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We found 2,012 results for "Accounting and Financial Planning for Law Firms"...

Fresh Filings
May 31, 2025
Notable recent court filings in entertainment law.
How AI and Open-Source Intelligence Are Redefining Risk in Legal Operations
May 31, 2025
No longer is legal risk management confined to checklists and backward-looking assessments. AI and OSINT are enabling legal professionals to anticipate, adapt, and act with greater speed and precision. But realizing the full potential of these tools requires more than technical integration. It demands a new operational mindset — one that prioritizes intelligence, agility, and continual learning.
AI and the Billable Hour: Transactional Work First to See Changes
May 31, 2025
The end of the billable hour has been prophesied for years. But, as the steady adoption of artificial intelligence upends how legal work gets done, the promised efficiencies from automation are most likely to emerge in certain elements of deal work, like due diligence and contract review and analysis.
From Good to Great: How Law Firms Achieve Best-in-Class Profitability
April 30, 2025
What makes a law firm a best-in-class financial performer — and how to make my own practice more successful and enjoyable? This article provides simple principles any small to midsize law firm can use to improve performance.
The Legal Industry’s Next Competitive Advantage: Reinventing the Revenue Cycle with Invoice-to-Cash
April 30, 2025
Billing and collections are the engine of a law firm’s financial health, yet at many firms, this core process remains fragmented, opaque, and manual. In a profession built on trust, precision and performance, the invoice-to-cash cycle is lagging far behind — and the cost of inaction is growing.
Is Your Mailroom Keeping Up with the Increased Complexity of Taxes and Tariffs?
April 30, 2025
For law firms, the global shipping of servers and IT hardware is not just a logistical task — it’s a critical component of operational continuity and client service. A single oversight in documentation could delay sensitive shipments, compromise remote attorney onboarding, or interrupt court deadlines reliant on secure data transfer and IT setup. Here’s more detail on the evolving complexity and some key solutions.
Nosy, Daring and Unguarded: The Case for a More Conversational Practice of Law
April 30, 2025
When first practicing law, most lawyers think they need to sound like a lawyer. Not just any lawyer, but the kind of lawyer who uses words like "heretofore" and "whereas" in casual conversation. But somewhere between their first set of discovery requests and their hundredth client meeting, good lawyers often reach the same conclusion: no one actually likes talking to a lawyer who sounds like a lawyer.
The Am Law 100: ‘Flexible’ Compensation Systems Lead to Strong Performance
April 30, 2025
Big Law firms have stepped into a whole different world of partner compensation in the last year, by stretching their spreads, increasing bonus pools, moving to “black box” systems, adding nonequity tiers, and implementing “super” points, among other changes.
Gen AI Unlikely to Bring Down Law Firm Rates
April 30, 2025
Clients may hold out hope that the adoption of generative AI tools will bring down the rates they pay outside counsel, but a recent survey suggests they shouldn’t hold their breath.
Create An Operations Blueprint for Efficiency and Profitability In 2025
March 31, 2025
Simply put, the old levers of profitability — billable hours and rate increases — are no longer sufficient. Firms that fail to proactively address inefficiencies risk losing market share to more agile competitors. To remain competitive, law firms must rethink traditional business models and optimize operations at every level.

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