Financial Management

Remember that good management decisions cannot be made in the absence of good data.

This section includes information on the requirements for trust accounting and proper management of retainers. Information on financial planning, forecasting and budgeting, and other essential elements of the financially well-managed firm will be found as well. You will even find information on accounting department staffing, training and fraud prevention.

Of course, the most common topic explored is how to ensure the firm gets paid for its services. You will find a myriad of resources here on that topic, including use of credit cards, how to create a follow-up program and more.

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