4700GROUP Blog - 4700Group

04 Apr Time is Money

Posted at 05:13h in Practice Management by Gale K

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In a study of 309 US law firms by LexisNexis, 60% of firms report spending 8 hours on client billing each month, 25% claim as many as 16 hours were spent. Client billing is a necessary cost, but be sure to take into account that small firms...

14 Mar Clio Cloud Conference 2016

Posted at 06:48h in Seminars by Gale K

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September 19th & 20th Two full days of Clio training. Face time with Clio support personnel and third party add-on companies. Clio knows how to share knowledge, make connections and have a good time. Come join us! Learn more about Clio and register here. ...

16 Feb Return on Investment

Posted at 06:19h in Return on Investment by Gale K

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As a small legal firm, taking on additional overhead costs can hurt the bottom line and when evaluating any cost, it is always good practice to consider the return on investment (ROI). ROI is simply the net gain of an investment divided by the cost...

03 Feb QuickBooks Online

Posted at 07:19h in Quickbooks Online by Gale K

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Is QuickBooks Online (QBO) just mobile QuickBooks? No, it’s not...

04 Nov Feature: Business of Law Blog

Posted at 21:58h in Blogs, News and Events by Gale K

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Our President and CEO Gale Kirsopp has been featured in an article over at the Business of Law Blog titled Sage Small Law Firm Accounting Advice from an Expert. In this article Gale highlights accounting challenges law firms face and the reasons why seeking an accountant can...

23 Oct What is a Cash Flow Statement? Do I Really Need to Use One?

Posted at 21:41h in Cash Flow Report by Gale K

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What is a Cash Flow Statement? A Cash Flow Statement measures the movement of cash flowing into and out of your firm over a specific period of time. Do I really need to use one? In short, yes. You may remember our earlier discussion on Cash vs....

08 Oct Clio Seminar – In-depth Clio Practice Management Software Training

Posted at 21:21h in News and Events by GK

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Clio Practice Management Training Seminar, August 14, 2015, at the Seattle Marriott Waterfront. Featuring Guest Speakers:

10 Sep Looking for QuickBooks Online Training?

Posted at 09:21h in Blogs by GK

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Click on the link below to check out this years QuickBooks Connect! Don't miss out on this one of a kind conference with nationally renowned speakers, entrepenuers and small business owners just like you. www.quickbooksconnect.com...

31 Aug Clio Cloud Conference 2015

Posted at 09:19h in Blogs, Seminars by GK

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Are you a Clio user or interested in learning more about what Clio can do for your firm? Click on the link below to learn more about the Clio Cloud Conference 2015 and why you should go. www.cliocloudconference.com...

17 Jun Cash vs. Accrual – What does it mean to a lawyer?

Posted at 09:18h in Blogs by GK

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Cash versus accrual, what does it mean to a lawyer? Simply stated, cash & accrual are the two different ways to evaluate your financial reports. When you review an Income Report on a cash basis, you will only see those transactions that have affected the cash balance...