It’s more important than ever to control costs, target your firm’s financial strengths and increase profitability. Join this program to acquire a solid understanding of how to confidently determine the most profitable pricing and staffing arrangement. The speaker, Richard Turnbow, provides in-depth information on law firm profitability and other relevant issues. Participants are guided through a step-by-step approach to determine the total cost of a completed matter. Participants will receive all the Excel® spreadsheets tailored to build financial information for their own firm efficiently, quickly and with optimal results. By the end of this session, participants should be able to:

Determine costs of various components of the firm’s operations

Build cost accounting and profitability measurement systems

Measure profitability over time and by area of law, practice groups and levels beneficial to one’s own firm

Speaker: Richard B. Turnbow is a Certified Public Accountant (CPA) and the author of numerous articles and written materials focused on legal industry finances. While on the staff at ALA, he wrote materials and produced a CD on the subject of Law Firm Profitability Enhancement and has taught this subject in a number of seminars. He has also authored the publication Successful Law Firm Financial Management. In addition to personal law firm consulting, Turnbow has served as an expert witness on financial management topics.

For more information contact: Rosemary Shiels, ALA Headquarters at rshiels@alanet.org

ALA Member Price: $225.00

Non-Member Price: $245.00

To purchase, click here.