Law Firm Finances

Law Firm Finances: A Lawyerist Survival Guide

Law Firm Finances: A Lawyerist Survival Guide is a detailed how-to manual for solos and small firms. It covers setting up accounts, managing cash flow and credit, paying taxes and managing income, and forecasting income. These are critical skills that are not taught in law school, and many lawyers struggle to stay on top of […]


Xero Accounting for Law Firms

If you are in the market for accounting software, and would like something that is better than QuickBooks in several ways, worse in several others, and a bit better overall, then I recommend Xero.


Freshbooks: the Gold Standard for Timekeeping and Billing

Freshbooks is the gold standard for timekeeping and billing. It's easy to use, mobile-friendly, and comes with world-class customer service.


Solo Practice Year Two: Now What?

How to grow and cultivate a successful solo practice after year one.


Spending Wisely vs. Being Cheap

It's tempting to keep overhead as low as possible, but spending wisely is better than not spending.


Finances for a Solo Attorney: Tax Season

Why solo attorneys should hire outside assistance for tax preparation.


Your Practice is Doing Better Than You Think

What solo attorneys should reflect on to determine if their practice is successful.

Surviving the Holiday Slowdown

How solo attorneys can survive the holiday slow down and stay productive.

Upgrading Technology as a Solo Attorney: When, How, and What to Buy

How solo attorneys can upgrade technology---when to upgrade, how to purchase it, and what to buy.

Harvest for Invoicing and Estimates

Harvest is for estimates and invoices, and helps keep me efficient and automated.

Starting a Solo Practice: Five Things to Consider

Starting a solo practice is not easy; five things to consider before starting your own firm.

“How did you learn Quickbooks[?]”

In the comments, Drew asked how to go about learning to use QuickBooks. I learned to keep my own books with the help of a very patient accountant and copies of Bookkeeping for Dummies and Accounting for Dummies. Unless you already know what you are doing, the world of debits, credits, and double-entry accounting is […]


How Much it Really Costs to Start a Solo Practice

A few years ago, I wrote a post I titled Start a Solo Law Practice for Under $3,000. Boy, do I regret that title. Starting a law firm is a relatively inexpensive endeavor, but picking an arbitrary number and trying to stick to it is wrong-headed. I’ve met plenty of lawyers who have done just […]

Save $94 on QuickBooks Pro 2012

If you have been on the fence about whether to get QuickBooks — or whether to upgrade your old copy — now is the time. Amazon has QuickBooks Pro 2012 for $94 off the regular price.

The Differences Between Freshbooks and QuickBooks

Despite the names and a few overlapping features, Freshbooks and QuickBooks are very different products. Here’s a breakdown of the differences.