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Law Firm Owner Tax Strategies

Christopher Small

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Are you a law firm owner? Do you wish there was a resource out there showing you how to save as much money as possible on your taxes? This is the place. If you need help with bookkeeping and tax strategy, let's chat - https://bigbirdaccounting.com
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The Law Firm Owner Podcast

Melissa Shanahan

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The Law Firm Owner Podcast, powered by Velocity Work, is the go-to resource for law firm owners looking to take their business to the next level. Host and founder Melissa Shanahan shares insights and practical advice on how to organize your numbers, grow your team, increase your revenue, and achieve a better work-life balance. Through quarterly strategic planning, accountability, and coaching, Melissa shows listeners how to create sustainable success for both their firms and their personal l ...
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The Law Firm Owners Podcast

Dan Warburton

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Hosted by Law Firm Growth Consultant Dan Warburton, this is the ultimate podcast for law firm owners, partners, MDs and CEOs who want to increase their profits while reducing their workload. You'll gain real, proven industry insights into building a thriving law firm that will enable you to live the lifestyle you deserve.
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Your law firm P&L should not have income broken down by client. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccou…
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Have you ever stopped to consider what you're tolerating in your law firm and life? We often put up with less-than-ideal situations without realizing the impact it has on our productivity, morale, and bottom line. But what if we could harness the power of tolerance in a positive way to achieve our goals and dreams? In this episode, Melissa explores…
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Rob started his first firm shortly after he qualified when he was 28 and, as one of his then partners commented, they “had all the confidence of ignorance”. In 2006, Rob set up the first iteration of the Atkins Dellow business with Graham Atkins, his very good friend from law school. They operated under the umbrella of Atkins, with Graham offering …
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Peter owns The Partnership, an award-winning property law firm he founded 15 years ago, based in London and Guildford and employing 90 people. With his new firm, Legalito, he is sharing with other lawyers the benefits of technology that genuinely improves effectiveness. In this episode Peter breaks down how efficiency and outstanding service is the…
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Hiring your first attorney is like hiring your first receptionist. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustac…
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Why is owner salary a separate line item on your law firm P&L? Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Why purchasing a law firm is so hard. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Sometimes using tech to make things easier makes them WAY more complicated. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/…
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The ONLY funds that should go into a law firm trust account. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Don’t use Mint as your law firm bookkeeping platform. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Do you ever feel like you're stuck in a loop, failing to follow through on your goals despite your best intentions? You're not alone. Many law firm owners struggle to create lasting change in their lives, relying on willpower alone to push through. But what if there was a better way? In this episode, Melissa shares insights on how to make success a…
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In this episode, Chrissie will take us through the three secrets that law firm owners can implement to attract, develop and retain high-performance talent. Chrissie Wolfe is a partner at Nexa who specialises in medical and cosmetics injuries and also has a consulting business focused on supporting law firm firms and legal teams in the attraction an…
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When is the Right time to Elect S-Corp Status? Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Easy law firm owner tax strategy to start 2025. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Confession time - I don’t budget for my law firm. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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The real reason your law firm isn’t growing. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Law firm owners leave your quickbooks accounts alone! Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Do you feel like you're constantly working harder but not seeing the growth you want in your law firm? You're hiring more people, taking on more cases, and putting in long hours, yet your revenue and profit aren't keeping up. It's a frustrating cycle that can lead to burnout and leave you feeling stuck on a treadmill. In this episode, Melissa expla…
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In this episode Karen takes us through the 3 mistakes that law firms make that can destroy their business, and cause them to lose fees, or cost them income and how to avoid them. Karen has over 30 years’ experience of defending claims against professionals, primarily solicitors, accountants and tax advisors. She became frustrated by the fact that p…
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Which is more secure, US team member or Philippines team member? Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustacco…
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Law firm trust account reconciliation in three steps. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Why I’m Building My Law Firm Like I’m Going to Sell It. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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If your law firm isn’t hiring virtually, you’re losing. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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I have bad news - your law firm boss is NEVER retiring. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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AI for Law Firms - My First Use Case. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount…
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Do you ever feel like you're constantly playing life on "hard mode"? Like no matter how much effort you put in, you can't seem to get ahead or achieve the results you want? What if there was a way to flip the script and start playing on "easy mode" instead? By the end of this episode, you'll have a clear understanding of what it means to position y…
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Depositing earned legal fees in your IOLTA is hurting your business! Are you a law firm owner looking for bookkeeping and tax help? Click here to set up a free consultation - https://bigbirdaccounting.com/lawfirms
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Do you ever feel like you're stuck in a rut with your law firm, desperately wanting to get your hands around your business but not knowing where to start? You're not alone. Many law firm owners struggle with understanding their data, identifying key focus areas, and making the necessary changes to achieve their goals. In this episode, Melissa dives…
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In this episode, we discuss how Alex focused on building a great culture across his firm to scale effectively and profitably past the £5M turnover mark. In this session, we will explore leadership skills in depth and explain why they are so important for any law firm owner looking to build a truly profitable and thriving firm. Any entrepreneurial l…
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Law firm Facebook ads are not good for these types of clients. Are you a law firm owner looking for bookkeeping and tax help? Click here to set up a free consultation - https://bigbirdaccounting.com/lawfirms
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Law firm flat fees should NOT go into your IOLTA account. Are you a law firm owner looking for bookkeeping and tax help? Click here to set up a free consultation - https://bigbirdaccounting.com/lawfirms
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Hosted on this episode is Grant Sanders, the head of Legal Operations at Stephen Rimmer Solicitors. He has a passion for turning law practice into a well-oiled machine – whilst meeting today’s demanding compliance regulations. In this episode, Grant broke down how effective it is to partner with consultants and other small law firm service provider…
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Are you considering expanding your law firm by adding a new practice area? It's a common dilemma faced by many law firm owners looking to grow their business and boost revenue. But is it the right move for your firm at this time? Don't let the allure of a new revenue stream cloud your judgment. Tune in to discover how to approach expansion strategi…
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My next guest is Rhiannon Cambrook-Woods, a Partner and business owner with a history of building and managing law firms over the past 20+ years. Recent personal accolades include success at the Court of Appeal in defamation and a £1.3m recovery against a well-known TV personality. Rhiannon is a Solicitor specialising in litigation, financial dispu…
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