Accounting Changes Could Cost Legal Industry Billions

While law firms are increasingly modeling their business practices after their clients', one they have not been interested in mimicking is the accrual method of accounting. But it may be coming.

29 minute read March 27, 2014 at 05:10 PM

Gina Passarella

Accounting Changes Could Cost Legal Industry Billions

While law firms are increasingly modeling their business practices after their clients', one they have not been interested in mimicking is the accrual method of accounting.

But it may be coming.

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