Is Money Slipping Through Your Fingers?

Struggle with Cash Flow? Henry Ford once famously said: “Vision without execution is just hallucination.” While revenue production is the core goal for every business, the real magic is in understanding and managing your cash cycle. You can’t execute without cash. As Patty Block – consultant and owner of The...

A Well Thought Out Blog Can Grow Your Law Firm

Before blogs even existed, there were firm newsletters. Law firms sent them out as a way to build community among existing and prospective clients. They were a branding tool that also fostered loyalty. The internet accelerated that formula, allowing law firms to not only save money on print and mailing,...

Legal Industry! Important Statistics to Know…

I recently spoke on the topic, “Pricing in Today’s Legal Market” and thought I would share some statistics that I found during my research. How does your firm compare? Altman Weil reports 1/3 of in-house counsels plan to decrease their spending on outside counsel over the next 12 months, while...

The Next Big Thing in Law

The word is out! Our Plug and Practice business model was just announced in The Huffington Post! Huffington Post Article – Read it Here The huge economic advantage of outsourcing your back office needs is not news, but the seamless transition due to the advances in technology is. No longer...

Your Year End Checklist!

Because many of you have asked, we have put together a list of items to consider as you are preparing to close your calendar year and prepare for the New Year. B2 Legal Management Accountants will assist you in handling many of the routine end of year tasks. Please let...

The Myth of Free Parking

There is no such thing as “free parking”. And now there is an IRS rule that has not been relevant to most employers until recently. With the continuous rising costs of parking in downtown, many employers who pay for all or part of employee parking need to be aware of...

Budgets…What Good Are They?

Usually the first thoughts when considering a budget are: Where do I begin?” … “There’s no way to predict what is going to happen, so why bother?” … “There’s not enough time to do this” … “I can build it, but no one will ever use it.” Regardless of your...

Calculating Overtime – The Right Way!

Calculating overtime is pretty simple…right? You pay nonexempt employees one-and-one-half times their hourly rate for any hours over 40 hours in a work week. But, did you know that you have to add to the regular hourly rate any non-discretionary bonuses or certain types of commissions that are paid during...