ILTA Publications

2011 April - Financial Management - A Slice of the Finance Pie 

01-08-2012 09:14

Financial management is an evolving practice in law firms –– new policies and business models are being developed, advanced technologies are being implemented and expectations are swelling. Law firms have taken away many lessons from the economic downturn of the last few years, and clients have emerged unwilling to accept the status quo concerning fees charged and financial data reported. In the wake of this new post-Great Recession era, our authors have gathered to share their wisdom regarding how to improve operational efficiency, minimize risk, cut costs, utilize financial data and exceed client and firm leadership expectations. We gratefully acknowledge our Financial Management Peer Group Steering Committee for their guidance and contributions, as well as our authors for providing their valuable insight. As the ingredients for successful financial management come together, firms can be confident that they’re serving the perfect dish. Enjoy the information shared in this white paper -— if not the whole pie, at least a hearty slice!

#BusinessandFinancialManagement #ThomsonReutersElite #ADERANT

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