LNM Financial Services
Fractional CFO for Law Firms
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Job Description
Most law firm owners went to law school, not business school. They're great attorneys — and a lot of them are running a $2M firm off a bank balance and a gut feeling. That's where we come in.
Firmly Profits is a fractional CFO and bookkeeping firm built exclusively for law firms. We work with firms from $250K to $8M+ in revenue across personal injury, family law, immigration, bankruptcy and hourly billing. Our whole philosophy fits in one line: it's not about spending less. It's about spending correctly.
We're looking for a Fractional CFO to take on a book of law firm clients and become the person they call before they make a BIG decision.
What you'll actually do
- Meet with your clients monthly or biweekly and walk them through their numbers in plain English
- Build budgets starting with the owner's personal income goal and working backward
- Benchmark firms against our 3 buckets framework and show them exactly where their money is going
- Build cash reserve plans, debt payback plans and break-even numbers that owners actually use
- Keep CFO reports, KPI dashboards and Firm Health Snapshots current for every client
- Work alongside our bookkeeping team, plus each firm's CPA and coaches
What you won't do
- Bookkeeping (we have a great team for that)
- Tax prep or tax advice
- Lecture anyone about their spending — we coach with data, not judgment
You're a fit if you have
- 5+ years as a CFO, controller or fractional CFO
- Hands-on QuickBooks Online experience
- Experience juggling multiple clients at once
- The ability to explain cash flow to an attorney without their eyes glazing over
- Bonus points for law firm experience (especially personal injury), trust/IOLTA accounting or tools like Clio, CasePeer and Gusto
The details
- Schedule: Full-time, 40 hours/week
- Location: Remote, US-based (Florida preferred)
- Type: W-2
- Pay: $91,300–$111,000/year, based on experience
- Reports to: Leah Miller, MBA, founder of Firmly Profits and a former PI firm CFO
How to apply
Send your resume and short answers to the 4 questions below to [email protected] with the subject line "Fractional CFO – [Your Name]". Applications without the answers won't be reviewed.
1. How many clients have you managed at once as a CFO or controller, and what size were they?
2. A PI firm owner says, "We had a record settlement month but I still can't make payroll." What are the first 3 things you look at?
3. Have you worked with law firms or trust/IOLTA accounts? Tell us briefly what you did.
4. What's your experience level with QuickBooks Online (1–10), and what other accounting or practice management tools have you used?
Pay: $91,300.00 - $111,000.00 per year
Benefits
* Paid time off
Work Location: Remote
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