What Does a CFO Really Do for Your Law Firm?
Episode Summary:
In this episode of The Legal CFO, host Kevin Rosenquist and Ryan Kimler, founder of NetProfit CFO, discuss the crucial role of a CFO in law firms. Ryan explains the differences between bookkeepers, accountants, and CFOs, while sharing insights on when law firms should consider hiring financial professionals and how they can improve profitability.
Key Timestamps:
00:01 - Show Introduction
01:02 - Differences between bookkeepers, accountants, and CFOs
03:34 - When law firms need financial professionals
05:59 - Common law firm financial challenges
09:14 - Strategic approach to…
The skinny
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