by Taurus Capital | May 18, 2020 | Law Firm Finance
18 May 2020: Although a number of South African law firms have shifted to online consulting solutions, many are under financial strain due to the current delays and limitations at the courts, deeds office, Road Accident Fund and other legal bodies. Only urgent matters...
by Taurus Capital | Mar 16, 2020 | Law Firm Finance
Many of us were raised on the maxim that “no debt is good debt.” However, you may be surprised to find out that, if used wisely, debt can be wealth generative rather than destructive. In fact, many of the world’s top performing companies use debt funding as a...
by Taurus Capital | Mar 16, 2020 | Law Firm Finance
Every law firm’s managing partner knows that the key to success is having sufficient capital to fund the daily activities of his/her firm and to fuel future growth. The are only two forms of capital – debt and equity. Very simply, debt is a loan to a firm which...
by Taurus Capital | Mar 16, 2020 | Law Firm Finance
Any business requires a steady flow of cash in order to continue functioning successfully. This applies equally to companies both large and small, cutting across all industries including law firms. While this basic principle may seem self-evident, it was one of the...
by Taurus Capital | Mar 16, 2020 | Law Firm Finance
Budgeting is one of the primary tools available to help manage your money – whether in your personal life or your law firm. The dreaded “B” word is feared by many as it is often associated with restrictions, headache and a sense of foreboding. However, a good...
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