Should your law firm pass the baton of credit card processing fees to your clients, or bear the burden itself?   This question gets at the heart of surcharging decisions faced by law firms that are considering whether to offer digital payments. While allowing clients to pay by credit card can help improve payment rates, the […]

When it comes to trust accounting, maintaining compliance with your state’s requirements is of the utmost importance. And yes, you probably already knew you have to remain compliant, but as any practicing attorney can attest, maintaining trust accounting compliance can be complex.   From meticulous recordkeeping (print and digital) to distinguishing between earned and unearned income […]

This blog post was contributed by Trevor McCandless, CPA, MTax, Fusion CPA. Watch our webinar with Trevor to learn more.  Growing a law firm quickly isn’t easy, but if you’re ready to expand and want to do so as fast as possible, you’ll need to focus on these key forces of scaling:  Finances  Operations  Human […]

As we prepare to bid farewell to 2023, it’s time for law firms to take stock of their yearly performance to see where they stand as an organization.  If things have been going well for your firm, it might be tempting to stick to the game plan that’s gotten you this far, but if you […]

As you flip your calendar to December and anticipate 2024, you may be thinking, “New year, new me.” But let’s be honest—it’s still the same you, and that’s a great thing!   It’s time to embrace a variation on this phrase instead: “New year, new practice.”   After all, what truly matters is the opportunity to refine […]

In today’s rapidly evolving legal landscape, firms of all sizes and in all areas of legal practice need to stay ahead of the technological curve to succeed.   As our technological capabilities advance faster than ever before, law firms that use software solutions to manage their practices can experience lower overhead costs, increased lead conversions, better […]

These days, even seemingly antiquated agencies like the Department of Motor Vehicles allow you to renew your license and registration and pay online with just a few clicks. It sure beats waiting in line with your checkbook.  Accordingly, consumer demand for digital payment options has grown significantly.  How can your law firm take advantage of […]

2023 stands out as a year of significant transformation for the legal field. Law firms, both large and small, found themselves navigating new and nuanced challenges, from the intricacies of remote work to pressing cybersecurity concerns.   And then there’s the elephant in the room: generative AI.  Yet, with challenges come opportunities.   As we reflect on […]

The new year can sneak up fast, so it pays to make a plan to tackle those eleventh-hour tasks now instead of waiting until the last minute.   After all, the end of the year should be a time of relaxation and restoration, not a time to burn the midnight oil while drinking endless cups of […]

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 […]