Profitability RULES: Update on their Origin

Last month's sidebar article on "profitability levers" invited ' well, predicted ' corrections to my hearsay report on the origin of the RULES acronym for profitability factors: realization, utilization, leverage, expense control, and speed of billing and collection. <br/>Joseph A. Bailey of PwC, a textbook coauthor cited in that sidebar and also the coauthor of this month's feature article on globalizing law firm operations, concurs with my source's belief that Bob Arndt was one of the RULES originators.

2 minute read September 02, 2004 at 02:21 PM
By
Law.com Staff
Profitability RULES: Update on their Origin

Last month's sidebar article on “profitability levers” invited ' well, predicted ' corrections to my hearsay report on the origin of the RULES acronym for profitability factors: realization, utilization, leverage, expense control, and speed of billing and collection.

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