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Practical and insightful articles related to law firm financial management. Learn to produce sustainable financial freedom from law firm-specific financial insights and strategies.
Trust Accounting Tips Trust Accountingwe know, the only two words that can strike pure terror in the minds of lawyers. We get it, you aren’t accountants but are required to keep impeccable accounting...
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 they were serious) we have been waiting forthe...
Law Firm Finances Myth #1 Myth #1 – You can do your accounting yourself Unless you have an accounting background, I realize some lawyers may have an undergrad in business and might have taken...
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 lot of your headaches. 1. Do you find yourself explaining...
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 too often? Try these three tips to increase your...
Disaster Response Tracking 101 No matter what the disaster is, whether it is a fire in your offices or something on the scale of the Corona Virus, proper expense tracking is critical disaster response...
3 things I learned in the last 10 years Happy New Year! New Years is my favorite holiday. The sense of starting fresh and the excitement of new goals and plans always has me looking forward to January...