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Law Firm Bookkeeping Tips To Set Your Firm Up For Success

Practice Alchemy has worked with countless law firms that attempt to do all of their bookkeeping internally. While some firms can make it work if they have the proper personnel,

Ross Yellin

Latest

How COVID-19 is Affecting Different Practice Areas

COVID-19 is drastically influencing the demand for practice areas that will be able to assist in resolving issues caused by the coronavirus pandemic. Practices such as trusts and

Matthew Iovanni

11 mins

3 Ways to Boost Your Law Firm's Business Operations

Over the past six years, I’ve had the opportunity to work with hundreds of professional services organizations spanning from consulting companies, law firms, accounting firms,

Matthew Iovanni

5 mins

Credit Cards and Other Debt - Working Capital Management

This is the final post of our five-part series on working capital management. First there was a brief introduction to working capital management. Then, we talked about why cash is

Jonathan A. Medeiros, CPA, MBA

4 mins

Understanding the 3 Client Lifecycle Stages of Law Firms

The United States is home to 443,565 law firms that collectively generated $330 billion in revenues during 2019 alone. With so much money on the line and aggressive competition

Matthew Iovanni

5 mins

Annual Law Firm Maintenance Check

Consider for a moment how you maintain your car. Are you the type that sticks to the recommended regular maintenance schedule, or do you only address vehicle health when given a

Ross Yellin

3 mins

Vendor Strategy for Law Firms - Working Capital Management

We’re now in the back half of our five-part series on working capital management. First there was a brief introduction to working capital management. Then, we talked about why

Demystifying Bookkeeping

The month of February is for celebrating love, our nation’s presidents, and… demystifying bookkeeping? Maybe that last part doesn’t exactly fit into February, but in the spirit of

Jonathan A. Medeiros, CPA, MBA

3 mins