6 Questions to Get the Most From Your Finance and Accounting Department

Six questions that managing partners, executive committees and the like should ask themselves to ensure they can get the most from their team to help successfully run the business.

Strategic Guidance for Managing Partners: A Framework for Finance and Accounting Department Oversight

While usually not financial experts, Managing Partners of small and mid-sized law firms still need to be able to set expectations of their finance and accounting team.

Improve Processes Using the Deming Loop

I’ve never been in an accounting department that didn’t need some type of improvement. It’s just evolution, even well run processes need tweaks over time.

Improve Processes Using OPI

It may feel a little unnatural but understanding and visualizing your desired results will allow you to design your procedures to ensure you get clear measurable information out of your processes.  This is key to constant improvement.

What is quality information?

Quality information is the foundation of any good decision making. When running a law firm, the quality of the information you use can significantly impact your client relationships, and sometimes even your ability to practice.