Law Firm CFO Blog

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There is No Accounting for Lawyers

Law firms need high-performance accounting systems just as much — if not more — than other businesses. While some smaller businesses can manage their accounting activities without building a formal accounting department, accounting and bookkeeping for lawyers is a much more rigorous process. Law firms who rely upon a single bookkeeper, or on law ...
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What The Law Firm Accounting Department Can Learn From Law & Order

Jan 24, 2019 1:00:00 PM | Michael Marget
“In the criminal justice system, the people are represented by two separate yet equally important groups….”
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A Brief History of Non-Billable Time

Jan 18, 2019 1:00:00 PM | Michael Marget
Philosophers broadly view time as the continuous succession of events from potentiality in the future, through existence in the present, to finality in the past. Most law firms have a narrow ...
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New Year’s Resolutions for the Law Firm Accounting Department

Jan 7, 2019 10:00:00 AM | Michael Marget
Last week, the ball dropped in Times Square and folks attempted to sing Robert Burns’ 1788 poem, “Auld Lang Syne,” despite not knowing the full lyrics and being unsure of the song’s true meaning.[1] ...
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What You Need To Know About Law Firm 1099 Reporting

Nov 29, 2018 1:31:52 PM | Michael Marget
As year-end approaches, the typical law firm CFO has 1,099 things to do. One of them is 1099 ...
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The Idiosyncratic Role of Real Estate in Some Law Firm Mergers

Nov 15, 2018 12:00:00 PM | Michael Marget
Law firm mergers have continued to surge throughout the year, with a record 56 mergers ...
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