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Accounting and Financial Planning for Law FirmsLJN NewslettersNewsSections

<i>Accounting & Financial Planning for Law Firms</i> <b>Tips for Creating a Partner's Customized Model and Plan</b>

By ALM Staff | Law Journal Newsletters |

For use in preparing partners' individual business models and plans, design a standard worksheet form. The goal of a standard worksheet is to promote uniformity in the process for creating personal plans, not to seek rigidly uniform results.

In each form section described below, request at least the information described in italics. Adjust the form as necessary if alternatives to hourly billing are used, if revenue is generated in non-dollar currencies, etc.

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