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We found 2,033 results for "Accounting and Financial Planning for Law Firms"...

Why Lawyers Need to Write Less Like Marshall and More Like MapQuest
April 29, 2013
Though we tend to think that good writing never changes, writing in many parts of the legal and business worlds has probably changed more in the last decade than in any comparable period over the last five centuries. Those who fail to adapt will pay the consequences.
Who Should Be Partner in a Post-Recession Profession?
April 29, 2013
Partnerships are viable and sustainable only if there is a consistent and sufficient earnings stream to attract talent to the firm. This is accomplished when all timekeepers are personally productive and profitable.
Best Practices (And Even Better Questions) to Apply to Your Back-Office Operations
April 26, 2013
While the economy continues to limp along and the experts continue to predict a flat legal market, it is more important than ever to ensure your back-office operations are functioning in the most cost-effective, efficient way possible.
When Worlds Collide
April 26, 2013
Until recently, the public finance world simply did not experience significant defaults. Until now. A look at recent litigation.
Rembrandt/Not Rembrandt: Finding the Win-Win in Your Firm's Technology Leases
March 28, 2013
Many law firm decision makers in the AmLaw 100/200 and more turn to leasing equipment and technology for their firm as a competitively advantageous way of performing in the new business model landscape. Just make sure when you are reviewing your Master Lease Agreement, that you are, in fact, looking at a "Rembrandt.
Who Should Be Partner in a Post-Recession Profession?
March 28, 2013
This article examines the characteristics necessary to be a fully contributing partner for a post-recession profession.
Reducing Adverse Legal Consequences Through FCPA Remediation
March 28, 2013
In last month's issue, the authors observed that the DOJ and SEC have placed what they term a "high premium" on remediation efforts made by companies that discover or are accused of violations of the FCPA. The discussion concludes herein.
The Fallacy of Merger Math
March 28, 2013
If we were to analyze law firm mergers by plotting client satisfaction on one axis and partner satisfaction on the other, the resulting scatter diagram would reflect a surprising few combinations that were deemed satisfactory after the fact to all parties.
Key Elements of Effective FCPA Remediation: Earning DOJ and SEC's 'High Premium'
February 27, 2013
The Department of Justice (DOJ) and Securities Exchange Commission's (SEC) Guide to the U.S. Foreign Corrupt Practices Act (FCPA) demonstrates, if there were any doubt, the importance of timely and effective FCPA remediation.
Before Saying 'Yes' to a Merger
February 26, 2013
Despite the obvious opportunities, the integration of small groups of attorneys into a larger firm does not always succeed. This is precisely why "due diligence" should be the mantra of both parties in anticipation of any acquisition/merger.

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    Litigation analytics can be considered a roadmap of sorts — an important guide to ensure the legal professional arrives at the correct litigation strategy or business plan. However, like roadmaps, litigation analytics will only be useful if it's based on data that is complete and accurate.
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  • Understanding the Potential Pitfalls Arising From Participation in Standards Bodies
    Chances are that if your company is involved in research and development of new technology there is a standards setting organization exploring the potential standardization of such technology. While there are clear benefits to participation in standards organizations — keeping abreast of industry developments, targeting product development toward standard compliant products, steering research and intellectual property protection into potential areas of future standardization — such participation does not come without certain risks. Whether you are in-house counsel or outside counsel, you may be called upon to advise participants in standard-setting bodies about intellectual property issues or to participate yourself. You may also be asked to review patent policy of the standard-setting body that sets forth the disclosure and notification requirements with respect to patents for that organization. Here are some potential patent pitfalls that can catch the unwary off-guard.
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