Law Practice Management: Managing Your Law Firm’s Finances Effectively

Law Firm Financial Management with national speaker Joseph Novello

Why Attend?

• Gain an understanding on how to set billing rates so that client relationships improve.
• Discover ways to improve cash flow and collections in order to synergize client relations.
• Recognize financial fraud warning signs and how you can prevent it at your firm.
• Receive guidance on how your CPA can help you achieve your goals to improve control and efficiency to enable you to be a more effective attorney.
• Learn how to use your income statement as an important management tool rather than just a bookkeeping exercise.
• Easily monitor financial performance so that you can quickly find and correct problems.

Join national speaker Joseph Novello in this seminar designed for attorneys who want to learn how to set up more efficient systems for their firm’s finances, so they have more time to better serve their clients. The goal of this seminar is to give the practitioner insight into law firm financial management and provide simple, yet powerful tools. Case studies and examples are used throughout the seminar to provide easy-to-understand illustrations.

Some of the topics to be discussed include:

• Use of the firm’s income statement as an important financial tool in expense and revenue management rather than just a bookkeeping exercise
• Analysis of costs and minimizing risks
• Financial fraud warning signs and how to prevent it at your firm
• Ways to easily monitor financial performance so that you can quickly find and correct problems
• Guidance on how your CPA can help you achieve your goals
• The 4 steps in the financial planning process
• Cash flow vs. income
• Capital budgeting tools

Registration Deadlines:

Cancellation Policy: Cancellation/transfer requests will be honored until 5:00 p.m. the day preceding the seminar. You will, however, be charged $40 if you cancel or transfer your registration to a different seminar after the link to the materials has been e-mailed by Virginia CLE^®.

Full refunds or transfers are available up to two days after a webcast in the unlikely event that you experience technical difficulties.

Inclement Weather Policy and Updates

MCLE Credit Caveat: The MCLE Board measures credits by the time you spend in attendance. If you enter a seminar late or leave it early, or both, you must reflect those adjustments accurately in the credits you report on your credit reporting form. A code will be given at the end of the seminar, which must be written on your MCLE form.

MCLE rules require seminars be taken in an environment conducive to learning.

Private recording of this program is prohibited.

Can’t Attend?

E-mail distance_ed@vacle.org to be notified when/if this program is made available as an online or USB seminar.
E-mail publications@vacle.org to be notified when/if this program’s seminar materials are made available for sale.

Course Schedule

• Q&A will be handled via chat room for Webcast attendees.
• Q&A will be handled via e-mail for telephone seminar attendees.

About the Speaker

Joseph Novello, CPA, MBA, The Financial Training Organization / Metuchen, NJ

Joseph Novello began his accounting and management consulting career at Ernst & Young and obtained his Certified Public Accountant license in New York. He earned a bachelor’s degree from Brooklyn College and an MBA in finance from New York University. Mr. Novello maintains his CPA license and has years of experience working in American and International Fortune 500 companies. His positions have included controller, chief financial officer, director of planning and analysis, and director of sales operations.

Since founding the Financial Training Organization in 2010, Mr. Novello has presented his finance programs to thousands of lawyers at bar association and CLE provider presentations across the U.S.A. and Canada. His goal is to share an easy-to-understand approach that will make dealing with financial matters more manageable. He brings his real-world experience and candid opinions to his programs and is consistently rated as exceeding expectations.