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We found 2,020 results for "Accounting and Financial Planning for Law Firms"...

Building Successful Partnerships Requires Collaboration
April 01, 2021
Partnerships are relationships, ideally relationships built on trust and a common goal. Successful partnerships require all parties working together — working together to service a client fully, generate revenue and to build a business. This requires openness and coordination.
Law Firms Try to Hold On to 2020 Savings
April 01, 2021
A once-in-a-lifetime pandemic caused once-in-a-lifetime expense reductions that could forever alter the business of law. After those cost savings fueled double-digit profit growth for many firms in 2020, don't be surprised if Big Law leaders try to make some of those gains stick.
Utilizing Accountability Partners to Build Business
March 01, 2021
Attorneys can utilize accountability partners to fuel the advances one truly wants to make in their efforts to build books of business.
Scorecards and Client Book Due Diligence Can Improve Lateral Hiring Performance
March 01, 2021
The lateral partner challenge is, essentially, a vetting challenge. And yet, few law firms take a strategic approach to vetting and hiring laterals.
Pandemic Drives Law Firms and Clients to Common Ground on Pricing
March 01, 2021
The current circumstances are giving rise to conversations about pricing, and driving both sides of the law firm-client relationship to seek common ground — both in the form of tried-and-true alternative fee arrangements and those that reflect a more innovative approach.
How Legal Tech Can Help Lawyers Protect Privilege and Better Serve Their Clients
March 01, 2021
A recent UK High Court ruling has provided lawyers everywhere with a stark reminder on the scope of privilege for electronic communications.
Following the Winding Business Development Road
March 01, 2021
We all know that business and business development will be different post-pandemic, and we are not sure how. This article discusses the trends that lawyers and firms should be tracking and how they should plan and execute when the future is murky.
Why a Mutuality of Services Mindset In Legal Makes for A Better Post-COVID Culture
February 01, 2021
In the legal industry, transitioning to a culture of care poses more of a challenge to law firms than other businesses. What is needed now is for attorneys to seize the chance to reshape their profession and strengthen their position as leaders of our society.
Leveraging Data to Drive Innovation in A Post-Pandemic (We Hope) World
February 01, 2021
With a new year and fresh outlook for the future, the time is ripe for legal technologists and innovators to take the delivery of legal services and client experience to the next level. One key is recognizing that successful innovation is equal parts mindset, method and message.
Providing Superior Value to Clients In a Rocky Economic Climate
February 01, 2021
What kinds of firms are best positioned to provide superior value to clients and why this is such a critical consideration in the current economic climate.

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  • The Article 8 Opt In
    The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
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