For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390.

To buy more copies, call 866-531-1492 or email subscribe@dailyjournal.com
This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Perspective

May 6, 2011

Modified Cash Basis Accounting: Super Fuel for the Law Firm Drag Race

Ever wonder how and why law firms "crash on the roadside," leaving unsuspecting partners and employees to suffer the consequences? By Edwin B. Reeser and James B. Hunt


FIRST IN A FOUR-PART SERIES


By Edwin B. Reeser and James B. Hunt


Have you noticed the recurring news of major, respected law firms having difficulties with their bankers, with an announcement days later that management has recommended firm dissolution? Wondering how this happens without clues that the end was near for each firm, catching great numbers of partners by surprise?


This series is a discussion of the "hows" and "whys&qu...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up



By using our website, you agree to our use of cookies in accordance with our cookie policy. You can learn more about how we use cookies by reviewing our Privacy Policy here.