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Going From Amateur to Professional

Latest Posts

Law Firm Hunters or Farmers?

Law Firm Hunters or Farmers?

Are you a hunter of a farmer? "Keith  - I'm a lawyer, what are you even talking about?" In David Maister's classic book, Managing the Professional Firm, he makes an observation that most professional firms fall into two categories: Farmers and Hunters. Farmers:...

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Accounting 101: What is Depreciation?

Accounting 101: What is Depreciation?

In my mind, depreciation has two meanings – the common sense definition most people know intuitively, and the financial accounting definition which dictates how costs of fixed assets are spread out over many years. Note – if you are CPA, feel free to call me out on...

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