10/21/2026
Your law firm’s bank balance looks healthy. But how much of that money is actually yours?
It’s a good feeling to see a healthy balance in your firm’s bank account. But that number doesn’t always tell the whole story.
Between payroll, upcoming expenses, taxes, and money already committed to other obligations, the amount you actually have available might look very different.
And here’s something worth keeping in mind: having cash in the bank doesn’t necessarily mean your firm is making a profit.
One simple habit that can make a big difference?
Before making a big purchase, hiring someone new, or taking an owner distribution, take a few minutes to look at what’s coming in, what’s going out, and what’s already committed.
It sounds simple, but having that clarity can save you from some expensive surprises.
And if your firm handles client trust funds, remember that money belongs to your clients, not your business.
A little planning today can make a big difference in how confidently you run your firm tomorrow.
At Santana & Associates, we’re always happy to help you make sense of the numbers.
