For ten years, Austin based B2 Consulting and Management has effectively served the needs of law firm clients from accounting to practice management.
When you visit the firm’s website, you’ll notice straightforward and pointed questions such as:
- “Are we confident in who’s minding our numbers?”
- “How should we design our law firm’s compensation plan?”
- “What is the best way to grow our top of line business?”
…questions you don’t usually hear from a practice management company. Because B2 Consulting and Management offers so much more than just accounting and billing support. They are a true administrative and technology partner, with an intimate understanding of the daily challenges law firms face.
With an impressive track record and awards to show for it, B2’s competitive advantage lies in the combination of all functional back office areas – payroll, IT, accounting, and billing support. Very rarely do you encounter a consultancy practice that can deliver expertise coupled with technical know-how, which provides B2 clients a complete financial picture of the health of the business.
Backed by a statistic that over 70% of law firms have a need for outsourcing in at least one area of their business, B2 has seen consistent growth by offering quality support for all back-office tasks to include accounting, payroll, human resources, and now… a growing demand for software technology support.
Cloud-based Services Drive B2 Consulting and Management’s Expansion
As more law firms move to the cloud, B2 – led by CPA, Brenda Barnes- is expanding their legal technology division to include a team of Centerbase Certified Consultants. This completely customizable practice management platform with integrated accounting is their product of choice for law firms between five and one-hundred employees.
A variance in numbers can result in catastrophic cash flow issues. Many errors can be caused by a reporting error or lack of integration between the accounting software and the timekeeping system. Even if the organization has an in-house controller or CFO, their role is to serve the business’s day-to-day needs not to double as a technology support person.
Instead, members of the B2 team with over thirty-five years of experience working with nearly every law firm billing solution can identify potential reconciliation or reporting issues. With a full assessment, they can then offer consultative advice on upgrades, migrations and outsourcing options to keep the firm focused on serving clients.
As Brenda explains, “Centerbase specifically equips a law firm with the ability to track profitability. When law firm managers have information at their fingertips, the game changes – knowledge is power which translates into the competitive edge their law firm will have over other less advanced firms.”
Plug in and Practice
The fusion of business guidance, outsourced back-office tasks and implementation of a system like Centerbase, gives B2’s clientele the ability to do exactly what their website promises. “Plug in and Practice”.
For managing partners, they can experience the feeling of confidence in their reports and accurate measurements of their profitability. Administrators sigh with relief as tedious and problematic accounting, billing and payroll duties are lifted off their plate, allowing them to focus on delivering exceptional levels of support to both clients and their team.
Over time, the law firm and B2 feel more like one unified law firm. With employees that may be part of the consultancy but operate and take responsibility for the daily duties of the firm.
The pace of legal service delivery has changed and is more competitive than ever. For law firms over five employees, the pressures of keeping up with administrative tasks can become burdensome.
B2 Management and Consulting’s marriage of outsourced services with the practical understanding of both a law firm’s financial and technology needs, make them a partner the business can grow with and achieve successful results.
For more information on B2 Consulting and Management’s services, visit them at http://b2-mgmt.com/legal/.