that means (other than 100 degree weather)? Our year is halfway over. Now is the perfect time to review your law firm's financials, celebrate your wins, and readjust if needed. Remember six months ago...
Your Law Firm Financials Contain Valuable Information That Can Help You Be More Profitable Your law firm’s financials offer more than just data for your tax return—they provide critical insights that can drive your profitability and business decisions. With accurate...
What Accounting Issues Do Law Firms Face? Managing a law firm is time consuming. Not only are you practicing law, you’re worrying about cash flow, hiring and firing, and making all of the other important decisions. Accounting is usually on the bottom of the list....
Strategic Planning Made Easy For Your Law Firm Don’t Get Overwhelmed. Overwhelm is the #1 reason I’ve seen law firms not have a strategic plan, or even think about developing a strategic plan. They don’t know where to start, so they don’t start at all. I agree...
Iolta Trust Accounting Let’s face it, you went to law school to practice law, not to do accounting. As such, accounting for law firms is often time consuming and overwhelming. To add insult to injury, it’s a requirement and there are standards to follow if you want...
Law Firm Financials When Growing A Law Firm, One Of The Most Important Things You Can Do Is Understand What Your Financial Statements Are Telling You Understanding your law firm’s financials will help you spot trends, make decisions, and be more profitable...
Selling Your Law Firm Starts Now Law Firm Strategies Many law firm owners see their firm as a retirement plan. If that’s the case for you then you need to start thinking now about how to get the most when selling your firm. These are ideas and strategies that...
How Improving Your Law Firm’s Processes Can Boost Efficiency and Profits Running a law firm is no small task. From managing client relationships to handling legal documents, every aspect requires precision. But without standardized processes, even the best law firms...