Law Firm Financial Management

Webinar

Law Firm Financial Management

Start 12/13/2024 - 8:45 AM
End 12/13/2024 - 10:55 AM

COURSE DETAILS

Please note: your Zoom link will have the title “December Bridge the Gap.”, starting 8:45 AM. This is the correct link for joining, but please use it only during the designated time for this specific session.

Gain an understanding of financial concepts, practical advice and ethical considerations involved in managing or assisting in managing a law practice.

 

The program is designed to give insight into financial management and provide simple, yet powerful tools to obtain that goal. Case studies and examples are used throughout the seminar to provide easy to understand illustrations.

 

Topics will include:

 

  • How to use your firm’s income statement as an important financial tool
  • The 4 steps in the financial planning process
  • Revenue planning, setting billing rates and ethical considerations
  • Analysis of costs and how to minimize risks ethically
  • Cash flow vs income
  • Capital budgeting tools
  • Important metrics to monitor financial performance
  • The operating cycle and how to monitor and improve cash flow
  • Having your CPA or financial planner assist you in achieving your goals ethically
  • Discover ways to easily monitor financial performance so that you can quickly find and correct problems
  • How to prevent and spot financial fraud in your law firm, and clients’ firms, along with ethical considerations
  • … and more

 

FACULTY

Faculty: Joseph Novello, CPA, MBA, The Financial Training Organization

Moderator: Bari Chase, Esq., Director, NYCLA’s CLE Institute and Programs

 

CLE CREDITS

2.5 NY Credits: 1 Ethics; 1.5 Skills; Transitional and Non-transitional; 2.5 NJ Credits: 1 Ethics; 1.5 General

 

GENERAL INFORMATION

To register: click the Register button below. The website will prompt you to log in or create an account to complete the checkout. If you are not a member, please join the membership before completing the checkout to take advantage of the member’s price. Registration closes 30 minutes before the program.

For technical and account-related issues, please get in touch with us at dradjabov@nycla.org

Webinar Link: After completing the checkout, you will receive a separate email with webinar access instructions. That email will arrive closer to the program start time. If you are still waiting to receive an access email 30 minutes before the program, please email cle@nycla.org.

Course Materials: We will email the link to download course materials 30 minutes before the program starts.

CLE Certificates (if applicable): After verifying your attendance, we will add your certificate to the “Download CLE Certificates” page, which you can access from your “My Account” page.

Upcoming CLE Courses

View CLE Calendar