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

Implications of NJ BAIT for Law Firms
December 01, 2020
NJ Senate Bill 3246 established the "business alternative income tax" (BAIT), an elective business tax regime for pass-through entities. Law firms are left wondering if electing to pay the BAIT is the right choice. This article summarizes how the NJ BAIT works, as well as its pros and cons.
Why Lawyers Stink At Business Development and What Law Firms Are Doing About It
December 01, 2020
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
With Expenses Expected to Rise in 2021, Will Demand Match?
December 01, 2020
Budget season is in full swing at firms whose fiscal year matches the calendar year, and leaders are exercising a newfound scrutiny over every component of next year's spending as they prepare for an uncertain 2021.
Retirement Planning Under a Biden Administration
November 09, 2020
The election of Joe Biden as President may clear the way for many changes in the retirement planning landscape.
Defending Your Career: Self Advocacy at Review Time
November 01, 2020
Firms have taken a hit due to COVID-19 and some will use this review cycle to pinpoint underperformers and reduce compensation. This is why it's even more important for you to make a case for yourself.
COVID-19 Dispels Long-Held Law Firm Operations Myths
November 01, 2020
During the COVID-19 pandemic, law firms have learned that a large number of "essential" services and Standard Operating Procedure rules and assumptions about how an office works are 1950's myths that need to be identified, examined and re-engineered or discarded.
Fall 2020 Data Privacy Updates
November 01, 2020
America and the EU continue altering data privacy frameworks for businesses.
Law Firm Financial Management In An Era of Unprecedented Economic Uncertainty
November 01, 2020
The pandemic has forced law firms to reevaluate their expenses, refine their budgets, and review their overall operations to adapt to an environment of perpetual uncertainty.
Back to Basics In Times of Uncertainty
November 01, 2020
One of the keys to success in competitive intelligence is communication. Effective communication builds rapport with your clients, which, in turn, builds trust and instills confidence that you will be able to get what they need to achieve their goals. In the last few months, this element of trust and rapport has never been more important.
COVID-19 Dispels Long-Held Law Firm Operations Myths
November 01, 2020
During the COVID-19 pandemic, law firms have learned that a large number of "essential" services and Standard Operating Procedure rules and assumptions about how an office works are 1950's myths that need to be identified, examined and re-engineered or discarded.

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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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