Law Firms and Finance

Author: TLTurner Group Inc.

To run a successful and "profitable" law firm, you have to understand the financial aspects of your business, so we created a resource to help you. Whether you work with another firm or us, we want you to know these critical topics that impact your firm's profitability and enjoy the content.
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Language: en-us

Genres: Business

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One Financial Habit That Can Save Your Firm
Friday, 24 October, 2025

Does your law firm have enough cash to thrive through uncertainty?Many firms miss growth opportunities simply because they lack a financial cushion. In this episode, Terrell A. Turner, CPA, breaks down how to build a strong cash reserve so your firm can make smarter, more confident decisions.You’ll learn how to:- Build a 3–6 month cash reserve without disrupting operations- Develop daily and monthly cash management habits that support stability- Use your cash buffer to seize opportunities instead of reacting to crises- Gradually strengthen your firm’s financial flexibility and resilience👉 Start building your firm’s safety net today with a proven cash reserve strategy that keeps your business steady in any season.---Timestamps00:00 Introduction: The Tough Conversations00:12 Missed Opportunities Due to Financial Instability02:03 The Importance of Cash Reserves03:28 Building a Cash Reserve Strategy05:51 Gradual Growth and Financial Cushion08:37 Strategic Investments and Financial Flexibility09:15 Investment Tips for Excess Cash10:19 Final Thoughts and Next Steps---Resources & Links- Book a Discovery Call → https://calendly.com/tlturnergroup/bookkeeping---About TLTurner GroupAt TLTurner Group, we help law firms simplify finances, grow profitably, and make confident business decisions. Led by Terrell A. Turner, CPA, a nationally recognized finance expert, our team empowers law firm owners to gain control, clarity, and confidence in their numbers.---#LawFirmFinance #CashManagement #LawFirmSuccess #FinanceForLawyers