Covid has changed the world significantly and the legal industry has not been spared. In fact, it seems that the various changes that first came to light during the pandemic are likely to continue impacting legal firms unless they adapt, and quickly at that. There are various changes and challenges in the industry with a [...]
It’s management's fault! This is a common phrase in the business world and no matter how hard we work as managers it is challenging to wear a multitude of hats and keep everything perfect while maintaining a cool head and being the inspirational leader that gets things done. In a Nonprofit, the role of a [...]
A lot of blood, sweat and tears goes into running a Nonprofit organization, as is evident by the frequent cases of burnout and secondary traumatic stress experienced by employees. This is because Nonprofits have to do as much, if not more than for-profits with much less money. Aside from the common issues that for-profits face, [...]
The key to any business's success sits in their financial statements. In an ever-evolving world of business, successful leaders know that the right foundation starts with strong financial management. In the scope of Nonprofits, this couldn’t be more true as Nonprofits are met with a unique set of financial challenges that need to be managed [...]
Your performance as a Lawyer should be reflected in your Law Firm. The best way to keep track of how your Firm is performing is by tracking Key Performance Indicators (KPIs). If you are not using KPIs already, why not? It’s the best way to make informed business decisions and increase profitability. Law Firm accounting [...]
Having financial experts on your board helps to avoid financial governance issues. However, this is not a mandatory requirement. This is not to say that you can rest on your laurels. Better governance comes from having a basic understanding of how to read and interpret financial statements. A clear strategic plan, sound policies and knowing [...]
There was once a time when “survival of the fittest” was the driving force within the business world. Only the fierce, the loud, and the strong dominated in their field, while the small, the soft, and the slow were left in the dust. Corporate top dogs ate the little local guys for breakfast. However, [...]
Have you considered what will happen as your Nonprofit organization grows in size and complexity while maintaining manual accounting processes? Accounting errors and a loss in staff productivity are the first concerns that are raised as a Nonprofit grows due to the increase in accounting and operational demands. To address this, Nonprofits look to modern [...]
Have you ever wondered how to increase your donor engagement using all the technology available to Nonprofits? In this blog we will unpack the idea of donor engagement, why it's important, and how to increase engagement from preexisting and new donors because without engaging your donors you won’t be able to build trust and [...]
“When you implement the ideal integrated system that supports your workflow, you will free up time to focus on what matters most – finding and placing top talent and growing your bottom line.” - Lescault and Walderman Overview Of The Benefits Of Outsourcing Payroll For Staffing Companies: Staffing companies provide an important link between [...]
