EP 271 - Ken Wahlster - The CFO Advantage: Enhancing Law Firm Finances

Ken Wahlster, the CEO of STAK 8, specializes in forensic CFO services for law firms. He shares vital insights on the importance of precise financial management as law practices grow. Ken discusses the four categories of CFO duties and emphasizes the critical role of a strategic annual budget. He differentiates between accounting and finance, highlighting the risks of a narrow focus. Additionally, he navigates financial complexities in personal injury cases and stresses the necessity of professional financial support for law firm owners.