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Wyoming State Bar > Event
Law Firm Financial Management
November 22, 2022
Virtual
Programs
Law Firm Financial Management
November 22, 2022 12:00 PM-2:00 PM
This seminar is designed for the solo/small law firm. The goal is to give the law firm insight into its financial management and provide simple, yet powerful tools to obtain that goal. Case studies and examples are used throughout the seminar to provide easy to understand illustrations. Topics will include:
• How to use your firm’s income statement as an important financial tool
• The 4 steps in the financial planning process
• Revenue planning and setting billing rates
• Analysis of costs and how to minimize risks
• Cash flow vs income
• Capital budgeting tools
• Important metrics to monitor financial performance
• The operating cycle and how to monitor and improve cash flow
Speakers
Joseph Novello
Joseph Novello, CPA, MBA began his career in accounting and management consulting at Ernst & Young in New York City. He obtained his CPA license in New York and his MBA in Finance from New York University. Joe’s vast experience was gained with several domestic and international Fortune 500 companies as Controller, CFO and in other planning and analysis positions. Since founding the Financial Training Organization in 2010, Joe has presented his finance programs to thousands of lawyers at bar associations and CLE providers 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.