One Financial Habit That Can Save Your Firm
Fri Oct 24 2025
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
More
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. --- 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 --- Resources & Links - Book a Discovery Call → https://calendly.com/tlturnergroup/bookkeeping --- 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. --- #LawFirmFinance #CashManagement #LawFirmSuccess #FinanceForLawyers