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WHERE WE MAKE YOUR LAW FIRM FINANCES SOUND LESS LIKE GIBBERISH

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More than 50% of law firms face financial mismanagement due to bookkeeping blunders, as highlighted by Thomson Reuters. This statistic shows how important the role of law firm bookkeeper plays in the seamless operation and growth of your law firm. But not all law firm bookkeepers are created equally.

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How Good Bookkeeping Makes Your Law Firm Hit That 7-Figure Mark

If you’re running a law firm that’s pulling in somewhere between $700,000 and $900,000, you’re right on the track to hit that seven-figure mark.

It’s so close you can almost taste it, but somehow, it remains just out of reach. What if I told you that one of the first steps to finally breaking through is to take a good hard look at your bookkeeping?

OUTSOURCED BOOKKEEPING VS IN-HOUSE BOOKKEEPING FOR LAW FIRMS

According to Business Wire, 80% of businesses report higher efficiency when outsourcing their accounting tasks. On the other hand, in-house bookkeeping offers much more control and oversight.

SHOULD YOUR LAW FIRM HIRE A LAW SPECIFIC BOOKKEEPER OR A NON-LEGAL ONE?

A law firm bookkeeper understands the ins and outs of law firm bookkeeping. Besides managing client trust accounts and adhering to IOLTA guidelines…

TOP 10 QUALITIES OF A GOOD BOOKKEEPER FOR YOUR LAW FIRM

Wondering what drives financial success and scalability for your law firm? For law firm owners eyeing 7 or 8 figures, selecting a bookkeeper goes beyond number crunching. It’s about finding a strategic partner.

Understanding and Assessing Your Law Firm’s Payroll

We work with a lot of law firms and one of the most frequent concerns that come up is, “Is our law firm payroll too high?” or “Am I overspending if our payroll hits $20,000, $50,000, or even $100,000 a month?”

The concern is justified especially when you’re trying to scale your practice and keep your finances in check.