Running Your Law Firm Like a Business with Emil Abedian

Ready to transform your law firm by putting your investor hat on?

Join Moshe Amsel and Emil Abedian, founder and CEO of Counsel CPAs, as they dive deep into how law firm owners can achieve financial clarity and sustainable growth. Emil shares his journey from general accounting to specializing in services for solo and small law firms, and the critical importance of proactive tax planning, consistent bookkeeping, and understanding financials. Discover why having an accountant who offers more than just tax preparation can drastically influence your firm's profitability.

Listen now to learn how adopting an investor mindset can revolutionize your firm’s success!

 

Episode Highlights

[00:00] Introduction to Emil Abedian

[08:22] Building Year-Round Value for Law Firm Clients

[17:59] Decoding the Numbers: Turning Insights into Action for Clients

[21:22] Measure, Improve, and Prosper: Breaking the Bank Balance Cycle in Law Firms 

[41:50] Emil’s Parting Piece of Advice...

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Boosting Law Firm Profitability through Effective AR Management in Law Firms with Matt Darner

Are you struggling to maintain cash flow and handle collections in your law firm?

Join Moshe Amsel and Matt Darner, co-founder and VP of business development at Collbox, as they dive into strategies for improving accounts receivable (AR) management and maintaining healthy cash flow. Matt shares insights from his extensive experience in automating financial processes, emphasizing the importance of friendly, consistent follow-ups and clear expectations. Moshe and Matt discuss setting higher retainers, utilizing flat fees, and employing specialized collection services to reduce workload and enhance client satisfaction. They stress the importance of defining a structured payment cadence, using technology, and the effectiveness of weekly billing to minimize disputes and maintain transparency.

Listen now to uncover strategies to streamline your law firm’s collection processes and ensure financial stability for sustainable growth!

Episode Highlights

[00:00] Introduction to Matt...

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