Program Details
On Demand

Forecasting the Realistic Budget (FM)



Content Partner:  Association of Legal Administrators (ALA)
Price: $195.00*
Member Price:  $195.00

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Description: Budgeting can be a challenge in good times, let alone when economic times create new obstacles. But imagine how a well thought-out process and a well-constructed budget can help set the tone for a roadmap to the future. Learn methods to achieve a balanced approach to revenue assessment, expense management, cash flow and modeling budget assumptions. An Excel® template will be used to show how modeling different "what if" scenarios can help create a workable and realistic budget.

Learning Objectives:
  • Discuss the budget planning cycle and methods to incorporate firm or departmental objectives into the budget
  • Define types of budgets and uses for each
  • Identify methods to develop the revenue and expense components of a budget
  • Demonstrate the value "what if" scenarios play in the development and analysis of the budget  
Richard J. Nigon, CLM, is the CFO of Robins, Kaplan, Miller & Ciresi L.L.P. in Minneapolis. He has more than 25 years of law firm finance experience and is a frequent presenter at ALA conferences and chapter meetings. A former ALA President, Nigon is the 2009 recipient of the prestigious “The Spirit of ALA” award. Nigon was admitted in 2012 as a Fellow in the College of Law Practice Management.

**This program is not available for CLE credit.**

This program is eligible for CLM Recertification credit. For additional information, including categorization, contact: certification@alanet.org.


Practice Areas: Accounting & Business of Law, Business, Finance, and Accounting, Law Practice Management
Online Media Type: Video
Production Date: 09/18/2013
Level: Intermediate
Category: Standard
Duration: 1 Hours, 1 Minutes
Online Format: On Demand

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Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.

If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance.  Credit totals for other formats are for complete programs.  Partial credit is not available for any online or downloadable format. 

 

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This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing sales@westlegaledcenter.com.







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Accreditation:
CLM
ALA Certified Legal Manager
Total Credits: 1
Specialty Credits: 
Status: Accredited
Expiration: N/A
Training Type: N/A

West LegalEdcenter provides accreditation as described here. You may be able to self apply for credits in states not listed.

Check your state requirements and get contact information.
Speakers:
Richard J. Nigon, CLM - CFO, Robins, Kaplan, Miller & Ciresi LLP; Minneapolis, MN
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.


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