Law firms are seeking new, innovative ways to do business, and strategic planning is at the forefront of leadership initiatives. Managing partners are exploring strategic planning, consulting and advisory services to keep up with changes in the industry and the new wave of demands – from customers and clients.
Firms are implementing programs to improve profitability, utilizing effective tax strategies, developing the next generation of leaders and finding creative ways to build firm culture in a hybrid/remote work environment. Today’s business landscape also requires law firms to rethink their digital and service delivery strategies to streamline processes and add the most value for clients. Today’s connected digital environment makes cybersecurity best practices and programs essential for keeping client and case data safe.
At first glance, law firms may assume the new Section 70202: No Tax on Overtime rules are irrelevant to them – but that could be a costly mistake. It’s part of the One Big Beautiful Bill Act, commonly referred to as the OBBBA or OB3, and it allows an above-the-line deduction for qualified overtime compensation…
When an attorney’s client receives an IRS audit notice, the process can feel overwhelming. It is essential to act strategically to protect attorney-client privilege while meeting all compliance requirements. Failure to do so can result in serious legal and ethical consequences. Below are key considerations for navigating this process effectively. Key Considerations Start by supplying…
Understanding how to properly source billable hours for tax purposes is crucial for law firms, particularly due to the varying rules across different states. The Washington Court of Appeals has clarified that litigation receipts should be sourced to the venue of the case, while consultation services should be sourced to the client’s location. This nuanced…
Bringing forward-thinking Managing Partners from law firms across the nation together with leading industry experts for dialogue and solutions-building on pressing issues facing law firm leaders.
Learn MoreIn a highly competitive and rapidly-changing market, firm leaders face unique management challenges. It is pivotal to ensure that your firm is meeting profitability and growth goals, managing effectively, utilizing effective service delivery models and has the appropriate structure and leadership in place.
Learn MoreYou’ve worked hard to build your firm into what it is today. As you consider expansion possibilities and employee succession plans, you’ll want the confidence in knowing that future business partners and potential buyers are vetted appropriately and that your firm is valued for all that it’s worth.
Learn MoreToday’s business landscape is moving away from manual, paper processes at a fast pace. KPI dashboards, cloud services and artificial intelligence are effective digital solutions that automate business operations, allowing firms to enhance client service, boost collaboration and drive efficiency.
Digital Workplace SolutionsFor law firms, client confidentiality is imperative. With the amount of sensitive case data and client information that your firm holds, keeping data safe is a top priority. Information security infrastructure and incidence response will ensure you’re protected and prepared.
Learn MoreFrom forensic investigations to business disputes to matrimonial litigation, lawyers and CPAs are frequent partners in the courthouse. Your lawyers need a trusted forensic and valuation partner with the right accounting expertise to assist with an array of legal proceedings.
Forensic and Valuation Services
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