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We found 2,033 results for "Accounting and Financial Planning for Law Firms"...

Predictability, Technology Change Cycles and Increasing Client Demands
November 02, 2013
It's the 2014 budget season and law firm decision makers are scrutinizing bottom line variables to answer many questions, including this one: Is it more advantageous for my firm in the current and future market to own an asset or lease it over its useful life?
Restrictive Covenants and Partnership Agreements
November 02, 2013
This article examines the ethics of common partnership restrictive covenants, including non-compete and forfeiture-for-competition provisions, notice of withdrawal requirements, prohibitions on solicitation of partners, employees, and clients, and restrictions on using and taking documents, and suggests ways for firms to ethically protect the firm's interests.
Can Law Firms Be Lean?
November 02, 2013
For those who have had some exposure to Total Quality Management , the reference to Lean or Lean Six Sigma might be familiar. In principle, the necessary ingredients to achieve Six Sigma are defined objects, measurable standards and a systematic approach.
Salespeople at Law Firms?
November 02, 2013
Research over the past four years is showing a slow-moving upward trend of law firms hiring professional salespeople. This trend spans all sizes of firms, from small to global. The backgrounds of these professionals varies; primarily, they come to firms from a solid background of success in the sales world, many having worked against assigned quotas and on partial commission.
A Negotiation Tool for Spousal Maintenance
October 30, 2013
The temporary spousal maintenance law that became effective in New York State on Oct. 12, 2010, provides formulas for calculating temporary maintenance guidelines. But there is no one correct answer on how to determine the amount of final maintenance.
New Opportunities in the Legal Industry
October 29, 2013
Should law firms hire professional sales people?
Commercial Real Estate Debt Restructuring
October 29, 2013
To restructure loans experiencing maturity defaults effectively, the business, finance, and legal sectors must collaborate in a field that is as much art as it is science.
Financial Considerations That Involve Your Partnership Agreement
October 29, 2013
Is becoming a Partner still a realistic expectation in most large firms?
Financial Considerations That Involve Your Partnership Agreement
October 02, 2013
Becoming a firm partner has long been the unquestioned goal of most lawyers. But in today's large law firms, with many hundreds of partners, is this still a desirable goal when a given partner's voice may have little influence over the direction of the firm, and when a partner's income is determined by a "compensation committee" that lacks transparency?
10 Proven Strategies To Effectively Implement the Two-tier Partner Structure
October 02, 2013
This article describes 10 proven strategies that we have recommended to clients to effectively implement the two-tier partner structure.

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