Law Firms

Successful law firms need accounting, tax and business advisors who provide far more than just timely and accurate numbers. Friedman LLP delivers the insight, guidance and resources you need to help you navigate challenges and pursue opportunities for growth.

At Friedman, we reach beyond core accounting, audit and tax services to address daily practice issues and long-term strategic challenges that impact your firm’s viability and longevity, including:

• Compensation
• Partner equity
• Succession planning
• Retirement
• Capitalization
• Growth
• Mergers, acquisitions and combinations
• Financial issues arising from contingency billing and other specialized case structures

With decades of experience serving law firms of all sizes, Friedman’s accountants and advisors will help you become more resilient in the face of change, and better positioned to prosper.

As service providers, we understand what distinguishes exceptional client service in a crowded marketplace. Our tax, accounting and consulting services are designed around the same hallmarks that distinguish your firm’s services:

• Active partner and senior-level involvement
• Attentiveness
• Responsiveness
• Proactive communication
• Collaboration
• Creative and results-oriented thinking
• Timely resolution to issues

Build a compelling case for the financial strength of your practice - connect with a member of the Law Firm Services team, or contact us.

Friedman provides comprehensive consulting, audit and tax services to leading law firms. Services include:

• Business Consulting
  • Transaction advisory services, including due diligence and other M&A assistance
  • Partnership agreements
  • Partner buyouts
  • Partner/employee compensation and benefits planning services
  • Business valuations
  • Retirement and succession planning
  • Litigation support and dispute resolution
  • IT implementation and ongoing support
  • Recruitment for financial positions
• Accounting and Assurance
  
  • Accounting and reporting systems design
  • Work-in-process billing and advice on gaps and problems in receivables collection
  • Financial reporting and controls
  • Profitability analysis
  • Operating expenses and budget reviews
• Tax Planning and Compliance
  
  • Business and individual tax planning
  • State and local tax compliance
  • International tax planning and reporting
  • Tax controversy consulting