A Fractional CFO Who Plans Your Cash Flow Around Settlement Timing

CFO services for $2M+ contingency and plaintiff firms with revenue and margin targets ahead of them

Forecasts that model when settlements land, not a steady monthly average

A CFO who joins your leadership meetings and plans 24 to 60 months ahead

One flat fee scoped to your firm, no hourly billing

130+

Law Firms Led

38

Finance Professionals

2x

Inc. 5000 Honoree

Since 2009

Law Firm Finance

Your Costs Don't Wait for a Case to Settle

Payroll went out Friday. Marketing and case costs went out with it, as they do every week, and the settlement that was supposed to cover all three moved to next quarter.

The bookkeeper can't answer whether the firm can fund the next six months from here. The report covers last month, and nothing in it says what happens if the next two cases slip as well.

Another quarter run on instinct means another quarter of decisions made without the numbers underneath them, and each one costs more to unwind than the last. That's how a $10 million firm ends up with only $150,000 that goes home.

That can change starting today.

A CFO Who Helps You Decide What Happens Next

A lot of providers call themselves a CFO and still work like a bookkeeper. They close the books, send a report, and wait for next month to do it again.

At Law Firm Velocity the CFO sits in your leadership meetings and pushes on revenue and margin. They plan 24 to 60 months out and advise on the structural changes it takes to get there, which is a different job from reporting on last month.

“Our current provider records the past. I need someone who helps us make decisions.”

Firm owner, upgrading from a bookkeeper

I

THE PROCESS

Three Steps Before Your CFO Gets to Work

01

Book a Discovery Call

We talk through the finance issues your firm is facing and where the gaps are.

02

Set the Scope Together

A second call sets what the CFO will own, and you leave it knowing the flat fee before anything starts.

03

Start Your Engagement

From the first month they're in your meetings, with the forecast and budget work below underway.

What’s Included

Each month, a CFO reviews financial health and process, maintains your budget and forecast, checks vendor contracts, and brings strategic analysis with recommendations.

Once a year, that expands to revenue forecasting, cost of goods analysis, employee expense projection, and operating expense modeling.

Pricing is flat and scoped to your firm's revenue and complexity, so you know what to expect before anything starts.

The Two Other Options On The Table

Waiting another quarter looks free and isn't. Every decision made in that quarter, from the next hire to the next marketing spend, gets made without the numbers underneath it, and unwinding a bad one takes longer than making it did.

An in-house CFO gives you one person's view of the firm, shaped by the handful of firms they've worked at. A Law Firm Velocity CFO comes with 38 finance professionals behind the work and pattern recognition from more than 130 law firms, at a flat fee scoped to your firm.

38

Finance professionals behind your CFO

130+

Law firms' worth of pattern recognition

WHAT FIRM OWNERS SAY BEFORE THEY SIGN

"I do not want to babysit a finance person. I want the function handled."

Firm CEO, after a bad in-house hire

I

“We are making money, but I do not know if we are managing the firm well.”

Managing partner, on a first call

I

That's the conversation the discovery call is for.

130+

Law Firms Led

38

Finance Professionals

2x

Inc. 5000 Honoree

FAQ

Commom Questions

Who will my CFO be?

We have one of the largest groups of law firm CFOs in the market. We match the CFOs experience with each new client. The CFOs are not historic financial statement and budget variance report readers. The CFOs are setting financial targets and removing roadblocks from those targets.

What does a CFO do that a bookkeeper or controller doesn't?

A bookkeeper or controller records what already happened. A CFO joins leadership meetings, pushes on revenue and margin, and plans 24 to 60 months out, and advises on the structural changes it takes to get there.

What size firm does this fit?

Law firms doing $2 million or more, working toward specific revenue and margin targets.

What do the first 90 days look like?

During the first 90 days, we review your systems and financial operations, prepare core financial statements and cash-flow forecasts, and build scorecards and profitability forecasts for the firm and each practice group. From there, we maintain a consistent meeting cadence focused on financial performance, cash planning, growth, hiring, capacity, compensation, marketing, and intake. Between monthly CFO meetings, check-in calls help track KPIs, projects, owners, and deadlines so the leadership team stays accountable.

How is pricing set?

Pricing is a flat fee, scoped to your firm's revenue and complexity. There's no hourly billing.

Will my firm have to change accounting systems?

No. You can keep your existing accounting system and billing workflow. If your firm uses QuickBooks Online, it will remain your primary accounting ledger. We reconcile QuickBooks against the billing, payment, and trust-account activity recorded in your practice management system—such as Clio, MyCase, Filevine, PracticePanther, CASEpeer, Smokeball, Actionstep, CosmoLex, Litify, SmartAdvocate, CloudLex, Soluno, or Caret.

A Finance Function Built to Keep Pace

If your firm does $2M+ in revenue and the finance function is behind the rest of it, the next step is a short discovery call. Submit the form, and we'll walk through your cash flow, your forecasting, and where the gaps are.

SCHEDULE A DISCOVERY CALL

A Finance Function Built to Keep Pace

If your firm does $2M+ in revenue and the finance function is behind the rest of it, the next step is a short discovery call. Submit the form, and we'll walk through your cash flow, your forecasting, and where the gaps are.