Law Firm Accounting Essentials: Kick-Starting Your Practice
Law Firm Accounting Essentials start with the basics; understanding the financial strengths and weaknesses of your firm. Amanda is the founder of Aguillard Accounting, a small business accounting firm based in New Orleans with clients across the country. Her focus is solo and small law firms and real estate brokerages.
Law Firm Accounting Essentials: Building Your Dream Practice
Having a strong foundation in accounting enables you to plan and strategize effectively. With Amanda’s guidance, you can build the law firm of your dreams using robust accounting principles. She is also the co-founder of Elefant, a training company for accountants and bookkeepers. Amanda’s #1 passion is helping small business owners build the practices of their dreams using technology.
Resources discussed in this episode
- Xero; – cloud-based accounting software for small businesses (which Ernie and Amanda both use and recommend)
- MinuteDoc; – Xero-based time and billing integration
- Amanda’s Clio Conference Talk (YouTube recording) entitled “Accounting Doesn’t Have to Be a Bad Word. She talked about making sense of accounting practices and how to avoid common law firm accounting pitfalls.
- Quickbooks Online – the cloud-based competitor to Xero.
- Amanda’s Twitter Feed – where she posts important announcements for small business owners looking for guidance with accounting issues.
- Small Firm Bootcamp 2020 – the 2-day conference for solo and small firm attorneys coming up in May of 2020 in New Orleans. Special “early bird” pricing is now in effect.
General Resources
- Learn to use technology to reduce friction & gain freedom with this resource: https://www.the8020lawyer.com/
- Focus on these essential tech tools for maximum traction in your practice.
- Take this short law practice assessment to identify your main strengths & weaknesses.
- Check out my VIP Fast-Track program —personalized, one-on-one coaching from me.
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EPISODE CREDITS:
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Discover how to create a relaxed law practice by using the 5 Tech Pillars.