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We found 2,025 results for "Accounting and Financial Planning for Law Firms"...

Legal Analytics and the Evolving Practice of Law
July 01, 2020
While we may use analytics differently in our respective companies, one thing is certain: Legal analytics is the future and it's time to jump on board.
Corporate Resiliency: How to Ensure Financial Health Ahead of an Economic Downturn
July 01, 2020
Proper planning is key to ensuring a company's financial health when facing an economic downturn. Although companies will come into such planning with different levels of financial health, the same considerations can be helpful in determining the best path forward.
Jump-Starting Business Development After Living in a Socially Distant World
June 01, 2020
How do we go back to conducting productive business without seeming callous to the harsh realities many people are experiencing?
Prosecuting PPP Fraud May Be Harder Than It Seems
June 01, 2020
This article discusses what tools the government has for pursuing seemingly undeserving PPP borrowers, the obstacles to bringing such cases, and the factors that may influence the government's decision in pursuing criminal or civil cases.
Demand for Contract Lawyers Is Rising from COVID-19 Business Disruptions
June 01, 2020
Recruiters say the demand for contract attorneys in corporate and government legal departments and law firms is rising as the ongoing COVID-19 pandemic creates more of certain types of legal work.
Small Law, Big Changes: The Coming Disruption in the Legal Industry
June 01, 2020
The billable hour is still profitable from a transactional perspective, but from a strategic perspective, in today's economy, that profitability has begun to erode. That's because our economy has fundamentally transformed into a service economy that is based on leverage and scale.
COVID-19 Downturn Likely Won't Impact Health of Law Firm Billable Hour
June 01, 2020
Not even the economic downturn imposed by the COVID-19 virus may be able to take credit for eliminating the billable hour. While attorneys could be relying more on legal tech to help defray costs, transitioning to a new pricing infrastructure in the midst of so much uncertainty could prove to be a bridge too far.
Privacy and Compliance Services: Why the Market Is Rumbling Against the Big Four
May 01, 2020
With the advent of stringent privacy regulations in Europe and the United States, corporations are spending more time and money scrambling to ensure their privacy and compliance processes are able to withstand these high levels of scrutiny. At the same time, competition to provide these services is heating up as the Big Four professional services firms plant their stakes more broadly in this fertile ground.
2019 Was a Record Year for the Am Law 100 But What Will 2020 Hold?
May 01, 2020
After a 5% increase in gross revenue and 3% growth in revenue per lawyer, the Am Law 100 were in a good place at the start of 2020. Then a global pandemic started. Now what?
Pension Plans Changes: Will Retiring Partners Shoulder the Risk?
May 01, 2020
For some firms in the Great Recession, reduced revenues combined with the overwhelming pressure from multimillion-dollar pension liabilities — a holdover from the days when pensions were simply a promise firms made to retiring partners — were too much to bear. But with the Great Recession now a decade in the past and another recession brewing, has the industry learned from its mistakes?

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