Fractional CFO & Bookkeeping for Law Firms in Austin, TX
Fractional CFO & Bookkeeping for Law Firms in Austin, TX
16 quick questions. Instant scorecard. Find out which profit leaks are costing your firm the most, and which ones to fix first.
Get scored across 5 areas that determine how much revenue your firm keeps.
Your scorecard breaks down five areas where law firms most commonly lose revenue.
Whether billable work is making it from your attorneys' desks to your invoices. Delayed time entry and inconsistent billing cycles are two of the most common and most fixable sources of lost revenue.
The gap between what you bill and what you actually collect. Without tracking your realization rate and documenting write-offs, it is difficult to know how much revenue disappears between invoice and payment.
How quickly billed work converts to cash in the bank. This category also looks at whether you are monitoring work in progress against retainer balances to avoid surprises when retainers run dry.
Whether your firm's expenses are managed intentionally or growing unchecked. Knowing your overhead cost per attorney is one of the clearest signals of financial discipline in a growing firm.
Whether you know which practice areas and matter types are actually profitable, and whether you track productivity metrics like utilization rate, revenue per attorney, and effective hourly rate beyond your financial statements.
1
Multiple-choice questions on billing, collections, overhead, profitability, and more. No reports or logins needed; answer from what you already know.
2
See your score across five categories with a clear breakdown of where revenue is leaking and where your firm is performing well.
3
Your results highlight your biggest profit leak with a clear explanation of why it matters and what to do about it.
This scorecard is designed for small law firms with 1 to 15 attorneys operating on a billable-hour model. If any of these sound familiar, it is worth four minutes of your time.
A.
Yes, we track it and it is above 90%.
B.
We have a rough sense; it is probably in the 80 to 90% range.
C.
We know we write off time, but we do not track the percentage.
D.
We have never calculated it.
Most firm owners pick C or D. That gap between billing and collecting is one of the five profit leaks this scorecard helps you measure.
Free. No obligation. A clear picture of where revenue is slipping and which fix will have the biggest impact.
Or, if you already know you want to talk:
