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By: Practice Alchemy

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Latest from Practice Alchemy Blog

Practice Alchemy Blog

Law Firm Bookkeeping Tips To Set Your Firm Up For Success

By rosspracticealchemy-com-ross-yellin
May 19, 2022

Practice Alchemy has worked with countless law firms that attempt to do all of their bookkeeping internally. While some firms can make it work if they have the proper personnel, processes, and technology in place, many firms find themselves drowning in invoices and spending far too many partner hours on bookkeeping. In this blog, we’ll…

Practice Alchemy Blog

Law Firm Bookkeeping: The Nightmare Of End-Of-Year Tax Filing

By rosspracticealchemy-com-ross-yellin
April 13, 2022

Year-end tax filing is often a very stressful time for law firms that don’t have the proper team and technology in place to ensure that their books are spotless. Even firms with dedicated accounting departments can find themselves falling behind and lacking absolute confidence in their bookkeeping.

Practice Alchemy Blog

Five Questions To Ask Your Law Firm Advertising Agency

By rosspracticealchemy-com-ross-yellin
April 6, 2022

Picking the right law firm marketing partner is hard. There are countless options to pick from, they may all sound and look the same on a sales call, and the law firm marketing space is constantly evolving and changing. The strategies that brought in clients a few years ago may be obsolete today. You need…

Practice Alchemy Blog

Your Intake Team Is Costing You Money. Part II: Form Fills

By rosspracticealchemy-com-ross-yellin
April 1, 2022

In the last edition, I spoke about phone calls and the importance of answering the phone first-time-right. That means more than just answering the phone, it means answering the phone within the first few rings (yes, it does make a difference), and answering it with empathy and a genuine desire to help the person…

Practice Alchemy Blog

A Beginner's Guide to Cloud Accounting For Law Firms

By rosspracticealchemy-com-ross-yellin
March 30, 2022
Practice Alchemy Blog

5 Common Law Firm Bookkeeping Mistakes to Avoid

By rosspracticealchemy-com-ross-yellin
February 25, 2022

Running a law firm is hard enough, but when you add bookkeeping to the mix without the help of an accountant, it is incredibly easy to become overwhelmed and make mistakes.  After all, you did not go to law school to spend time reviewing numbers, your time is better spent servicing your clients.   In…

Practice Alchemy Blog

Your Intake Team is Costing You Money: Part 1: Phone Calls

By rosspracticealchemy-com-ross-yellin
February 1, 2022

Over the years, I’ve spoken and worked with hundreds of law firms across the country. For those that utilize an intake team, mainly plaintiff’s firms, one thing rings true across the gross majority: their intake team is f$$king it up and costing them money.

Practice Alchemy Blog

4 Signs You Should Outsource Your Law Firm's Bookkeeping

By rosspracticealchemy-com-ross-yellin
January 26, 2022

Bookkeeping and accounting are essential to the success and profitability of any business, and that is no different when it comes to law firms. Unfortunately, attorneys often attempt to manage their law firm bookkeeping needs alone, or ask their office manager to step in to handle the books. Particularly in smaller practices, this causes firms…

Practice Alchemy Blog

Law Firm Podcasts: Are They Worth Your Time?

By rosspracticealchemy-com-ross-yellin
July 12, 2021

As a lawyer, you have experience and insight into several specific niche areas. Cultivating a reputation as a thought leader by owning a legal podcast will demonstrate how knowledgeable you are in your various fields of practice. Creating and maintaining a podcast may be a crucial part of your law firm marketing strategy to enable…

Practice Alchemy Blog

The Case of Cash v. Accrual Accounting

By ashley-medeirosfullfunnel-co-ashley-medeiros
May 27, 2021

Dogs or cats? iPhone or Android? Cash or accrual? … huh?! It’s an age-old “this or that” question that you, as a legal professional and business owner, must address.

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