Small Law Firm Management Tip: Bank’s screw-up so you have to watch your money!
(Video Part 1 of 3) Here I’m about to go to Wachovia to resolve a problem with money missing from my law firm operating account. It pays to look at your cash position and law firm bank reconciliations. Go ahead & pay a bookkeeper to do the grunt work, sure. But looking at his or her reports is not only smart business, it helps you sleep much better at night so you can be a happy lawyer. You just cannot expect to build, grow and maintain a profitable law practice otherwise. In the next video in this series I’ll share some tips about how to calculate the cost of running your own small law firm.
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