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December 11, 2025 33 mins

Most law firm owners grossly underestimate the impact of strategic financial planning.

They focus on bringing in more revenue, yet ignore the part of the business that actually drives lasting results: how you use and manage the money you already have. In this episode, I show you how to conduct a year-end audit so you can do more with what you have and be ready to seize every opportunity in 2026. 

You’ll learn how to:

  • Conduct a retrospective spending audit
  • Free up cash and streamline your expenses
  • Reconcile your revenue drivers 
  • Audit your vendor and contractor spend
  • Build a 2026 spending blueprint 

If you want to escape reactive mode and start making strategic decisions, this episode is for you. 

Tune in! 


Key Takeaways: 

00:00 Intro

01:03 The importance of financial planning

03:46 Conducting a retrospective spending audit

09:33 Canceling unused or redundant subscriptions 

13:42 Reconciling your revenue drivers 

23:03 Auditing your vendor and contractor spend 

28:09 Building a 2026 spending blueprint 

33:18 Outro


Additional Resources:

⚡ Register now to unlock your FREE training series: https://lawfirmmentor.net/go/ 

✨ Unlock your firm’s full potential with our Law Firm Mentor membership: https://lawfirmmentor.net/membership/ 

⭐ Connect with us on socials: 

Follow us on Facebook: https://www.facebook.com/LawFirmMentor/

Follow us on Instagram: https://www.instagram.com/law_firm_mentor/ 

Follow us on LinkedIn: https://www.linkedin.com/company/law-firm-mentor-llc/ 

Crushing Chaos With Law Firm Mentor is a podcast aimed to help lawyers and law firm owners scale their business, make more money, and escape the 60-hour week grind for a life they love. Follow us wherever you get your podcasts so you don’t miss a thing!

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