Welcome to the Lawyerist Q&A Forum! Before you register an account and start posting, please take a moment to read our posting guidelines
. (You can dismiss this message by clicking the X in the corner.)
As a solo practitioner who has been in full time practice for just under
three months, I am starting to run into some cash flow issues (both with the
business and for my family's income). So I was wondering if anyone has any
systems to manage cash flow, or if you set a regular payment amount (per
week, two-weeks, month, etc.) and do what you can to ensure you hit that.
Perhaps more importantly, though, what happens when you can't keep up with
your income--either for your business or personally? What's the first thing
I kind of feel like I'm operating payment to payment right now, and would
like to get out of that rut and see if I can find a more regular and
comfortable pattern of income and payment...or at least keeping a balance of
either a certain dollar amount or percentage of income.
Any thoughts that anyone has would be really helpful.
Thanks. I hope you are well.