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

Meals and Entertainment Expenses
December 31, 2013
Meals and entertainment expenses are generally only 50% deductible, and provided the expenses are ordinary and necessary, have a business purpose and have proper documentation, there should be no issues surviving an IRS audit.
Partner Compensation
December 26, 2013
Objective financial factors are easy to measure ' but they should not be the only considerations in determining partner compensation.
Concurrent Rights Offerings by Chapter 11 Debtors
December 20, 2013
A look at the Section 1145 exemption in relation to a major case.
Firms Recalculating Compensation Models
November 30, 2013
When it comes to attorney pay, origination has held a steady place at the top of many firms' list of compensation criteria. But could rainmaking be drying up in importance?
Partner Compensation
November 30, 2013
How do you determine partner compensation at your law firm? You certainly look at each partner's originations, working attorney receipts and billable hours. But what about his or her excellent client service, strong leadership, successful staff development efforts and keen technical skills?
The 'Silly Season'
November 30, 2013
Almost 30 years ago when I began my career consulting to law firms, the then managing partner of Donovan Leisure Newton & Irving used that term to refer to the months of October through December. It was his way of pointing out to his fellow partners that the necessary activities of practice management that so many of them had avoided for the first nine or 10 months of the year now had to be addressed.
Can Law Firms Be Lean?
November 30, 2013
For those who have had some exposure to <i>Total Quality Management</i>, the reference to <i>Lean</i> or <i>Lean Six Sigma</i> might be familiar. Total Quality Management (TQM), famed for advancing Japanese firms to remarkable achievement in product quality, was also pursued in the service industry.
Improving e-Discovery in Global Enterprises Through Remote Data Collection
November 30, 2013
While the document review aspect of the discovery process generally receives the majority of attention because of the expense and time involved, the collection of potentially responsive electronically stored information (ESI) can also represent a major expense and logistical challenge.
Managing Your Money: What Happens After Leaning In?
November 26, 2013
Female law partners have little idea if they are on track toward a comfortable retirement.
Managing Your Money: What Comes After Leaning In
November 26, 2013
Female law partners are not saving appropriately, putting money into wise investments or taking advantage of employer-sponsored retirement accounts. Further, they have little idea if they are on track toward a comfortable retirement.

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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 &mdash; keeping abreast of industry developments, targeting product development toward standard compliant products, steering research and intellectual property protection into potential areas of future standardization &mdash; 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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