Although non-lawyers like to think that attorneys swim in pools of cash, most law firms’ profits aren’t nearly as high as they should be. Sometimes,

Okay, it’s actually four things you need. Because the first thing you need is a GOAL! If you’re striving for a certain number of billable

Where did my profits go? One of the most common questions I get is “Where did my profits go?” Typically, I’m asked when I’m going

Do you have to spend money to make money? It’s an age-old question, but I think it may be the wrong question. It can lead

Trust Accounting Tips Trust Accounting…we know, the only two words that can strike pure terror in the minds of lawyers. We get it, you aren’t

1.7.21 Update: The stimulus bill passed in late 2020 made the PPP expenses deductible, Yippee! The IRS dropped the official guidance (again so we knew

Law Firm Finances Myth #1 Myth #1 – You can do your accounting yourself Unless you have an accounting background, I realize some lawyers may

Work with a CPA Specializing in Law Firms Working with an accountant that specializes in accounting and tax for law firms can take away a

Are you wondering why you don’t have more cash in your checking account? Struggling to pay yourself? Find yourself using your business line of credit