Where Law meets money
How Much Revenue Do You Need to Hire Your First Employee?
How much revenue does a law firm need before hiring its first employee? The real question isn’t revenue—it’s cash flow. Learn how to evaluate your firm’s finances, test new expenses, and decide when hiring makes sense for sustainable growth.
Can Your Firm Afford to Grow? Understanding Cashflow vs. Profitability
Before growing your law firm, understand the difference between profitability and cashflow. Learn how to evaluate financial readiness, calculate ROI, and plan sustainable growth without putting your firm at financial risk.
https://hermanledge.com/post/6-trust-account-red-flags-that-could-trigger-a-bar-audit
Worried your trust account isn’t audit-ready? Learn the 6 red flags that can trigger bar scrutiny — from missed reconciliations to negative balances and software oversight gaps — plus simple prevention strategies to stay compliant.
Trust Accounting vs. Operating Accounting: What Law Firms Need to Know
Trust accounting and operating accounting serve very different purposes inside a law firm — but they must work together seamlessly. In this post, we break down the key differences between trust and operating accounts, explain when income is truly earned, and outline how proper tracking protects your firm’s compliance and profitability.
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Based in Concord, NH, serving clients nationwide.
