MHC Sponsored Webinar

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MHC Sponsored Webinar

June 18, 2014
1:00 PM MDT - 2:00 PM MDT
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Welborn, Sullivan Meck & Tooley, P.C.
1125 17th Street, Suite 2200
Denver, CO 80202
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Today's Webinar is: The Paradox of Profits & Using Metrics that Matter - Pete Peterson

Is the law firm across the street (where a partner’s spouse works) more profitable than yours? What is an acceptable profit margin and how does leverage impact profit margins? Some law firms struggle with identifying what to measure, and how metrics and analytics can support business strategies. Be sure to join this webinar that will assist you in knowing how to identify metrics that provide insight on how your firm is performing.

Objectives:

•Identify the differences between corporate and partnership profits

•Determine the pitfalls to avoid comparing profits and benchmarks

•Explain how your firm differs from other firms with respect to profitability

•Determine what metrics are more important, what to analyze, benchmark, and use for planning purposes

•Using metrics to improve financial performance

CLM Credits: (Note that only the CLM credit available for this webinar is stated below. If a credit is not stated, it is not available for this program.)

CLMSM Recertification Credit: 1 hour in the subject area of Financial Management (FM)

CLMSM App Credit for Functional Specialists (who are not Finance Specialists): 1 hour in the subject area of Financial Management (FM) towards the additional hours required of Functional Specialists to fulfill the CLM application.

Stephen M. (Pete) Peterson is the CEO of the advisory firm Maxfield Peterson and is the Managing Director of the Firm’s specialty practice, the Law Firm Business Institute. Prior to this, he was the COO for Hildebrandt International, the CFO and Director of Administration for an international law firm and the CFO for a regional law firm. He counsels firms on strategy, mergers & acquisitions, compensation, governance, and profitability. Peterson is also an adjunct

professor in the Master of Science in Legal Administration program at the University of Denver’s Sturm College of Law and a Fellow in the College of Law Practice Management since 2008.

WEBINAR INFORMATION

The Mile High Chapter has purchased all of the National Association webinars. They will be available for viewing on the scheduled date and time. There is no cost for members to attend. You should bring your own lunch. If we do not have 6 members registered, we reserve the right to cancel the webinar. Webinars will be held at two locations. Thanks to Stacie Hedrick and Linda Gross for hosting them for us.

Office of Stacie Hedrick, Legal Administrator

Welborn Sullivan Meck & Tooley, P.C.

1125 17th Street, Suite 2200, Denver, CO 80202

EMAIL: [email protected]

MAIN: 303-830-2500

Office of Linda M. Gross, Firm Administrator

Fleishman & Shapiro P.C.

2000 S. Colorado Blvd Tower One, Suite 9000, Denver, CO 80222

EMAIL: [email protected]

MAIN: 303- 861-1000

Tickets

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