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Creating a Financial Plan: Metrics for Success (Audio-Only Program)



Content Partner:  LawBiz® Management
Price: $60.00*
This program is no longer available.

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Description:

Unless there is a specific goal, one usually expressed in a number, there can be no goal. It’s been said that unless something can be measured, it has no value. Yet, when talking about creating a financial plan or a budget or, sometimes, even a strategic plan, there frequently comes a glaze over lawyers’ eyes. “That’s something for someone else to do, not me.” Yet, it’s this financial component that let’s us know whether we’re successful. How else could we tell? By the amount of money in our bank account? Yes, but how do we know whether that amount shouldn’t or couldn’t have been more? What is our benchmark? What let’s us know how we are performing financially against our previous years, our compatriots in the legal community and, yes, against our own plan/thoughts of what we wanted to achieve in this period?

This session will describe some of the more commonly accepted benchmarks that are used to measure performance.

• Important metrics

• How to create a financial plan, easily

• When to monitor one’s progress

• How to modify the plan when new information becomes apparent



Practice Areas: Accounting & Business of Law, Business of Law
Online Media Type: Audio
Production Date: 05/09/2007 2:00 PM EDT
Level: Basic
Category: Standard
Duration: 1 Hours, 0 Minutes
Online Format: Live
Course Type: Public

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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. 

 

West LegalEdcenter will not provide accreditation for states not listed. 



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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 west.wlec-sales@thomson.com.







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Credit Eligibility:
Click on the jurisdiction to view credit eligibility details for this program

AZ, CA, CO, MT, ND, NY-EXPER, OK, WV
Arizona
Total Credits: 1
Specialty Credits: 
Status: Accredited
Expiration: N/A
Training Type: Interactive Computer-Based

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

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Speakers:
Edward Poll, JD, MBA, CMC - Coach, Consultant, Author & Speaker; Los Angeles, CA
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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