Practice Management and Legal Industry Consulting

law firm practice management consultingThe 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. Rikard & Neal CPAs, PLLC can help. We offer law firm consulting and practice management for lawyers in the Memphis, TN area.

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. Rikard & Neal CPAs, PLLC is also equipped to assist you with practice transition services such as mergers, acquisitions and succession planning.

Call us at 901-685-9411 today to discuss the specific needs and concerns of your law firm with a trusted, experienced CPA. 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