Results-oriented Financial Management

A guide to creating and implementing a successful law firm financial plan, this title guides you through the entire financial management process, from gathering a firm's historical personnel and billing data to preparing and analyzing the budget itself. It presents options for the reader and then offers his own advice and the reasoning behind it.

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This book is ideal for any law firm looking to improve its financial management system and ultimately achieve better profitability. CPA and law firm financial expert John Iezzi guides you through the entire financial management process, from gathering a firm's historical personnel and billing data to preparing and analyzing the budget itself. In discussing different ways to set rates, compute billable hours, calculate net income, and perform other financial analysis, Iezzi presents options for the reader and then offers his own advice and the reasoning behind it. It's a complete guide to creating and implementing a successful law firm financial plan. Also included with the book is a CD-ROM containing powerful computer models you can use to examine your existing, or proposed financial program from every possible angle. These will help you easily examine and experiment with the variables that effect your firm's profitability, and then determine the mix that works best for you. These valuable tools alone are worth the price of the book! Today, more than ever, law firms need to ask the tough questions about their financial status.
This guide will help you provide the answers in a meaningful, workable way.