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We found 2,019 results for "Accounting and Financial Planning for Law Firms"...

Franchise Companies vs. Hackers: Twenty Questions on Cybercrime
February 24, 2009
The 21st century is clearly the age of cybercrime, and franchise companies should be especially concerned because, simplistically, there are only two types of computer systems: those that have been hacked, and those that will be hacked.
Compliance Now More Than Ever
February 23, 2009
In a profit- and loss-driven world, there is always a risk that companies facing an uncertain economic future may choose to cut compliance expenses," SEC Chairman Christopher Cox noted last November at the SEC's Compliance Officer Outreach National Seminar. Then he issued a stern warning: "When a company cuts compliance, violations will occur. And if violations occur, punitive actions should and will be taken."
How to Safeguard Employee Data
February 19, 2009
Employers should be aware of the rapid growth of data privacy and security laws, which may affect their methods of conducting business and handling personal employee information. The new laws carry with them a private right of action in some cases, civil penalties as much as $500,000 and in some states, administrative investigations.
Movers & Shakers
January 30, 2009
Who's doing what; who's going where.
Separation and General Releases
January 30, 2009
This article highlights key issues to consider when preparing employee separation agreements.
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.

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  • Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
    “Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
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  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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  • Bankruptcy Sales: Finding a Diamond In the Rough
    There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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