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Attorneys spend years studying the law, yet despite all the time spent learning case law and strategy, little time is devoted to the knowledge required to run a business. Here, you’ll find the resources you need to develop your business accounting skills.

Accounting

accounting

3 Key Strategies for Handling Multi-party Case Settlements

Discover three proven strategies for successfully managing multi-party cases settlements, including multi-party QSFs. Read this blog featuring insights from Milestone, an innovator in post-settlement solutions for mass tort and multi-party litigation.

5 minute read

accounting

Using the 3 P’s: Preparation, Planning, and Proactivity for Your Firm

As law firms face increased competition, employing the 3 P's of law firm finances: Preparation, Planning, and Proactivity is critical. Read this blog for important insights.

5 minute read

accounting

Top 3 Accounting Best Practices for Successful Plaintiffs Law Firms

There are three essential accounting best practices that contribute to contingency fee law firm success. Read this blog for important insights.

4 minute read

accounting

Accounting for Cash Flow Issues that Hinder Contingency Fee Law Firms

There are four common cash flow issues that can hinder contingency fee law firms from achieving financial stability. Learn important insights for your law firm by reading this blog.

4 minute read

accounting

5 Common Law Firm Accounting Pitfalls to Avoid

Learn how to avoid the 5 common law firm accounting pitfalls that contingency fee law firms typically experience in managing their unique business.

4 minute read

accounting

Law Firm CFO: Navigating Your Plaintiffs Law Firm to Financial Success

For plaintiffs law firm CFOs, there are six keys to navigating a firm to financial success. Learn important insights in this blog post, featuring Tim McKey,

5 minute read

accounting

3 Essential Elements for Effective Law Firm Accounting and Success

There are three essential elements for effective law firm accounting that plaintiffs law firms need to drive success. Read this blog to learn more.

5 minute read

accounting

Law Firm Accounting and Financing: Managing Your Firm’s Growing Need

As your firm grows, the demands for managing law firm accounting and financing also increase, including the need for hiring a finance expert. Read this blog about the importance of building up these areas for your contingency fee law firm.

6 minute read

accounting

How Attorneys Can Avoid the Phantom Income Trap: 3 Key Considerations

As contingency fee law firms prepare their 2022 tax returns, there are three key considerations for how attorneys can avoid the phantom income trap.

7 minute read

accounting

Structuring Your Attorney’s Fees is Part of Sound Financial Planning and Management

Structuring attorney's fees should be something to consider in your financial strategy as a way to protect cash flow for your firm in future years and support steady growth.

3 Minute Video

accounting

Prepare, Plan, and Proactively Manage Your Firm’s Finances for Success

As the market for legal representation heats up, learning how to utilize the ‘Three P’s’ of law firm finances is vital to achieving bold success.

5 Minute Video

accounting

The Counselor vs. The Creditor

Is self-financing your case costs limiting your potential growth? Ari Kornhaber and John Gomez discuss the advantages of case cost financing.

6 Minute Video

accounting

The Irregular Cash Flow Cycle

Discover a progressive approach to law firm capitalization and liquidity, and learn strategies for managing the challenges of inconsistent cash flow.

2 Minute Video

accounting

The Tax Advantages of Financing Case Costs

How a firm manages its case costs could be a tax advantage or disadvantage. Learn the tax advantages of how financing case costs can help alleviate current and future cash flow concerns, and avoid the phantom income trap.

3 Minute Video

accounting

Strategies to Combat Phantom Income

Join Ari Kornhaber (Esquire Bank) and Bryan Koshers as they discuss strategies to avoid phantom income sources, which can lead to lost revenue.

3 Minute Video

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The information provided on (or accessed through) this website is provided for general informational purposes only. Some of the information may be not be applicable or appropriate for all law firms. The views expressed by third parties in materials, videos and other media on or (accessed through) this website are those of the third parties and not necessarily of Esquire Bank.