Law Firm Financial Management – Tips for Success
Date: Oct 8, 2024 12:00 p.m. – 2:00 p.m.
Location: Online
Member Price: $143
Non-Member Price: $179
Areas of Law: For All Attorneys
Keynote
Moderator
Presenters
- Joseph Novello, CPA, MBA
- The Financial Training Organization, Metuchen
It’s fall! For many in the legal profession, the new year starts in autumn. Trials rev up, colleagues are back from vacation and the phone starts ringing more with new matters. This is the perfect time to reassess your law firm finances – are you being as efficient as you can in a way that reduces spending and increases profit? Help to put your firm on the path to sustainable growth and success by attending this seminar on law firm financial management.
Join Joe Novello, a CPA with an MBA in Finance, as he presents a seminar that will help you take charge of your firm’s financial well-being.
Topics to be discussed include:
- Ways to improve cash flow and collections to generate more cash for your law firm
- How to use your firm’s income statement as an important financial tool in expense and revenue management rather than just a bookkeeping exercise
- How to analyze costs and minimize risks
- Learn about financial fraud warning signs and how it can be prevented it at your firm and at your client’s firm
- Discover ways to easily monitor financial performance so that you can quickly find and correct problems
- Gain a comprehensive understanding on how to better evaluate and set billing rates
- Receive guidance on how to work with your CPA to help you achieve your goals
- The 4 steps key in the financial planning process
- The difference between cash flow vs income and what you can learn from each
- Capital budgeting tools – how to reinvest in yourself and your business
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Read our Scholarship & Financial Assistance Policy and submit an Application here: https://njsba.com/njicle/cle-programs/scholarship/