Top tips for legal firm finances

Crowe tax director Michael O’Scathaill, recently presented a webinar entitled Legal Firm Finances – Top Tips, as part of the Law Society’s series of Small Practice Information Sessions. 

Solicitors, like many other owner-managed Irish SMEs are facing increasing pressures with cash flow management as well as the challenge of managing their practice, improving profitability, investing in staff and ensuring their business is effectively positioned to maximise returns when we emerge from this pandemic.

In his presentation, Michael gave a number of tips around the following topics:

• Setting financial goals for 2021
• Improving profitability
• Cash flow management
• Accounting tips for lawyers

Click below to watch the webinar:

Crowe has extensive experience working with solicitors and legal practitioners, providing a full range of accounting, tax and consultancy services. Our mix of strategic and functional skills and knowledge allows us to provide both innovative and workable business solutions for solicitors and their clients.