4700GROUP Blog

accounting information and resources for the legal industry

The economically challenging times we are experiencing are the result of things outside our control. However, there is one question we are consistently being asked, 'How do I know when the money will run out?' or 'How can I calculate how much time I have...

To quote Steven Chung, a practicing tax attorney in LA, “When preparing tax returns, most lawyers send their financial books to their tax preparer and let them handle the rest. Unfortunately, some simply add up the numbers and input them to the tax return without...

Financial reports tell the story of your firm. Think of each report as a storyteller. The accuracy by which they tell your story is based on the accuracy of your recordkeeping. The three primary storytellers are the Income Statement (also called the Profit & Loss), the...

September 25th & 26th - New Orleans 1,000 Lawyers | 50 Speakers all in 2 Days ! Clio knows how to share world-class knowledge and create unparalleled networking events designed to nurture your mind, body, and soul. Learn more about Clio and register here....

Establishing a solid client billing policy is the first step to collecting your fees in a timely manner. This is the cash you'll need to pay your bills, and yourself, for work you have already completed. A policy does not have to be elaborate but it does need...

Learn more about our accounting services.