As the year winds down, everyone is looking forward to holiday festivities and a well-deserved break from the whirlwind of cases, clients, and courtrooms.   But there’s a looming task you have to take care of before that end-of-year break: year-end accounting.  Wrapping up the year is an excellent opportunity to analyze the year’s progress, ensure […]

As the year draws to a close, law firms are presented with a unique opportunity—a chance to reflect, recalibrate, and refocus.   While the end of the year is associated with holiday festivities and time away from the office, it’s also a critical period for law firms to assess their financial health, client relationships, and future […]

In the legal profession, expertise is paramount. You’ve honed your analytical skills, mastered the art of negotiation, and built a practice that stands as a testament to your capabilities.   And yet, in an increasingly digital world, even the most prepared lawyers can find themselves grappling with additional challenges outside their area of expertise—namely, marketing and […]

As you probably already know, the survival of any law firm depends on a healthy and uninterrupted cash flow.   After all, if you can’t reliably cover your overhead, including salaries and vendor contracts, you can’t keep the lights on (or whatever the equivalent is if your firm offers remote or hybrid working).  You also can’t […]

Are you looking for ways to keep your website clicks high and your phone ringing off the hook with potential leads in 2024? The secret might be simpler than you think. It’s all about speed to lead, or how quickly you respond to potential clients’ inquiries.  This critical sales metric can significantly impact the likelihood […]

When it comes to choosing a credit card processor, it pays to read the fine print.  Still, reading your statement isn’t always the most reliable option to know what your credit card processor is really charging. Many processors advertise a certain rate when you sign up, and then charge more than you expect in the […]

Depending on your firm’s accounting practices, the end of the year can either be a struggle or a breeze. If you don’t plan ahead, you can count on it being the former.   The key to a hassle-free year-end close for law firms lies in careful planning and proactive accounting practices. By laying the groundwork well […]

Isn’t it nice to make a fresh start? The opportunity is fast approaching as we move into the fourth quarter of 2023 and contemplate how to wrap up the year and make some changes for the next one.   What’s on the list for some law firms? Adopting a new accounting software to kickstart 2024. The […]

As we approach the end of the year, many legal professionals will be thinking about making some tax-deductible expenditures to give their firms a little extra shine and reduce their tax bill in the process.  While it’s a great idea to grab some new gear while improving your tax position, you don’t want to eat […]

In the high-stakes world of legal practice, accounting compliance is the backbone of your firm’s credibility and financial stability. While the intricacies of law captivate your intellectual curiosity, the numbers in your accounting books hold the key to your firm’s reputation and, ultimately, its success.   Navigating IRS regulations, ABA and state bar guidelines, and state […]