Bryan Reilly , left, and Shawn Lehocky ,right, of Pond Lehocky Giordano. Courtesy photos The Four Core Pillars of Law Firm Year-End Financial Planning, Part I
Without financial planning and the ongoing monitoring of financial performance, firm leaders are gambling—blindly—that their firms will stay afloat in the coming year and beyond, no matter what their competitors, the economy, and society throw at them.
November 30, 2023 at 09:20 AM
9 minute read
For those law firm leaders who understand the value of running their firms like businesses, fiscal year-end financial planning is an exercise these business-savvy leaders have no choice but to engage in. Without financial planning and the ongoing monitoring of financial performance, firm leaders are gambling—blindly—that their firms will stay afloat in the coming year and beyond, no matter what their competitors, the economy, and society throw at them.
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