Does your law firm have enough cash to thrive through uncertainty?
Many firms miss growth opportunities simply because they lack a financial cushion. In this episode, Terrell A. Turner, CPA, breaks down how to build a strong cash reserve so your firm can make smarter, more confident decisions.
You’ll learn how to:
- Build a 3–6 month cash reserve without disrupting operations
- Develop daily and monthly cash management habits that support stability
- Use your cash buffer to seize opportunities instead of reacting to crises
- Gradually strengthen your firm’s financial flexibility and resilience
👉 Start building your firm’s safety net today with a proven cash reserve strategy that keeps your business steady in any season.
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Timestamps
00:00 Introduction: The Tough Conversations
00:12 Missed Opportunities Due to Financial Instability
02:03 The Importance of Cash Reserves
03:28 Building a Cash Reserve Strategy
05:51 Gradual Growth and Financial Cushion
08:37 Strategic Investments and Financial Flexibility
09:15 Investment Tips for Excess Cash
10:19 Final Thoughts and Next Steps
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Resources & Links
- Book a Discovery Call → https://calendly.com/tlturnergroup/bookkeeping
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About TLTurner Group
At TLTurner Group, we help law firms simplify finances, grow profitably, and make confident business decisions. Led by Terrell A. Turner, CPA, a nationally recognized finance expert, our team empowers law firm owners to gain control, clarity, and confidence in their numbers.
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#LawFirmFinance #CashManagement #LawFirmSuccess #FinanceForLawyers
