If you’re a small or solo firm, you’re a business. Businesses track finances, profits and losses, and taxes. Hear what’s new in financial management tech.
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Peggy Gruenke is the founder and co-owner of CPN Legal helping small and solo firm lawyers manage...
Adriana Linares is a law practice consultant and legal technology coach. After several years at two of...
| Published: | October 30, 2024 |
| Podcast: | New Solo |
| Category: | Legal Technology , Practice Management , Solo & Small Practices |
Guest Peggy Gruenke is an expert in the accounting management tools tailored to small law firms. Gruenke is the founder and co-owner of CPN Legal, helping small and solo firm lawyers manage and grow their business through legal software solutions and outsourced financial management and bookkeeping services.
Let’s talk about your firm’s finances and profitability: how are you keeping track of your business? Hear what’s new in automated accounting packages – but don’t give up on Quickbooks, and don’t cut ties with your bookkeeper.
Online accounting services are great. But they are not meant to replace a professional, especially as your firm grows. You’re not a bookkeeper, you’re a lawyer. But these tools do help with the basics of money management. The challenge is mixing and matching.
Operational efficiencies and financial planning are part of running a successful firm. Don’t shortchange the importance of bookkeeping and managing your income, marketing ROI, expenses, and taxes. It’s vital you keep your finger on the pulse of your business, and there are tools and people who can help you. As Gruenke says, “Treat your business with respect.”
Questions or ideas about solo and small practices? Drop us a line at [email protected]
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Special thanks to our sponsors CallRail, ALPS Insurance, Clio, and Practice Made Perfect.
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New Solo |
New Solo covers a diverse range of topics including transitioning from law firm to solo practice, law practice management, and more.
