Sentences with phrase «profitability by matter»

Across matters, firm management must consider profitability by matter, practice, client, and partner.

The software can compute profitability by matter, by practice group, by office and even by lawyer.

A convenient starting point can be to calculate profitability by matter.

Profitability by lawyer and office is calculated similarly to profitability by matter: revenues and expenses are allocated to offices and lawyers.

Other expenses would be allocated to lawyers or offices using the overhead allocation method discussed above for calculating profitability by matter, such as on the basis of relative direct margin.

Once profitability by matter can be calculated, profitability for many other sub-units — such as by client, practice area, type of work, type of fee arrangement, billing partner and supervising partner — can be calculated simply by aggregating profits for the matters comprising the relevant sub-unit.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Its mission is to foster growth and profitability of corrugated in applications where it can be demonstrated, based on credible and persuasive evidence, that corrugated should be the packaging material of choice; and to provide a coordinated industry focus that effectively acts on industry matters that can not be accomplished by individual members.

I firmly believe that the reports should focus all Partners on client and matter level profitability, which is something that each person can control and directly influence with the shared goal of improving something universally... for example, the profitability of each matter by 2 %.

In order to properly analyze the profitability of business being generated and administrated by a partner, it is necessary to factor in salaries, overhead and additional costs per attorney, as well as administrative costs for marketing in other related matters into the practice to determine whether it is truly profitable.

Does commercial information held by a contractor regarding financial and management matters (such as business strategy, profitability, cash flow, personnel issues, etc), and which is concerned with the relevant activities, relate to those activities?

Part 2 discusses allocating general expenses to matters and issues arising in calculating profitability by other sub-units, such as by client, practice area, office and lawyer.

While profitability is most commonly thought of by the firm's partners as profitability of the firm as a whole, it can also be computed at the matter level.

If billing partner status does not correlate with rainmaking, and there isn't other hard data that tracks rainmaking to specific matters, then profitability by billing partner should not be used.

Profitability also takes into account expenses attributable to the matter, driven principally by the lawyer resources used, and can therefore be used to compare matters with differing associate leverage.

Law firm leaders can perhaps convince their colleagues to care about profitability of clients, matters, practice areas, etc. by pointing out that profits per partner is merely the aggregation of all the profits on all the clients (or matters, etc.), divided by the number of partners.

This Part 2 discusses allocating general expenses to matters and issues arising in calculating profitability by other sub-units, such as by client, practice area, office and lawyer.

By implementing ROSS and sparing its lawyers the onus of research, a law firm should be able to handle more matters in the same amount of time, increasing the lawyers» productivity and the firm's profitability.

I think an individual firm can use technology to help them go after the better - performing markets and by understanding their firm's expertise and historical matter performance can create pricing alternatives that drive firm profitability.»

Reports By Matter Owner / Category — Multi-attorney firms need to be able to study the profitability of each lawyer, but even solo firms may practice multiple areas of law.

This division of work by resources is also an integral part of managing the profitability of the matter.

By practicing law «better, faster and cheaper» clients can grow comfortable with legal matter price certainty and lawyers can enjoy greater profitability through efficiency, rather than waste.

Notably, what doesn't actually matter for profitability in the short term, is how many other miners (by hash power) are mining on a particular chain.