Practice Management and Legal Industry Consulting
The day-to-day challenges of managing a law firm can sometimes feel overwhelming for busy small business owners. Making sure your practice is in compliance with government regulations while trying to manage cash flow and accounting tasks can consume the energy that you'd rather be putting towards patient care. Byrd & Associates can help. We offer law firm consulting and practice management for lawyers across the country.
We begin by conducting a comprehensive review of your practice to identify where operational improvements can be made. Then we show you how to implement changes that will simplify accounting procedures. We carefully organize your record-keeping system, improve internal controls, and eliminate unnecessary expenses. The result is that your operations will become more efficient, paving the way for new business growth. Byrd & Associates is also equipped to assist you with practice transition services such as mergers, acquisitions, and succession planning.
Call us at 407-478-8272 today to discuss the specific needs and concerns of your law firm with a trusted, experienced law firm CPA firm. We offer a free initial consultation.
Our practice management services include:
- Tax planning
- Choosing the right type of entity for your law firm
- Strategic growth planning
- Practice start-up consultation
- Overhead analysis
- Capital acquisitions
- Lease vs. buy analysis
- Business continuation planning
- Operational review and implementing improvements
- Financing assistance
- Business plans
- Equipment acquisition planning
Our legal practice transition services including:
- Mergers
- Acquisitions
- Partnerships
- Buy/sell agreements
- Real estate sale or purchase
- Financing
- Adequacy of life insurance
- Liquidation or reorganization of a practice
- Litigation support
- Succession planning