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Accounting for Companies-I

Notes Brown, Meredith, ed. Mechanics of Global Equity Offerings: Structuring the Offering
and Negotiating the Underwriting Agreement. Cambridge, MA: Kluwer Law and
Taxation Publishers, 1995.
Goldblatt, Jennifer. “Market Ho-Hum about New Revenue Limit on Securities
Underwriting.”American Banker, 26 December 1996, 20

Johnson, Hazel J. The Banker’s Guide to Investment Banking: Securities and
Underwriting Activities in Commercial Banking. New York: McGraw-Hill Professional
Book Group, 1996
Lipman, Frederick D. Going Public: Everything You Need to Know to Successfully
Turn a Private Enterprise into a Publicly Traded Company. Upland, PA: DIANE
Publishing, 1998
Shillinglaw, Gordon. Accounting: A Management Approach. 9th ed. New York:
McGraw-Hill Higher Education, 1992

Online links http://220.227.161.86/19685ipcc_acc_vol2_chapter3.pdf
http://220.227.161.86/19668ipcc_acc_vol1_chapter-3.pdf

http://www.investopedia.com/terms/c/capitalreserve.asp#ixzz1xlZehyWb

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Case Study Law Firm Profit and Growth Strategy Facilitated by
Law Business Management System™ (LBMS™)

Situation: Law firm had objective of increased revenue and profitability. The key strategy
was diversification, both geographically and into new practice areas. The approach
involved utilization of mergers & acquisitions that enabled this diversification.

Critical Issues: The firm’s strategy involved strategic placement of additional offices
dispersed throughout the United States on an accelerated timeframe. To achieve full and
fast recognition of increased revenues that translated to bottom-line profit, the firm had to
ensure the following issues were addressed:

 Acquired firms’ book of business had to be quickly integrated into the firm’s total
book of business. This meant clearing all lateral hire conflicts quickly and pulling
all client and matter information into the firm’s centralized accounting system.

 New offices had to be quickly assimilated into adherence into the firm’s policies and
procedures to ensure effective loss prevention, thereby ensuring profits were
protected.
 The firm wanted to grow its legal services delivery base without an increase in
staffing for new business intake, conflicts or billing, this way driving profitability
up significantly as revenue increased, but administrative overhead expense stayed
steady.

 Real-time analysis of effectiveness of mergers and acquisitions on overall practice
and geographic diversification required technology capable of supplying analytics
and sophisticated reporting.
Contd...

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