Mastering Financial Challenges Across Legal Specialties
What financial challenges might you be likely to run into across the various legal fields, and how do you navigate them?
We discuss it all in this week's podcast!
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02:28 Mastering Financial Challenges in Legal Specialties
03:21 Understanding Business Mix and Billing Practices
06:09 Technology Adaptation in Law Firms
07:03 Client Acquisition vs. Cash Flow Challenges
09:48 Financial Management and Reporting
15:45 Understanding Collection Ratios
16:07 Setting Up a Strong Foundation
16:54 Budgeting and Forecasting for the Future
17:56 Evaluating Labor Costs
18:52 Challenges in Family Law Practices
21:22 Importance of Technology in Law Firms
25:40 The Role of Financial Coaches
28:54 Engaging with Your Financial Team
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Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk
Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.