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We found 2,077 results for "Accounting and Financial Planning for Law Firms"...

Working Capital Issues for the Law Firm
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
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
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
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
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.
January issue in PDF format
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Working Capital Issues for the Law Firm
This article explores issues pertaining to cash flow and cash needs of law firms.
Managing Advanced Client Costs and Complying with IRS Rules
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
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.
Addressing Tax Issues Throughout the Year: There Is No Better Time to Start Than Now
Even though 2007 has come and gone, it is not too late ' it is never too late ' to think about tax planning and tax issues affecting your law firm. What still can be addressed now in 2008 that can impact your tax return for 2007? What tax issues can be addressed that can impact 2008? This article provides a list of items to review internally with your financial team and externally with your tax adviser.

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