Community Table: 2024 Year End: What’s Your Business Plan for 2025?

Legal Talk Network - Law News and Legal Topics

In this episode’s discussions around the Community Table:

• Returning Guest Danielle Hendon, CPA, founder of 4 Corners CFO, explores what lawyers and law firms should, and should not, be doing in the fourth quarter of 2024. Learn the common mistakes firms make as the year winds down.
• Take the time to understand the story your business “numbers” are telling you. Do you see where your business is going and what you should be thinking about as you forecast for next year? Be intentional about your growth. Don’t let things “happen to” your firm, make them happen.
• It’s OK to spend as needed at the end of the year, especially if you’re thinking of taxes. But you’ve got to be looking ahead, too. What’s important, how do you manage a budget, understand what’s budgeting and what’s forecasting? Don’t spend just for short term tax advantages, plan for the unexpected too.

Mentioned in This Episode:

Danielle Hendon, previously on the Un-Billable Hour, “Is Your Small Firm Missing A Chief Financial Officer? Rent One.”

4 Corners CFO, “A Framework to Reveal Your Path to Profit”

The Un-Billable Hour, Legal Talk Network

Quickbooks

Clio Legal Trends Report

Clio

Cliocon 2025

Join the next Community Table live. What’s on your mind?