Attorney Compensation Models


When you start to work with the larger firms, you'll find that the compensation reporting can get a bit tricky. There are multiple ways of compensating attorneys. The most common...

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Attorney Financial Reporting


The topic for our weekly meeting on Wednesday at the Accountant's Law Lab, our private invite-only group, is attorney financial reports and compensation reporting. What reports does an...

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Don’t look behind you to see the future: Forecasting attorneys books

Are you looking in the rear view mirror to determine your law practice's forward trajectory? That's what a lot of us are doing if we are using a cash flow report or looking at our financial...

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Have you heard about the Accountant’s Law Lab?

Let’s say you just landed your very first attorney-client.  You are excited because you want to work with these very professional clients.   But you are nervous because you know...

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Let’s get personal: Setting Personal Goals for 2021


We have just switched over to a new year. I think we can all agree that last year was challenging. Some clients saw a surge in their revenue, and many customers did not.  The was very...

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An Open Letter to my Attorney-Client

Dear Mr. or Ms. or Attorney:

Did you know at year-end that it’s a great time to make a change to a better law firm software?

Okay, I get it. But this is not an annual process....

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Attorney-Client: Closing the books for year end

It's that wonderful time of the year. It is "getting the records ready for tax time" of the year. As mentioned in this earlier post, we can prepare by getting the contractor lists to...

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Law Firm Budgeting


Budgeting? Do I need to create a budget for my law firm? So many things to do; is this essential to running my law firm? 

This discussion is half the conversation I hear when I bring up...

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Law Firms and 1099 Requirements


We are almost to the 1099 season.  How did that happen?  Recently, in our Facebook group, QB Community Live! We had a lively discussion on the 1099's and the new/old...

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