Your accountant says you made $300,000. Your bank account says otherwise. If your firm is growing and profitable but every payroll still feels tight, this episode is for you.
Profit and cash are not the same thing, and understanding the difference changes how you make decisions.
In this episode, we cover:
– The three primary reasons profitable law firms feel cash poor: accounts receivable, debt principal payments, and owner’s distributions
– Why growth consumes cash, and how to make sure yours is cash-supported
– How a cash bucket system gives every dollar a job and eliminates decision fatigue
– The seven numbers every law firm owner should know going into 2027
– The shift from earning a great income to building a firm with lasting, transferable value
Stop asking “How much did I make?”
Start asking “Where did the cash go, and what are we building?”