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We found 2,033 results for "Accounting and Financial Planning for Law Firms"...

Special Committees and Protecting Privilege
February 26, 2008
How can a board discharge its fiduciary duties without waiving otherwise applicable privileges to the investigation and opening the door to discovery of investigation related materials by the government or by third party litigation adversaries? An analysis of recent rulings.
The Best of MLF 2007
January 30, 2008
In last month's issue, we highlighted articles from the first half of 2007. Editor-in-Chief Elizabeth Anne "Betiayn" Tursi presents in this issue excerpts from one article from each of the August to December issues.
Working Capital Issues for the Law Firm
January 30, 2008
Last month's installment addressed working capital issues including client costs advanced and the capital drain of a growing business. The conclusion of this series discusses retirement and risk tolerance.
Hang Together, or Be Hung Separately: The Collective Compensation Dynamic
January 30, 2008
This article discusses the integrated approach that is necessary between law firm fees, collection, and lawyer compensation.
Want to Assure Your Firm's Future? Plan for Disaster
January 30, 2008
The U.S. Department of Labor says most companies that experience a major disaster are out of business within five years, because only 25% of companies have a disaster plan. This article provides guidance as to how your law firm can plan for disaster.
Strategies for Coping with Recession
January 30, 2008
This article describes several strategies that a managing partner should consider when developing a plan to survive a recession.
Zebra Selects CT TyMetrix 360 for Billing
January 28, 2008
Zebra Technologies Corporation's legal department has five attorneys, a director of patents and technology, a director of international trade compliance and three administrative assistants. In addition to the matters handled exclusively in-house, Zebra has more than 1,350 matters open at this time. We work with approximately 25 law firms that generate approximately 200 invoices per month. To assist in the management of these documents, we selected CT TyMetrix T360' to help us organize, manage and pay invoices.
Working Capital Issues for the Law Firm
December 27, 2007
This article explores issues pertaining to cash flow and cash needs of law firms.
Managing Advanced Client Costs and Complying with IRS Rules
December 27, 2007
If your firm is not treating advanced client costs as loans or assets, then you should form a plan to come into compliance with IRS guidelines.
Reporting on the State of the Firm
December 27, 2007
This article discusses preparation of a 'State of the Firm' report, which provides owners with an appraisal of the firm's prior years and planning for the coming period.

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  • Understanding the Potential Pitfalls Arising From Participation in Standards Bodies
    Chances are that if your company is involved in research and development of new technology there is a standards setting organization exploring the potential standardization of such technology. While there are clear benefits to participation in standards organizations — keeping abreast of industry developments, targeting product development toward standard compliant products, steering research and intellectual property protection into potential areas of future standardization — such participation does not come without certain risks. Whether you are in-house counsel or outside counsel, you may be called upon to advise participants in standard-setting bodies about intellectual property issues or to participate yourself. You may also be asked to review patent policy of the standard-setting body that sets forth the disclosure and notification requirements with respect to patents for that organization. Here are some potential patent pitfalls that can catch the unwary off-guard.
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