Consider P-Cards to Directly Enhance the Bottom Line
January 30, 2009
In efforts to increase transparency, manage demand, and streamline back-office operations, law firms are looking at automation opportunities within the procure-to-pay cycle. A well-defined Purchasing Card ("P-Card") program is one tool available to law firms which requires little or no upfront investment, yet yields many of the controls, efficiencies, and transparencies that law firms and their clients seek.
Excess Lease Liability and Insolvency
January 30, 2009
Based on SFAS 5 and in the author's opinion, a law firm's excess lease liability is not an event or item that should be included as a liability for purposes of determining insolvency or for financial statements issued in compliance with generally accepted accounting principles.
The e-Discovery Balancing Act
January 29, 2009
Progressive corporations are starting to treat e-discovery as any other standard corporate business process: repeatable, defensible and measurable. This new dynamic raises an obvious question: What portions of the e-discovery process are best suited to be "in-sourced," and how do IT professionals within an enterprise work with their partners to ensure effective collaboration/communication?
Fraud, Fraud Everywhere (Nor Any Relief For the Victim)
January 28, 2009
From Wall Street executives, to Ponzi scammers like Bernard Madoff, to run-of-the-mill scammers easily exposed at sites such as Snopes.com, the Internet ' as we all should know ' has truly souped up, and made easier, frauders' ability to prey on others than ever before.
What the Obama Campaign Can Teach Us About Marketing
January 15, 2009
If, as a marketer, you've ever been involved in a political campaign, then you know that a political campaign is simply another form of marketing. An analysis of the first Clinton campaign for the presidency, with James Carville's core message of '<I>It's the economy, stupid</I>,' made that point very clearly. It was a classic case of <I>positioning</I>. But even that battle was merely a prelude to the campaign that elected Barack Obama ' which was, as well, an inspiring use of positioning.
What Your Firm Can Learn from Toyota
December 23, 2008
Any adjustments we can make to our management style using LEAN processing techniques can significantly beef up a firm's bottom line.