Excuses Lawyers Make About Money (and How It Hurts Their Firms)
Manage episode 451554719 series 3443367
Many law firm owners think they don’t need a bookkeeper or CFO. Some say, “I already have an accountant,” or “I don’t trust anyone with my money.” Others believe, “If I’m paying my bills, everything must be fine.”
But here’s the truth: if your firm is growing—especially at 7 figures or more—you need more than someone to balance your books. A bookkeeper or CFO isn’t just about tracking expenses; it’s about understanding your cash flow, setting financial goals, and making smarter decisions for the future.
In this episode, I’ll break down the common reasons lawyers avoid hiring financial help and explain why these excuses could be holding your firm back. Whether you think you’re “too small” or you’ve “got it covered,” this is the conversation you need to hear.
Let’s talk about how managing your money better can help you grow your law firm—and your peace of mind.
📌📌📌 Pinned Resources 📌📌📌
⚡Don't start 2025 without the Lawyers Annual Planner. Check it out here
Want hidden gems 💎? Join the newsletter: https://ws-lawyers.com/newsletter/
Strategize your success for 365 days 🏆 - Exclusive planner for law leaders - https://www.lawyersplanner.com
🛟Lifesavers for your law firm: https://ws-lawyers.com/all-products
🤯Tired of those admin tasks? https://ws-lawyers.com/automate-your-law-firm/
💰Not seeing enough money in your law firm? https://ws-lawyers.com/show-me-the-money-in-my-law-firm/
🍼Feeling like a babysitter and not a law firm owner? https://ws-lawyers.com/law-firm-team-sos/
💸Want bookkeeping and CFO services that doesn't suck? www.thelawfirmbookkeeper.com
📧 For more information, feel free to email me at [email protected].
125 episodes