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Accounting and Financial Planning for Law Firms

Volume 25 - Number 2 | February 2012

February issue in PDF format


Maximizing Information Technology Return on Investment
By Edward Poll
No matter what the reason or replacement cycle, law firm computer technology should be a function of ROI. There is no one right or correct rate of return, but maximizing it is essential.

The Evolving Role of the Law Firm CFO
By Ralph MacNamara and Michael Moore
The real challenge — and opportunity — facing today’s law firm CFO is not improving his or her technical expertise, but rather gaining the support of law firm management to implement real, impactful change.

Minding Your Business
By Susan C. Finelli
To remain competitive, it is important for law firms to peel away the financial layers of their businesses, identify potential problems, forecast future revenues, and manage their financial health.

Succession Planning
By Richard Puzo
To help ensure client retention, firms need to put in place a long-term, multipronged client transition plan at least two years before a partner’s retirement. With the eldest of the baby boomers turning 65 in 2011 that means such planning must begin now.

Movers & Shakers
Who's doing what; who's going where.