We found 2,025 results for "Accounting and Financial Planning for Law Firms"...
COVID-19 and Benefit Planning
October 01, 2020
The COVID 19/Pandemic/Shutdown has caused turmoil and upended benefit planning.
Redefining Law Firm Financial Management In An Era of Unprecedented Economic Uncertainty
October 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. To understand their approach, options, and considerations, LSQ engaged Ari Kaplan Advisors to benchmark a range of metrics and perspectives from leaders at an array of organizations.
Law Firm Profitability Expected to Be Stable for 2020 Despite Decreased Revenue
October 01, 2020
Economists are increasingly gravitating to the concept of a "K-shaped" recovery following the steep plunge of the early days of the coronavirus crisis. With a slight tweak, that "K" may well serve as a useful depiction of law firm profitability in 2020: just add a horizontal third line at the center.
Undercutting the Cost of Underperforming Attorneys
September 01, 2020
As a firm leader it is your fiscal responsibility to address underperforming attorneys. With COVID-19 are your underperformers flying under the radar? The cost to a firm is not only to the bottom line, but to your reputation as a leader.
Ransomware – COVID-19 & Upgrading Your Defenses
September 01, 2020
It's pretty shameful that in the current crisis we're seeing ransomware on the rise. It's even more shameful that organizations involved in fighting the virus seem to be especially at risk.
COVID-19 and Working Remotely: Embracing the Changes and the Challenges in a Pandemic
September 01, 2020
The idea of working together while apart has prompted many law firms to reevaluate and analyze their strategies for operating safely, securely and efficiently. In this roundtable discussion these experts share their experience and insight on driving productivity and engagement during these uncertain times.
Technology Investments for Law Firms Moving Forward Post-COVID
September 01, 2020
We're never going back the way we were — and this will be to the benefit of firms, profitability, clients and lawyers if we make the right technology investments. Here's some specific ways firms can capture these benefits.
The SECURE and CARES Acts Change Required Minimum Distributions
September 01, 2020
A key aspect of saving for retirement through qualified retirement plans and IRAs is deferring taxes until required minimum distributions (RMD) begin. Even with Roth IRAs, beneficiaries who inherit them must also follow RMD rules despite the tax-free treatment of the distributions. The SECURE Act and the CARES Act made dramatic changes in RMD rules for 2020 and beyond.
Buying In to the ALSP Market
September 01, 2020
Some Firms Are Forming Subsidiaries to Deliver Legal Services In New Ways
Buyers have a broader slate of options in 2020 than ever before, whether that means handling more work in-house, hiring temporary lawyers during a crunch, or turning to a recently launched "alternative provider" to address the massive pile of contracts they need to manage.
COVID-19 and Working Remotely: Embracing the Changes and the Challenges In a Pandemic
August 01, 2020
Experts share their experience and insight around workplace trends and the value of technology tools to drive productivity and engagement in a roundtable discussion.
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- How AI Has Affected PRWhen we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.Read More ›
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- Tips for How Women Lawyers Can Chart a Different Course, Part 3Along the way to charting your own course, below are critical habits to be implemented as you stay focused on growing a fulfilling and prosperous career.Read More ›
- Client Speak: Is the Burden of AFA Here to Stay?The recent dramatic downturn has created something relatively unknown to law firms: the "insistent buyers' market" (or "ibm"), wherein all the pent-up frustrations of the past have suddenly found a voice and now have to be confronted and no longer ignored.Read More ›