Silver Peaks CPA

Blog

Practical and insightful articles related to law firm financial management. Learn to produce sustainable financial freedom from law firm-specific financial insights and strategies.

How to Read Your Law Firm’s Financial Statements Like a CEO

Most law firm owners receive financial statements every month — and many either skim them quickly or avoid them altogether. Not because they don’t care, but because the reports feel overwhelming...

How to Pay Yourself the Right Way as a Law Firm Owner

For many law firm owners, paying themselves feels inconsistent, confusing, or even stressful. Some months there’s plenty of cash, other months there’s hesitation — and often no clear system behind the...

Law Firm Deductions: What You Can and Can’t Write Off

Tax deductions are one of the most powerful tools law firm owners have to reduce their tax burden — but they’re also one of the most misunderstood. Many attorneys either: As we head into 2026, law...

From Bank Balance to Pipeline: A Smarter Way to Measure Financial Health

Many law firm owners check one number to decide how their firm is doing: the bank balance. If there’s money in the account, things feel fine.If there isn’t, stress sets in. But as firms grow and...

Why Every Law Firm Needs a CFO — Even a Fractional One

Many law firm owners reach a point where they’re doing “everything right” — revenue is growing, the team is expanding, and the firm looks successful on paper — yet decisions still feel stressful and...

The 2026 Law Firm Playbook: Financial Systems That Create Freedom and Wealth

Most law firm owners didn’t start their firms to feel trapped by them. Yet as firms grow, many owners find themselves overwhelmed by cash-flow stress, unclear numbers, and decisions driven by urgency...

5 Financial Metrics Law Firm Owners Must Track in 2026 (Beyond Revenue)

Revenue may tell you how busy your law firm is — but in 2026, it won’t tell you whether your firm is healthy, scalable, or profitable. Many law firm owners focus on top-line revenue while overlooking...

Your Law Firm in 2026: From Overworked Owner to Strategic Leader

If you’re like most law firm owners, your days are packed with client work, staff questions, billing reviews, and endless decision-making. You didn’t build your firm to become its bottleneck — yet...

How to Build a Law Firm That Runs Without You in 2026

Most law firm owners start their practice to gain freedom — financial freedom, schedule freedom, and the freedom to choose the work that matters. But by 2026, many find themselves more involved than...