Guest Peggy Gruenke is an expert in the accounting management tools tailored to small law firms. Gruenke is the founder and co-owner of CPN Legal, helping small and solo firm lawyers manage and grow their business through legal software solutions and outsourced financial management and bookkeeping services.

Let’s talk about your firm’s finances and profitability: how are you keeping track of your business? Hear what’s new in automated accounting packages – but don’t give up on Quickbooks, and don’t cut ties with your bookkeeper.

Online accounting services are great. But they are not meant to replace a professional, especially as your firm grows. You’re not a bookkeeper, you’re a lawyer. But these tools do help with the basics of money management. The challenge is mixing and matching. 

Operational efficiencies and financial planning are part of running a successful firm. Don’t shortchange the importance of bookkeeping and managing your income, marketing ROI, expenses, and taxes. It’s vital you keep your finger on the pulse of your business, and there are tools and people who can help you. As Gruenke says, “Treat your business with respect.” 

Questions or ideas about solo and small practices? Drop us a line at [email protected]  

Topics:

Mentioned in This Episode:

Clio Cloud Conference 2025

Mycase

Clio Accounting

Clio Draft

Lawcus

Quickbooks

Previously on New Solo, “New From Clio: Legal Practice Management Including Legal Accounting”

Previously on New Solo, “Money Management 101 for Solo and Small Firm Professionals”

Previously on New Solo, “Oh, The Messes We See”

Clio Legal Trends Report

Chase Business credit cards

Capital One Business credit cards

ABA Techshow