As a Contingent Fee Attorney...
You are subject to
- Managing Unequal Cash Flow: I can create a plan to smooth out the financial peaks and troughs caused by the unpredictable nature of contingency fees, ensuring financial stability.
- Strategies for Deferring Income: I can provide strategies for income deferral, which can be beneficial for tax purposes and long-term financial planning, especially in years with high case settlements. (I don't sell insurance!)
- Transition to Partnership: As you move towards partnership, I can offer guidance on managing the financial implications, including changes in income structure and new financial responsibilities.
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