Law Firms Archives - Springboard Legal

Stop Overspending in Your Law Firm

Are you looking at your law firm's financials and asking yourself, "Where does all the money go?" It's a common question. As I work with law firm owners trying to maximize their profit and even my own firm, one of

Preparing Your Law Firm for a Recession

A lot of economic experts have started talking about the "R" word -- recession -- lately. It's scary out there, but that doesn't mean that your law firm can't be prepared to take on this economic cycle in stride and

Why Customer Concentration is Such a Giant Risk

I know you've heard the phrase, don't put all your eggs in one basket. But that is exactly what you are doing when you have a high customer concentration. Customer concentration is when you have too much revenue coming from

Preparing Your Business for an ICE Raid

In all my years as a corporate attorney, CFO, and consultant, I never expected that I'd be writing up ICE policies for my clients. But yet, here I am, having to prepare my clients - a mix of law firms,

Unclaimed Property: The Answer to Law Firm IOLTA Uncashed Checks

As lawyers, we know we have to stay on top of our trust accounts. This includes getting the funds out to clients or third-parties promptly as well as tracking all the funds that go in and out of the account.

Lawyers: Don’t Use the Firm’s Bank Account as a Personal Piggy Bank

When you setup a law firm, or really any business, one of the first things that we tell you is to separate out your business transactions from your personal transactions. It's important for concepts like protecting the corporate veil, making

Google Cracking Down on Site Reputation Abuse SEO Tactics

Marketing businesses online generally means a business website. Finding that website is often the work of online searches through Google and other search engines. That's where SEO comes in - search engine optimization. This week, Google announced that they are