Wood Consulting Group provides fractional CFO and COO consulting services for law firms across New England. We embed directly with firm leadership to improve financial performance, billing operations, Clio optimization, and management systems — helping law practices move from reactive decision-making to controlled, data-driven growth.
Financial Clarity. Decision Discipline. Execution That Sticks. Built Specifically for Law Firms.
We embed as your Fractional CFO & COO to enhance accounting systems, optimize Clio, and install a KPI system that drives cash flow, partner confidence, and enterprise value.
Most firms uncover 2–3 immediate profit leaks in the first conversation.
See How Law Firms Transform with WCG
• Reduced DSO from X → Y
• Increased team wages
• Developed a leadership team
• Cleaned up trust accounting compliance
• Built real-time KPI dashboards
If You Can’t Answer These in 60 Seconds, You Have a Visibility Problem
- What is your true effective rate (not billed—collected)?
- How long does it take to turn time into cash?
- Are your trust accounts 100% compliant—at all times?
- Which practice areas are actually driving profit vs. just revenue?
- Can you see firm performance over time?
- Am I prepared for the emergence of AI?
Most firms can’t. That’s where we start.
We Don’t Advise Law Firms. We Embed Inside Them.
Wood Consulting Group operates as your embedded Fractional CFO & COO—aligning finance, operations, and leadership to drive measurable results.
We don’t hand you reports.
We build the system that produces them—and ensure decisions get executed.
The DECIDE™ Framework for Law Firm Performance
Direction
Clarify partner goals, compensation alignment, and firm strategy
Economics
Understand realization, utilization, cost structure, and profitability by practice
Capability
Fix gaps in finance, billing, reporting, and operational infrastructure
Decision Discipline
Install weekly leadership cadence with KPI-driven decisions
Execution
Ensure billing, collections, and operational improvements actually happen
This is how law firms move from reactive to controlled growth, and create an aligned organization that compounds results.
What We Take Off Your Plate
We run the financial engine of your firm.
Billing system design & execution
Collections strategy & follow-up cadence
Cash flow forecasting
Financial reporting & dashboards
Vendor & expense control
Payroll and partner distributions
Full trust account reconciliation
System Optimization
We work with a variety of systems as can help you optimize yours. We happen to be a Certified Clio Consultant, we turn Clio into a performance engine—not just a case management tool.
Workflow
automation
Inbound Lead
Management
Timekeeping
optimization
Billing
configuration
Collections
integration
Reporting dashboards (Clio → KPI systems)
Performance
Management
The Law Firm KPI Flywheel
We install a system where every number drives action.
When these move together, your firm compounds performance.
What Changes in 90 Days
Before
- Billing delays
- Unclear profitability
- Trust accounting risk
- Reactive decision-making
- Cash flow uncertainty
After
- Weekly financial visibility
- Clean, compliant trust accounting
- Faster billing → faster cash
- KPI-driven leadership
- Confident partner decisions
Trusted by professional service firms and law practices across New England
Get Your Law Firm Scorecard
In one session, we identify:
• Where cash is getting stuck
• Where margins are leaking
• Where systems are breaking
No preparation required. We guide the conversation.
Serious About Improving Cash Flow and Control?
Let’s have a focused conversation.
Most firms walk away with immediate clarity—even before engagement.