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We found 2,019 results for "Accounting and Financial Planning for Law Firms"...

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.
Pressure Points: How to Move Forward Successfully with Technology Leasing
February 26, 2013
With the possibility of limited capital expenditures, financing technological advances will certainly be a way to stay within budget constraints and allow firms to continue investing in the latest and greatest technological trends. Leasing is one financing option that a firm can use to cut the out of pocket costs for technology upgrades and still be able to implement new projects by providing a monthly expense versus a total cost purchase.
Movers & Shakers
February 25, 2013
Baker Tilly Virchow Krause, LLP recently welcomed John Salza as a principal in charge of tax accounting methods. In this role, Salza lends his expertise to tax engagements across Baker Tilly's industry practices.
Profiting from the Learning Curve
February 25, 2013
A recent study published by Altman Weil listed the ways in which chief legal officers would like to see their outside counsel embrace service improvements and innovation. The top four responses were greater cost reduction, non-hourly pricing, more efficient project management and improved budget forecasting. To anyone paying even cursory attention to the legal marketplace in the last half decade, these should not come as a surprise.
Pension Funding: A Program to Maximize Pension Growth and Limit Volatility
February 25, 2013
With proper planning, a pension can meet regulations, be funded to the acceptable green zone levels (80%) and reduce the annual net periodic pension funding requirement.

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  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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  • Meet the Lawyer Working on Inclusion Rider Language
    At the Oscars in March, Best Actress winner Frances McDormand made “inclusion rider” go viral. But Kalpana Kotagal, a partner at Cohen Milstein Sellers &amp; Toll had already worked for months to write the language for such provisions. Kotagal was developing legal language for contract provisions that Hollywood's elite could use to require studios and other partners to employ diverse workers on set.
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