FM09  - Financial Management

Profitability: The Next Step

Friday, August 23, 2013, 3:45 PM - 5:00 PM

The most significant hurdle to measuring profitability is that attorneys fear the information will only prove that they are not profitable, or not as profitable as they should be. This fear often defeats attempts to measure profitability before the effort even gets off the ground. Learn how to focus on ways to measure profitability objectively that will help you make decisions within various areas of practice, as well as common pitfalls to avoid.

Objectives:

  • Identify the uses of component profitability
  • Determine the pitfalls to avoid in measuring profitability
  • Examine how to simplify the profitability calculations

NOTE: To receive a sample Excel® spreadsheet in advance, be sure to select FM09 on your Session Preference form when you register.

Audience: Attendees should have a working knowledge of law firm profitability analyses and financial management.

75 Minutes * CPE Field of Study: Management Advisory Services * Audience: I

Speaker: Michael E. Palmer, Allen Matkins Leck Gamble Mallory & Natsis LLP

Audience

Intermediate

CPE: Management Advisory Services