Session 2: Financial Management – Interpreting Financial Data & Decision-Making
Do the complexities of financial information and analysis keep you up at night? This interactive online program focuses on budgeting, financial reporting, cash flow analysis, model building, and variance analysis within a law firm.
You will apply the skills gained in the course by interpreting financial statements, calculating and analyzing financial ratios, conducting profit analyses, and comparing financial performance across fiscal years. Instructional methods include case studies, lectures, videos, readings, and assessments.
This session covers essential topics such as automated financial management systems, alternative fee arrangements, financial controls, client matter budgeting, and electronic billing.
In this second session of Financial Management: Law Firm Accounting, you will begin to decode the "Financial Story" and how to use the numbers to guide leadership decisions.
The following is an outline of the topics.
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Week 1: The Financial Story
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Week 2: Managing the Firm Through KPIs
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Week 3: Forecasting and Planning
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Week 4: Staffing, Compensation, and Capacity Planning
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Week 5: Trade-offs and Tough Choices
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Week 6: Tracking and Reporting
The live lessons will be held on Tuesdays from 1:30-2:30 p.m. Central Time. These lessons will also be recorded for on-demand access.
The course is offered at $575 for ALA members and $750 for nonmembers, and is available at a discounted rate as a part of a package.
Discounted member price:
575.00
750.00
You could save:
23.3%