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Podcast: Lawyer Business Advantage
Episode: The Power of Numbers with Joe Franco
Description:
In this episode, Alay and Joe discuss:Â
Understanding the numbers to understand the performance of your firm.Â
Getting the numbers from your bookkeeper or accountant.Â
Looking at your financials regularly.Â
Accounting software for your law firm.
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Key Takeaways:Â
You can absolutely ask your accountant for comparable reports on a monthly or quarterly basis. That is expected.Â
You need to look at your AR aging and make sure you are collecting on that.Â
When you’re looking to hire, delegate from the bottom up. Look at hiring office staff rather than another attorney first.Â
CO...