Benchmark your firm, identify growth areas, & get a free strategy consultation.
Learn key insights and actionable strategies designed specifically for law firms:
This guide is for law firm partners and financial managers looking to improve their firm’s financial management. It’s relevant for those who want to manage the complexities of legal accounting with ease and confidence.
Streamline your financial operations and free up valuable time for billable work.
Implement best practices to match and exceed key benchmark metrics.
Learn how to optimize cash flow to sustain and grow your firm.
Respublica CPA, led by Peter Magistrale, brings a unique blend of Wall Street financial acumen and deep legal industry knowledge. His team’s experience in hedge funds and private equity translates into actionable strategies for law firm growth and profitability.
Benchmarks provide crucial context for your firm’s performance, helping you identify areas for improvement, set realistic goals, and make data-driven decisions that drive growth and efficiency.
A high DSO can be caused by inefficient billing and collection processes, unclear communication with clients, and complex billing structures.
Common issues include cash flow management, tax compliance, and accurately tracking billable hours.
The report provides formulas and definitions for each KPI. You’ll need to collect data on billable hours, billed amount, collections, accounts receivable, total credit sales, total revenue, and marketing expenses.
No, the initial consultation with Respublica CPA is free and there’s no obligation to become a client.
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