• Mastering Data Migration for Law Firm Software
    Jan 9 2025

    The project that brought Sarah and Lynda together!

    Data migration between software might sound simple, but it’s often more complex than it seems. Discover why a legal accountant is your secret weapon for navigating this process smoothly.

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    03:25 Mastering Data Migration for Law Firms
    05:04 Challenges and Lessons in Data Migration
    07:37 Software Issues and Solutions
    09:38 Importance of Proper Data Handling
    12:31 Real-World Migration Experiences
    19:18 The Importance of Hiring Experienced Data Professionals
    19:35 Challenges in Data Migration
    20:04 Tools and Software for Data Management
    21:20 The Role of Sales and Integration Teams
    21:38 Key Considerations for Data Migration
    23:31 Practical Tips for Law Firms
    26:25 The Future of Legal Software
    29:57 Final Thoughts and Recommendations
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    Be sure to subscribe for more episodes!
    Find us on YouTube as well!

    Order Lynda's book, Modernize Your Law Firm, here

    If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

    If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

    If you want to follow along with Steve’s airstream adventures, as well as Accountants Law Pod updates, be sure to follow us on instagram at Accountants Law Pod.

    Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

    Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

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    38 mins
  • Financial Crisis Management - How to Stay Afloat in Tough Times
    Jan 2 2025

    When it come to hard times.... it's not a matter of "if," it's a matter of "when." Is your business prepared?

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    02:57 Financial Crisis Management
    03:26 Evaluating Subscriptions and Expenses
    05:42 Staff and Workflow Adjustments
    15:48 Creative Solutions and Pivoting
    23:22 Client Engagement and Marketing
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    Be sure to subscribe for more episodes!
    Find us on YouTube as well!

    If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

    If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

    If you want to follow along with Steve’s airstream adventures, as well as Accountants Law Pod updates, be sure to follow us on instagram at Accountants Law Pod.

    Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

    Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

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    27 mins
  • Cash Flow Demystified
    Dec 26 2024

    What is cash flow, how does it work, and why is it important? If you've found yourself pondering these or similar questions while navigating the complicated world of cash flow, this episode is for you!

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    00:29 Year-End Panic and Client Price Notifications
    01:15 Cash Flow Demystified
    02:02 Understanding Cash Flow Reports
    03:59 Importance of Positive Cash Flow
    04:46 Economic Uncertainty and Budgeting
    08:57 Impact of the Pandemic on Law Firms
    09:27 Adapting to New Technologies
    15:47 Improving Cash Flow for New Businesses
    17:32 Cash Flow Management: Lease or Buy?
    17:47 Identifying and Eliminating Unnecessary Expenses
    19:23 Optimizing Business Savings and Investments
    20:00 The Importance of a Rainy Day Fund
    21:52 Navigating Lines of Credit
    23:24 Leveraging Client Conversations for Business Insights
    23:59 Analyzing Staff Productivity and KPIs
    24:39 Year-End Financial Review and Adjustments
    27:38 Reminder: Filing Your BOIR Report
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    Be sure to subscribe for more episodes!
    Find us on YouTube as well!

    If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

    If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

    If you want to follow along with Steve’s airstream adventures, as well as Accountants Law Pod updates, be sure to follow us on instagram at Accountants Law Pod.

    Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

    Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

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    32 mins
  • The Future of Accounting Software and AI
    Dec 19 2024

    AI has been the hot button topic of the year!

    Steve and Lynda share their thoughts on what we can expect from AI when it comes to Accounting Software.

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    01:16 Challenges with Client Trust Accounts
    02:24 The Impact of AI on Accounting and Legal Industries
    05:21 The Evolution of Accounting Practices
    07:52 Self-Driving Cars and Legal Implications
    11:13 AI in Legal Brief Writing and Future Prospects
    15:37 AI's Role in Creative Fields and Ownership Issues
    16:22 AI's Visual Capabilities
    16:48 AI in Accounting Software
    17:36 AI in Legal Practice
    18:32 AI's Impact on Jobs
    19:36 AI Enhancements in QuickBooks
    21:20 AI in Everyday Life
    23:08 The Future of AI in Various Fields
    27:06 AI Tools and Their Applications

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    Modernize Your Law Firm - By Lynda Artesani

    Be sure to subscribe for more episodes!
    Find us on YouTube as well!

    If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

    If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

    If you want to follow along with Steve’s airstream adventures, as well as Accountants Law Pod updates, be sure to follow us on instagram at Accountants Law Pod.

    Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

    Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

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    31 mins
  • Financial Metrics: The Key to Growing Your Law Firm with John Scott and Kip Bilderback
    Dec 12 2024

    We are excited to welcome John Scott and Kip Bilderback to the podcast to walk you through everything you need to know to help your law firm clients grow!

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    00:26 Meet the Special Guests: John Scott and Kip Bilderback
    01:34 John Scott's Journey and Expertise
    03:10 Kip Bilderback's Background and Insights
    05:55 Impact of the 2008 Housing Crash and COVID-19
    09:45 Financial Preparedness and Line of Credit
    13:24 Challenges in Law Firm Financial Management
    18:30 The Role of Coaches and Consultants
    27:14 Strategic Growth and Transparency in Law Firms
    32:32 Embracing AI in Accounting
    33:19 The Value of Continuing Education
    34:27 Subscription-Based Billing in Law Firms
    35:02 Challenges of Time Tracking
    35:55 The Role of Rainmakers and Managers
    37:36 Managing Law Firm Growth
    38:35 Best Practices for Law Firm Operations
    39:59 Navigating Partner Dynamics
    41:16 The Importance of Financial Transparency
    49:17 Leveraging Interns and AI
    52:46 Remote Work and Firm Culture

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    John Scott, Partner at Anders CPAs + Advisors, has over thirty years of experience in financial consulting, specializing in law firms. He expertly manages profits through effective cash flow and KPI strategies and reduces taxes with his deep knowledge of tax codes. Leading the Virtual CFO services’ legal division, John provides strategic guidance to mid- sized law firms. His advice covers staff utilization, cash flow planning, hiring, career development, trust accounting, and partner distributions. John uses an advanced tech stack for data-driven decision-making and is writing a book on success strategies for law firms.

    Kip Bilderback, with nearly 30 years in the legal field, is an experienced lawyer and business owner proficient in various aspects of law and management, including operations and strategic planning. Starting as a law clerk at Millsap & Singer, he evolved the firm from ten employees to 122, transitioning from analog to a fully integrated network. His leadership steered the firm through the mortgage and COVID crises. Beyond managing his firm, Kip has significantly impacted the legal community, holding roles from committee member to president at the USFN, driving industry standards and leading key financial and governance initiatives.

    Judicial Dollars and Cents: A Virtual CFO’s Playbook to Help Law Firms Create a Financial Roadmap to Success by John Scott

    Modernize Your Law Firm: Transform Your Law Firm for the Future by Lynda Artesani

    Be sure to subscribe for more episodes!
    Find us on YouTube as well!

    If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

    If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

    If you want to follow along with Steve’s airstream adventures, as well as Accountants Law Pod updates, be sure to follow us on instagram at Accountants Law Pod.

    Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

    Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

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    1 hr
  • End-Of-Year Client Ledger Clean-Up
    Nov 28 2024

    Tackle year-end like a pro and set yourself up for New Year success!

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    03:32 Year-End Cleanup of Client Ledgers

    03:53 Checklist for Legal Industry Accounting

    08:02 Handling Unclaimed Property

    11:22 Preparing for 1099 Season

    13:09 Final Tips for Year-End Accounting

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    Be sure to subscribe for more episodes!
    Find us on YouTube as well!

    If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

    If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

    If you want to follow along with Steve’s airstream adventures, as well as Accountants Law Pod updates, be sure to follow us on instagram at Accountants Law Pod.

    Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

    Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

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    27 mins
  • Understanding Attorney Compensation
    Nov 21 2024

    In this episode, we take a look at the complexities of attorney compensation, breaking down the various ways legal professionals are paid for their work.

    Whether you're a client seeking clarity or a legal professional aiming to optimize your billing strategies, this episode offers essential insights into understanding attorney compensation.

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    04:52 Main Topic Introduction: Understanding Attorney Compensation

    05:43 Traditional Compensation Models and Their Challenges

    07:18 Modern Approaches to Attorney Compensation

    09:48 The Importance of Transparency and Fairness

    13:54 Balancing Benefits and Employee Satisfaction

    16:24 Understanding Employee Benefits and Firm Operations

    17:51 Challenges of Talent Acquisition and Retention

    19:30 Compensation Models and Metrics

    21:12 Traditional vs. Modern Law Firm Structures

    22:12 Case Study: Effective Compensation Strategies

    29:08 The Importance of Perception in the Workplace

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    Be sure to subscribe for more episodes!
    Find us on YouTube as well!

    If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

    If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

    If you want to follow along with Steve’s airstream adventures, as well as Accountants Law Pod updates, be sure to follow us on instagram at Accountants Law Pod.

    Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

    Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

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    34 mins