May 2007

Finance - Dollars and Sense

Finance and IT departments in firms have been tied together marginally over the years.  Typically, the two departments collaborated over the installation of a new product, followed by working out performance and reporting issues.  The tie between the two departments is now getting stronger.  More technology tools are now available to make the back-end processes work more accurately and efficiently.  So, too, tools are used on the front-end to share financial information with our attorneys.

We thank our authors for providing their insight and expertise on e-billing, using SharePoint in the finance arena, combining metrics to track and measure firm profitability and implementing the best tools and practices for cost recovery.  We’ve also thrown in a mini-legal-pro MBA  just for fun (but be very careful, you might learn something).