Fractional CFO Services for Law Firms
Get Financial Clarity for Your Firm
When the numbers do not tell a clear story, it becomes difficult to make confident decisions. Fractional Firm Advisors provides senior CFO leadership to help Law Firm Managing Partners understand what is really happening financially and take control of profitability, cash flow, and growth.
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Who Fractional CFO Services Are Best For
Fractional CFO services are best for law firms where collections, profitability, or cash flow are not matching expectations and firm leadership does not have a clear understanding of what the numbers are showing.
This is often the right fit when partners know something is off financially but do not have the experience or visibility needed to identify root causes and make informed decisions.
When Firm Leadership Starts Asking Hard Financial Questions
Attorney time over the past several months has not resulted in the expected level of collections or profit. Actual revenue collected is well below expectations, and firm leadership realizes they do not fully understand what is happening with the firm’s financials.
Why Law Firms Get Stuck Financially
Many law firms rely on basic reports or outside accounting support that focuses on compliance rather than insight. Common challenges include:
Limited visibility into true profitability by partner, practice, or matter
Cash flow surprises that make planning difficult
Decisions being made without reliable financial context
Ongoing debates about numbers instead of alignment around facts
Without senior financial leadership, these issues tend to continue and compound over time.
What We Do as Your Fractional CFO
Our Fractional CFOs focus on three core areas that support better decision-making and stronger firm performance.
Financial Visibility and Reporting
We help you understand what your numbers are actually telling you through clear, practical financial reporting that supports leadership discussions.
Profitability and Cash Flow Management
We analyze what is driving profit and cash flow and help you identify where changes will have the biggest impact.
Decision Support for Firm Leadership
We work directly with managing partners to support pricing, staffing, growth, and investment decisions with reliable financial insight.
What Clients Actually Get
Fractional CFO engagements typically include: We help firm leadership make better, more informed decisions.
1. Clear, easy-to-understand financial reporting
2. Ongoing analysis of profitability and cash flow
3. Budgeting and forecasting support
4. Partner-level financial guidance and recommendations
5. Support for strategic planning and firm decisions
The FFA Engagement Experience
Every Fractional Firm Advisors engagement starts with listening. We take the time to understand your firm, your priorities, and your goals.
From there, we work alongside firm leadership to provide steady, senior-level financial guidance that supports confident decision-making and long-term firm health.
How Firms Work With Us
Law firms engage Fractional Firm Advisors in different ways depending on their needs:
We help you choose the structure that best fits your situation.
✓ Ongoing Fractional CFO leadership for firms that need consistent financial oversight
✓ Interim CFO support during transitions, growth periods, or leadership gaps
✓ Project-based engagements focused on specific financial or operational needs
Who Leads the Work
Your engagement is led by seasoned professionals, not junior staff, with a deep understanding of law firm economics, partner dynamics, and firm operations.
LORI BROWN-SIMMONS
Wharton MBA | Former AmLaw COO | Principal, Fractional Firm Advisors
Led financial and operational strategy across the AmLaw landscape, including modernization initiatives that delivered 20%+ revenue growth. Known for helping leadership translate complex financial issues into clear, strategic action.
JEFF MARQUIS
CPA | CFA | Harvard Executive Education | Principal, Fractional Firm Advisors
A senior finance leader with decades of experience restructuring financial organizations for law firms and high-growth companies. Brings CFO-level rigor, predictive modeling, and forward-looking strategy to firm leadership.
Frequently Asked Questions
What does a fractional CFO do?
A fractional CFO provides senior financial leadership on a long term part-time basis, focused on insight, decision support, and firm performance.
How does an engagement work?
We work alongside firm leadership, providing ongoing or project-based support depending on your needs.
Do your professionals have experience working with law firms?
Yes. Our team has direct experience working with law firms and understands the financial and operational realities of legal practices.
Who will be assigned to work with me?
You will work directly with a senior financial leader, not a junior team member.
How much does the engagement cost?
Fees depend on the scope and structure of the engagement.
How many hours per week will we get?
This varies based on your firm’s needs and the type of engagement.
Is there a long-term commitment?
No. Engagements are structured to fit your needs and can evolve over time.
How do you protect confidentiality?
All engagements are handled confidentially, and client information is never shared.
Ready to Talk?
If you want clearer financial insight and stronger support for leadership decisions, let’s talk. Schedule a free 30 minute consultation call with Fractional Firm Advisors today!