Law Firms
Instead of using your time to try to manage all of the departments within your business, lean on our expertise to help fill in the gaps.
Accounting for Minnesota Law Firms.
Smith Schafer has provided consulting to firm partners in a variety of law firm sizes around the region for more than 45 years. Some clients have less than 10 professionals, while others have several offices around the country with hundreds of attorneys and staff. The common denominator with all our law firm clients is the goal of maximizing returns to the firm and supporting the financial needs of the firm’s partners.
Our Industry Expert Group, comprised of numerous professionals, is committed to serving over 350 Minnesota Professional Service Firms.
Specialized Law CPA Services:
- Accounting Software Consulting
- 401(k) and 403(b) Plan Audits
- Bookkeeping & Payroll
- Business Valuation
- Projections & Financial Analysis
- Technology Consulting
Why Professional Service Clients Choose Us
LET’S START THE CONVERSATION.
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PROFESSIONAL SERVICE FIRM INDUSTRY RESOURCES
Retirement Plan Options for Professional Service Firms
The pandemic had a significant impact on Minnesota businesses. The combination of forced business closures, new employee safety standards along with supply chain disruptions and sharp increase in materials costs made it very difficult.
Benchmarking Your Professional Service Firm
Like many others, the professional services industry is walking a tightrope to manage cash flow and maintain their workforce. Benchmarking can be a crucial tool right now during the pandemic and as 2020 comes to a close.
Valuing your Professional Service Firm
There are several applications in which the valuation of your business can deliver insight for guiding critical strategic decisions. For example, below are some common scenarios in which a valuation of your professional service firm may be helpful:
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