Law Firm CEO/CFO Consulting Services
WE HANDLE THE BUSY-WORK SO YOU CAN FOCUS ON WHAT REALLY MATTERS.
The average salary of a full-time accountant, plus benefits, 401K, taxes, etc. far exceeds the value that they can provide for most small to midsize law firms. Although the expertise of a Controller/CFO type employee is often necessary for these companies, it is by no means something that needs to be in-house. A part-time/contracted high-level accounting solution is more cost effective and beneficial to the organization as a whole. By delegating critical operational accounting functions to FinOp Group’s team of skilled professionals, companies can have accurate, organized and consistent financial data.
- Business Decision Support
- Planning – Budgeting and Forecasting
- Financial Analysis
- Management Reporting and Narrative
- Board & Bank Reporting
- Tax Planning
- Audit Support
- Acquisition Integration Support
- Optimization of operational efficiency
Our law firm accounting team at FinOp Group has an intricate understanding of how law firms often require specialized help in finance as they go through different stages of growth. FinOp Group consistently helps our clients evolve and optimize their financial operations in the face of changing needs as they grow. The burdensome cost of paying a full-time CFO and accounting staff is a significant barrier that we at FinOp Group hope to break down.
Legal Firm Accounting Services Testimonials
“FinOp Group has been transformational when it comes to the financial operations of my law firm. Hiring them was one of the best decisions the firm has made.”
“FinOp Group is critical to our firm’s success. From sophisticated forecasting, to consulting, to client management, to bookkeeping, FinOp keeps our firm on track for a successful year, year after year. With FinOp, I always know where our firm is heading and I can stick to what I enjoy and am good at – practicing law. FinOp works directly with my team to ensure that we continue to thrive on a week in, week out, year in, year out basis. It’s been a tremendous partnership.”
“FinOp Group has been valuable to our firm in that we are now able to better plan for our future. 100% of my business is contingent upon resolving cases and being paid for the work already completed. Planning for the future has always been difficult, until now.”
“As somewhat new company owners, we brought on FinOp Group to help regulate our cash flow, organize our finances, and create a budget. Thanks to FinOp, all of these things have happened and the information is presented to us in a way we can understand and base future decisions on. I’d highly recommend FinOp Group to any business looking for financial guidance. “
“I feel very fortunate to have found Greg Critchfield and the FinOpGroup for our bookkeeping and accounting needs. During the recent pandemic, we had three long term employees retire. This left our firm in a bit of a quandary in regards to our accounting department. I found Greg through another law firm’s recommendation. He has been everything I could have hoped. He is knowledgeable, responsive, trustworthy, and just simply pleasant. The books had been left unattended and in no time, Greg had us back to perfect. A shout out to Greg and the FinOpGroup.“
FinOp Group provides Bookkeeping Services for law firms looking to improve the quality, efficiency, and cost structure of their financial operations. We can effectively manage all your daily financial needs, including payroll, invoicing, accounts payable and regular account reconciliations. We provide our clients with improved visibility into their financial operations and greater scalability at a lower cost point than can be achieved through traditional in-house operations. Our Bookkeeping Services can be customized to meet our unique client needs. Typically, we provide the following elements:
Law Firm Financial Management Software
Law Firm Accounting and Operational
Data Made Clear and Meaningful
With our FinOp Group FOG board, you can access all of your financial & operational data from anywhere, using your computer, tablet, or smartphone. We can create for you any number of fully customized dashboards. This legal accounting software tool helps you run your business more effectively and efficiently. Allowing you to better manage and oversee all aspects of your firm both financially and operationally.
Legal Firm Financial Advice Services
FinOp Group’s team of law firm accounting experts works closely with owners, partners, shareholders, managers, etc to help them understand their unique business requirements, and develop a customized plan to lead them down the path to achieving their financial goals. FinOp Group offers proactive financial advice to help guide companies and keep their cash healthy, competitive, and fiscally sound. High-level reporting using firm-specific data sets the stage for maximum return on your bottom line.