FM 2A Course: Financial Information & AnalysisRegister Now
ALA will be offering the FM2 Financial Information and Analysis Intermediate course starting in July.
Please note that this will be the only FM2 offering this year.
The FM2 session registration is now open and will close on July 9. The pre-assignment for this course will open on July 13, with the first session starting on Wednesday, July 18, at 2– 3 p.m. CST.
Please register for the upcoming FM2 course by clicking on the “Register Now” button.
Completing both FM 1 and FM 2 courses gives you access to the Legal Management Finance Specialist Certificate Program. Click the link to learn more.Do the complexities of financial information and analysis keeping you up at night? This interactive, online program will focus on the budgeting, financial reporting, analysis of cash flow, model building, and variance within a law firm. You will be guided to apply the skills gained in the course by interpreting financial statements, calculating and interpreting various financial ratios, conducting profit analyses, and analyzing comparative financial information across fiscal years. Case studies, lectures, videos, readings, and assessments will be used. Topics include automated financial management systems, alternative fee arrangements, financial controls, computer-based tools for financial analysis and management, client matter budgeting, and electronic billing. The following is an outline of the topics:
- Week 1: Automated Systems
- Week 2: Financial Methods & Investments
- Week 3: Financial Analysis Methods
- Week 4: Budgeting & Variance Analysis
- Week 5: AFAs
- Week 6: e-Tools & Billing
The live WebEx lessons will be held on Wednesdays from 2:00-3:00 p.m. Central Time.
These lessons will also be recorded for on-demand access.
Course TextbookA textbook is NOT required for this course. All reading materials will be provided.
Meet minimum course requirements and earn credits towards your CLM application or recertification requirements:
- Functional Specialists: 18 hours in Financial Management
- CLM Recertification: 18 hours in Financial Management
Course RequirementsEach course has a start and end date. To receive the course completion certificate and CLM credits, all weekly assignments must be completed and quizzes passed with a score of 70% or higher by the last day of the course.
All cancellations must be made in writing and submitted via email to email@example.com. The following cancellation fee scales will apply:
- After registration but prior to 50% penalty date: $125 fee
- Four weeks before start of the course: 50% of fee paid
- Two weeks before the start of the course and thereafter: No refund