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The Corporate CounselorLJN NewslettersNewsSections

How to Speak Accountant

By Michael Goldman

Editor's Note: This article is the first installment in an ongoing series focusing on accounting and financial matters relevant to corporate counsel.

Corporate law is a team-oriented activity. Too often, a team of very talented lawyers, accountants, operations managers, and sales managers is assembled but doesn't gel. The reason is often that they misunderstand each other ' they come in with different underlying assumptions, different perspectives, and even different definitions of the same words or terms. Communication suffers and valuable information does not get adequately conveyed to all team members.

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