Law Firms

RMG has long served small and mid-sized regional law firms in connection with virtually all of their accounting needs, from developing cash management strategies to audit and review services. Our specialists have a thorough knowledge of the industry, as well as the challenges and difficulties of optimizing financial performance for law firms.

Among other things, our services include:

  • Financial statement analysis and preparation using both cash basis and accrual basis reporting
  • Complex optimization analyses of case and matter management
  • Customized strategies for both partnerships and professional corporations
  • Expert profitability analyses, including reviews of chargeable hours, billing rates, realizations, compensation, and direct and indirect expenses
  • Handling all tax concerns, including payroll, sales & use taxes, property taxes, and business taxes
  • Developing complex cash flow models, examining realization, collection, etc.
  • Budgetary analyses, cash-flow projections, and long-range planning
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