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

Salary Hikes Not So Impressive After Inflation
September 01, 2018
Law firms have bumped up starting salaries for associates at top firms over the past few years, prompting Big Law clients to raise a stink about outsized salaries for junior lawyers. But it turns out that this pay falls short of past peaks when inflation is taken into account.
Litigation Funders Face Their Hardest Sell: Big Law
August 01, 2018
There Is More Money Than Ever In the Hands of Litigation Financiers, But Can They Convince Law Firms to Use It?
The NLJ 500: Large Firm Growth Slows Amid Consolidation and Contraction
August 01, 2018
Lawyer Counts Increased By 1%, But Large Firm Growth Was Slowed Due to Consolidation. Just Three of the Top Five Firms on the NLJ 500 Showed Total Lawyer Headcount Growth
Lawyers and Accountants: Collaborators and Competitors
August 01, 2018
Lawyers and accountants are professional allies, but who controls integration and delivery of their services is another story.
Law Firms Need Artificial Intelligence to Stay in the Game
August 01, 2018
The Legal Department Is Savvier and Has More Options In the Form of ASPs and Legal Technology. It's Time for Law Firms to Embrace Change. AI Is a Key Ingredient In Doing So.
Executive Benefits at Non-Profits after the Tax Cuts and Jobs Act
July 01, 2018
The Tax Cuts and Jobs Act made significant changes to certain Internal Revenue Code provisions dealing with highly compensated employees. Among these are restrictions (in the form of excise taxes) on compensation of certain highly paid employees of “applicable tax-exempt organizations.”
Loan-Out Corporations after Tax Reform and CA Supreme Court Decision in 'Dynamex'
July 01, 2018
The tax reform bill signed by President Trump at the end of 2017 has caused us to take a fresh look at many long-held assumptions about how to take into account income taxes in planning for the entertainment industry. At the same time, the California Supreme Court recently decided a case that has the potential to eviscerate loan-out corporations entirely. This article discusses loan-out corporations in light of these two important developments.
Creating a Collaborative Work Environment
July 01, 2018
Collaborative cultures soar in profitability, talent acquisition and retention, client retention and client service.
Will Law Firms Be Ready When the Next Recession Hits?
July 01, 2018
<b><i>The Bottom Is Eventually Going to Drop on the U.S. Economy, and Many Law Firms Won't Be Positioned to Handle the Fallout</b></i><p>No economic expansion lasts forever. That's a hard-and-fast truth of macroeconomics, one that's on the minds of certain law firm leaders.
Yes, You'll Retire Someday. Avoid These Retirement Financial Pitfalls Now.
July 01, 2018
Here are some common retirement planning pitfalls that lawyers often experience.

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  • Role and Responsibilities of Practice Group Leaders
    Ideally, the objective of defining the role and responsibilities of Practice Group Leaders should be to establish just enough structure and accountability within their respective practice group to maximize the economic potential of the firm, while institutionalizing the principles of leadership and teamwork.
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