Ahead of the Curve
The Professional Development Advisory Committee’s (PDAC) purpose in providing you this communication is to further its goal of periodically sharing topical information regarding the legal industry. Our hope is that one or more of the updates will provide a spark of insight to assist with your work on behalf of ALA as well as within your firm or legal department.
Despite the legal industry’s obsession with revenue, the truth is revenue tells you very little about the strength of a book of business.
This article discusses moving to a profitability approach. In the author's opinion, "Every time I’ve seen a firm make the transition to a model that factors in profitability, it’s been for the better."
Resource: James Goodnow, Above the Law
Tammy Cowser, PHR, CP — Foley & Lardner LLP
Suzanne Koch — RSM US LLP
Lana McGinnis, CLM, SPHR, SHRM-SCP, Chair — Sturgill Turner Barker & Moloney, PLLC
Terri Oppelt, CLM, SPHR, SHRM-CP — Armanino LLP
Teresa Reiner, CLM — Gislason & Hunter LLP
Teresa Walker — Waller Lansden Dortch & Davis, LLP
Valerie Williams — Pender & Coward, PC
Stephen Wolf, CLM, CPA — Deutsch Kerrigan, LLP
ALA Board of Directors Liaison to Committee
Joseph Samarco, MBA, ALPP — Ballard Spahr LLP
ALA Liaison to Committee
Patricia S. Carrera, JD, CAE, CKM, CPLP — ALA's Sr. Director, Member Experience