Change or be Eliminated: Why every administrator should become a CFO

By Uri Gutfreund, RPLU Law Firm Insurance Guru

Founder, The Managing Partner Forum™

Today’s Legal Climate

• Demand for Legal Services Flat• Rate Pressure• Collections • Talent War• Succession Holes• Hyper Competition

Your Responsibilities

• Accounting / Bookkeeping (AR AP)• Staffing• Human Resources• Insurance• Supplies• Transportation• Telephones• Data• Computers• Facilities• Technology• Mobile

What Managing Partners USEDto think about

• Keeping the lights on• Mail moving along• Checks deposited• Technology• Employees PTO• Payroll• Insurance• Supplies

Your Responsibilities

• Accounting / Bookkeeping (AR AP)• Staffing• Human Resources• Insurance• Supplies• Transportation• Telephones• Data• Computers• Facilities• Technology• Mobile

What Managing Partners CURRENTLY think about

• Profitability• Leadership• Revenue Growth• Institutionalize clientele• Lateral Hires• Reputation• Marketing

CFO Prism

• Proactive vs. Reactive

• Best Practices Leadership

• Profitability

• C Suite Strategic Thinker

Your Work in Action

Administrator• Buys products• Runs reports• Meets with Vendors\ Shops for prices• Human Resources

Paperwork• Events Organizer

Law Firm CFO• Chooses Products• Design and Create• Evaluate partners

who provide value• Strategize on

Benefits• Event Initiator

It’s Up to You

Your opinion matters!

Please take a moment now to evaluate this

session.

Thank You!