Law Firm Black
My law firm is fairly new, so it took a while for my partners and I to get in the black. We had to finance the building and hire the help, so it took a few high profile clients to get us into the black. Now we have to be more careful about our financial reporting, especially when it comes to be tax time. I think now that we’ve touched the black, there will be no looking back. Staying in profit is easy to do when you are taking 30% of people’s settlements.