Business Class Firm - OUTDATED

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WHAT OUR CLIENTS Are Saying?

Prestige Accounting & Consulting helped me restructure and refocus my firm,

Allowing me to prioritize what truly matters. Their support has been instrumental in aligning my efforts with my long-term goals.

Terrence G Quinn, Esq.

Founder and president The TGQ Law Firm

WHAT OUR CLIENTS Are Saying?

Since partnering with Jayden, one of the most significant challenges I've overcome is building a strong team.

While I've worked with coaches in the past who provided valuable information, what sets Prestige apart is their comprehensive approach. Not only do they equip you with knowledge, but they also actively assist with implementation

Moreover, beyond just accounting, Prestige has connected me with invaluable resources that have not only enhanced my skills as an attorney but also enriched me personally. This newfound focus has transformed my practice, allowing me to prioritize my strengths and increase profitability

Kharimah Roacher Dessow, Esq.

Founder The Paraclete Law Center, LLC

WHAT OUR CLIENTS Are Saying?

In the legal field, many focus on big revenue numbers, but what matters most is profitability.

With Prestige, I've gained clarity on increasing my bottom line and maximizing profits. They've helped me transform my business into a more profitable venture.

Ellaretha Coleman, Esq.

Founder Atlanta Family Law Group, LLC

WHAT OUR CLIENTS Are Saying?

With my previous accounting firm, I often felt lost and uncertain.

Many of my questions went unanswered, leaving me lacking confidence in my decisions. The difference with Prestige Accounting & Consulting is immense. Here, I feel supported and empowered to ask questions and raise concerns without hesitation. As an attorney, finance is not my specialty,

but with Prestige, I finally feel in control. It's a reassuring feeling I haven't experienced in a long time.

Asia Scarlett-Jones, Esq.

Founder Asia Scarlett-Jones Law PLLC

WHAT OUR CLIENTS Are Saying?

Working with Jayden transcends traditional accounting services.

It's akin to having a comprehensive support system, a business coach, cheerleader, motivator, and marketing guru all rolled into one. Their holistic approach to my firm's success goes beyond mere numbers, which is priceless in today's competitive market

Latrice Latin Alexander, Esq.

Founder ATL PI Attorney

Labor

OUR FRAMEWORK Prestige C.L.I.M.B. Method

Developing leaders, fostering collaboration, and ensuring smooth transition to cultivate a thriving organization

Cashflow

I.T. & System

Establish a resilient IT infrastructure, aligning strategy, enhancing security, enabling digital transformation, and ensuring continuity

Prestige

C.L.I.M.B. Method

Marketing & Branding

Establish effective process for managing and optimizing the inflow and outflow of cash within the law firm

Elevate brand strategy and online presence with brand strategy, current marketing tactics, content creation, social media engagement, advertising, PR, and reputation management

Business Organization

Improving efficiency, clarifying roles, enhancing planning, managing change, tracking progress, fostering teamwork, prioritizing clients, managing knowledge

Success Story

Latrice Smith transformed her law firm with strategic innovations and a partnership with Prestige Accounting & Consulting.

By introducing a high-ticket pricing strategy, Latrice increased her average client value from $1,500 to $13,000, repositioning her firm to attract a more affluent clientele.

Her focused approach to defining and engaging her ideal client avatar streamlined her networking, maximizing the impact of her marketing efforts. The implementation of a new CRM system revolutionized client communication through automated email campaigns, text messaging, and phone calls, enhancing client engagement and retention.

Latrice also developed a scalable, tiered flat fee offer suite, ensuring consistent value delivery and repeatable success This transformation not only

boosted her firm’s efficiency but also its profitability, setting a new benchmark in legal services.

Latrice Smith, Esq., MPH Owner & Founder Thomas Law

FAQ’S

WHAT INSPIRED YOU TO SPECIALIZE IN SERVING LAW FIRM OWNERS?

I was inspired to specialize in serving law firm owners after recognizing a gap in the market during my coaching, research, and interactions with professionals Witnessing the reliance on inadequate tools like Excel for IOLTA account reconciliation highlighted the need for specialized accounting services tailored to their unique needs. Additionally, I was moved by the impactful work done by lawyers in their communities and understood the gravity of improper IOLTA management on their professional licenses. My commitment stems from a desire to support law firms in achieving their business goals while upholding professionalism and integrity

WHAT ARE SOME COMMON FINANCIAL CHALLENGES THAT LAW FIRM OWNERS FACE?

1. Lack of Financial Expertise: Lawyers often lack expertise in financial management but handle accounting tasks independently, leading to errors, IRS overpayments, and improper balances in accounts.

2. Inadequate Accounting Support: Start-up law firms may lack funds for professional accountants, leading them to rely on inexperienced friends or family, causing inefficiencies and financial mismanagement.

3. Complexity of Financial Operations: As law firms expand, financial operations become complex Without specialized expertise, lawyers may struggle with tax planning, budgeting, and strategic financial decisions.

4. Poor Record-Keeping: Due to a lack of dedicated accounting support, law firm owners often neglect proper record-keeping practices This can result in unfiled taxes, inaccurate financial records, and hindered strategic planning

6. Feelings of Embarrassment and Shame: Law firm owners facing financial challenges may feel embarrassed and ashamed, preventing them from seeking professional help, exacerbating their situation.

FAQ’S

WHAT SPECIFIC SERVICES DO YOU OFFER TO LAW FIRMS?

We offer the ABC package, a comprehensive suite of services tailored for law firms, including:

Accounting Essentials (A): Vital services like bookkeeping, IOLTA reconciliation, and monthly financial reviews. We integrate financial data and prepare 1099 forms

Business and Personal Taxes (B): In addition to accounting essentials, we handle business and personal tax preparation with a focus on proactive tax planning. We provide detailed tax plans and connect clients with financial partners for retirement planning

CFO Advisory (C): Providing strategic financial guidance and oversight, our CFO services ensure sound financial decision-making and optimize the firm's financial performance. We offer financial analysis, budgeting, forecasting, and assistance with financial reporting.