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Accounting and Financial Planning for Law Firms
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Articles from Related Newsletters
Rediscovering Chapter 9
The Bankruptcy Strategist
Even though Chapter 9 of the Bankruptcy Code has been in effect for over 30 years, fewer than 100 cases have been filed during that time. Municipal bankruptcy cases — or, more accurately, proceedings involving the adjustment of a municipality’s debts — are a rarity, compared with reorganization cases under Chapter 11.

How to Manage Your Litigation Costs
The Corporate Counselor
This is the first in a series of articles discussing how in-house counsel can better manage litigation matters.

A New Avenue for Retaliatory Discharge Claims
Employment Law Strategist
As courts across the country continue to visit the issue of employment-at-will, the results show states continuing to chip away at the once mighty doctrine. Here's a look at one such case in Tennessee.

Compensation for Condemnation of Temporary Easements
New York Real Estate Law Reporter
When the state condemns a temporary easement that encumbers the frontage of a vacant parcel, but uses the easement for only a fraction of the easement’s total duration, how should the landowner’s compensation be computed?

Where the Law Stands On Virtual Property
Internet Law & Strategy
The filing of a complaint by a Pennsylvania lawyer against the operators of an online virtual world, and last year’s decision by a Pennsylvania federal district court in that case, Bragg v. Linden Research Inc., has generated a great deal of interest in the media and among lawyers, as well as in the virtual world community. Undoubtedly, as participation in virtual worlds increases, real-life lawsuits will be growing in number, too.

Top Stories
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The Role of Law Firm Treasurer
Recently, we had the opportunity to spend time with two executives, Jeff Hohner, Treasurer for Kirkland & Ellis, LLP and Rick Nietsch, Treasurer of White & Case LLP. These two men are at the forefront of managing the increasingly complex and global fiscal requirements of today’s leading law firms.

Seeking Financial Agility in the Face of Rapid Business Change: Survey Links Key Finance Challenges to Major Budgeting Pitfalls
There is no doubt that current economic conditions are more challenging and unpredictable than ever. Those organizations that can muster the courage and the fortitude for incremental change can make huge strides in enhancing their agility and competitive advantage, particularly in times when the going gets tough for everyone.

Who’s on Your Board?
For companies of all sizes, the decisions made in the boardroom will affect how they operate and may ultimately determine success or failure. Whether in response to legislation or good business sense, the use of forensic accountants at the boardroom level will become more prevalent as management responds to the pressures for establishing controls aimed at preventing fraud.

Hiring Assessment Tips and Tools: One Firm’s Firsthand Experience
If hiring the ideal candidates to support professional practice is presenting your firm with a daunting challenge, we suggest you consider using one of the available screening programs to test potential candidates for character elements that predict success within your organization.

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