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:
Why Professional Service Clients Choose Us
“Have been impressed with the entire operation…whether calling or in person.”
– Tom Illies Insurance Agency
“Greg Epsom is easy to work with and always responds in a helpful manner in a short amount of time and he is very professional and accessible.”
– Ohly Law Office
“Jason Miller and Meha Patel always do a great job!”
– Learning Masters
“Very satisfied with the professionalism and timeliness of the services provided to me.”
– Loucks & Associates
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PROFESSIONAL SERVICE FIRM INDUSTRY RESOURCES
The Employee Retention Credit (ERC), introduced with the CARES Act, is a way for professional service firms to recoup wages paid to employees. Does your firm qualify?
The professional services industry is feeling the impact of the COVID-19 crisis in a variety of ways. Firms are adjusting to remote working and new client engagement models, all while navigating demands in the face of growing uncertainty.
According to IBISWorld, most professional service firms’ revenue has been adjusted to decline in 2021 due to a falling demand and tighter budgets. The professional services industry is facing how best to reconfigure, rethink and redirect its energies in the future.
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