Category Archives for Advisory Services

How to Find the Best Law Firm Apps

These past few weeks have been all about reviewing legal billing or practice management apps.  It got me thinking, what processes do attorneys or bookkeepers go through to find the right software?  Where do you go to first? How do you investigate them/test them?   Where do you turn?  Well, besides my last two amazing reviews….let’s […]

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Lucky Number 3? | Three-way Trust Reconciliation

 In the world of trust accounting, Law Firms and Attorneys are expected to have their client & trust ledgers reconciled monthly as well as their trust bank account reconciled in a timely manner too. Those who don’t follow the rules are gambling with their peace of mind. You may be hoping you won’t suffer the […]

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Which is better!? Cash vs Accrual Accounting

 Entrepreneurs are often confused by the different accounting methods used to run a business. Have you found yourself wondering if you should be on a different method of accounting, asking yourself:  Which is better Cash Basis or Accrual?  Take comfort in knowing that you’re not alone in trying to figure this one out. The main difference in […]

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Tea and Cookies & with the IRS? Avoiding IRS Pitfalls

  It’s tax season! ….“UuuuggGH!” If that’s how you and your law firm associates are feeling these days, I get it. Totally understandable. After all, you’re the superheroes that sort out complicated messes, save people’s houses from being foreclosed upon and often untangle the most mysterious of stories (…only to find “it was the Professor […]

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New Year New YOU, Thanks to Budgeting

2020 is the year to have a BIG vision. It’s also the year your big vision may require BIG TIME budgeting skills because seeing your financials clearly is what makes your everyday activity result in prosperous outcomes. Have you taken the time to work on your new business plan? Have you built out a budget […]

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Clio Legal Trends Report – answer your phone!

Week two and I am still discussing The Legal Trends Report by Clio. The second half of this report is fascinating. Especially as to how they went about researching what a client is looking for when seeking an attorney. Most people find an attorney by referral Most people seeking out an attorney do so by […]

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Annual Clio 2019 Legal Trends Report has dropped

I spend a ton of time studying the industry that I work with.  That is the Legal Industry.  I listen to podcasts, watch webinars, and try to learn the pain points in my clients’ industry.   This report was fascinating!  A big thank you to Joshua Lenon, the lawyer in residence at Clio for a […]

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Deep Dive into Fathom – Goal Seek Report

Back for part two on my series on the app, Fathom, which is part of QuickBooks Online Advanced.  I’ve been fortunate to be using this strong combination of tools in my practice.  To access part one of this series, click here.     Last week we investigated the set up of Fathom. And we played […]

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7 value-added services to expand your practice

As a trusted advisor, you have an opportunity to help your clients with much more than accounting and taxes. Clients often need assistance beyond these standard services. According to a survey conducted by L. Harris Partners, nearly one in three clients (32%) say they use multiple CPA firms. There are tremendous gains to be had for your […]

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