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How to Offer Virtual CFO Services to Law Firms with John Scott

Written by Summit Marketing Team | Jun 23, 2023 10:00:00 AM

The Modern CPA Success Show: Episode 91

 

John C. Scott, Partner + Tax for Anders CPAs + Advisors, has been with Anders since 1992, and now he’s trying on a new hat: Summit Virtual CFO Service by Anders. With his extensive experience working closely with the law industry, he joins Tom Wadelton and Jody Grunden in today’s episode to talk about his experience with Virtual CFO services, and how he helps lawyers to better manage their finances. John shares his expertise on accounting services for lawyers and how CPA firms can best serve them. He also discusses the challenges of operating within the legal industry and provides tips on how to work with lawyers and law firms effectively.

 

 

 

Episode Notes

“Typically, lawyers are focused on what is right in front of them. They think if they do good work that's right in front of them, then good things will happen. And, sometimes they do, but you can enhance that if you focus on what the value drivers are for the business.” -John C. Scott

The finer details of this episode:

  • The role of a CFO in growing law firms
  •  Cash flow management and forecasting for law firms
  •  Benefits of flat-fee billing vs. hourly billing

Episode resources:

 

 

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