Webinars

  July 23, 2009 at 02:00PM ET

Most managing partners are well versed in the financial aspects of running a profitable law firm.

But all managing partners—and their firms—are at a distinct disadvantage if the lawyers they lead are not given a basic understanding of what makes and keeps their firms profitable; up to and including how their contributions, or lack thereof, impact the bottom line.

Informing all lawyers on these topics is important, in good times or bad. However, in today’s shaky economy, where firms of all sizes are struggling, it is imperative to promote a strong positive culture in which each lawyer—from the most senior partner to the newest associate—is conversant with the factors affecting the firm’s success and is provided with the best possible environment in which to make a significant contribution.

This timely IOMA webinar is designed to help you do just that.

Join us on July 23rd at 2PM ET, and in just 90 minutes participants will gain comprehensive understanding of:

• What aspects of the firm’s financial model do all lawyers need to understand in order to make a more effective contribution to the success of the firm?
• What should associates be taught about the business of law?
• How should firms approach associate training and career development?
• What are the elements of succession planning and when should they be employed?
• How does a firm improve its culture and provide everyone with a strong positive environment in which to succeed, free of internal strife and unnecessary stress?
• How does a firm create synergies which allow the firm to become greater than the sum of its individual parts?

Plus, get answers to all of your toughest questions in the LIVE Q&A following the discussion. Your single paid registration entitles you to as many participants as you wish in a conference room setting.

Moderator:

Arthur Greene
Principal, Boyer Greene, LLC

Arthur Greene is a former managing partner of a large New Hampshire law firm as well as the founder of a small law firm practice. A past Chair of the ABA Section of Law Practice Management, Greene is also an adjunct professor of Law Office Management at the Franklin Pierce Law Center. A Fellow of the College of Law Practice Management, Greene is the author of seven books on various aspects of law firm management and the financial and profitability aspects of law firm governance. A principal with Boyer Greene LLC, he consults with law firms on profitability analysis, paralegal utilization, strategic planning, partner compensation and laternative billing. His most recent book is The Lawyer's Guide to Governing Your Firm (ABA Books, 2009). In recent years, his consulting practice has included profitability studies, revenue enhancement, firm audits, strategic planning, governance, succession planning, compensation plans, alternative billing methods, and other aspects of maintaining a healthy firm.

Featured Speakers:

Bruce Elvin
Associate Dean and Director, Duke University, Career & Professional Development Center

Bruce Elvin currently serves as Treasurer of the National Association for Legal Professionals (NALP) and co-teaches courses at Duke Law School on "Business and Economics of Law Firm Practice" and "Fundamentals of Leadership & Professionalism". He brings to his work a background as a specialist in tax law (LLM, NYU and Magister, Ludwig-Maximilians Universitaet, Germany),an entrepreneur and a business lawyer. He has practiced law with Baker & McKenzie and White & Case and served as a recruiter for large law firms and corporations with Hendrick & Struggles in New York City. The author of several articles on tax law issues, he has also suthored "Law Firm Economics 101" in the NALP Bulletin.

Diane Downs
Global Manager, Attorney Development, Paul Hastings, Janofsky & Walker LLP

Diane Downs is counselor to the 800 associates at Paul Hastings, where she coaches them on career management issue and strategy, including business education. She also manages the professional development curriculum and development of the firm's training program. Before joining Paul Hastings, she was Assistant Dean at the University of Chicago Law School's Office of Career Services and Associate Dean for Career Planning and Placement at the University of Pennsylvania School of Law. She is a graduate of Harvard Law School

Richard Turnbow
Certified Public Accountant (CPA), Richard Turnbow, Inc.

Richard Turnbow is a Certified Public Accountant and the author of numerous articles on legal industry finances. His is the author of the book Successful law Firm Financial Management and of a CD entitled Law Firm Profitability Enhancement (ALA). A former member of the Board of Directors of the Association of Legal Administrators, he has served nine different law firms from coast-to-coast as Executive Director and taught over 3,500 law firm and accounting professionals. Turnbow is a Fellow of the College of Law Practice Management.