Cash flow is a struggle for law firms, partly due to the partnership distribution model. The pandemic has certainly distributed regular business, making it essential for firm management to reevaluate their financial standing and focus on short-term survival without taking on major long-term debt and on repositioning for recovery and growth. Leasing and financing ease cash flow concerns. In this webinar, you’ll learn how lease and financing options help firms obtain necessary technology and manage unexpected costs of equipment, software and services, as well as several other cash-conserving benefits.

Objectives:

  • Discover how to convert a large cash outlay into a monthly expense that keeps within budget and provides a predictability.
  • Examine how to keep bank lines of credit open for short-term use.
  • Develop 100% software financing, including training, implementation and consultant fees.
  • Explain sales and leasebacks for equipment that is currently owned and how it could generate extra cash to offset unbudgeted expenses.
  • Discover how to cut long-term IT costs with asset management.

Other Information:

60 Minutes

Audience: Intermediate

CLM® Application Credit for Functional Specialists: 1 hour in the subject area of Operations Management (OM)  towards the additional hours required of some Functional Specialists to fulfill the CLM application.

CLM® Recertification Credit: 1 hour in the subject area of Operations Management  (OM)

CLE – Participatory Credit

Speaker:

Barry Steel is Senior Vice President of Sales at CoreTech Leasing. He has over 25 years of experience in the field. He was most recently President of Capital Fleet Solutions, which consulted with several commercial banks in the automotive dealer space and included a total portfolio of 500,000 vehicles. Before that, Steele was the Senior Vice President of Global and Strategic Accounts for Donlen Corporation, where he designed and executed strong strategic visions that resulted in the business being acquired by Hertz Corporation for a record valuation. He also served as Vice President of SalesForce Development for GE Capital Fleet Services for nearly a decade, where he developed programs to track sales, customer satisfaction and coordinated pricing across the business.

Live Webcast Information
Start Time:
August 19, 2020 3:00 PM Eastern
2:00 PM Central, 1:00 PM Mountain, 12:00 PM Pacific
Add to Calendar:
Estimated Length:
1 hour
Registration Time Remaining:
12 days, 6 hours
ALA Member Price:
$29.00
Non-Member Price:
$79.00
Stabilize Partner Contributions and Preserve Cash with Leasing
Individual topic purchase: Selected
Subscription
You must be logged in to access ALA Subscriptions.
To continue, you need to log in to Peach New Media. If you have any questions about your account please contact us at 1-866-702-3278.
Email Address:
Password:
Products
Webinar (Live) + On-Demand (Recording)
ALA Member Price:$29.00
Non-Member Price:$79.00
On-Demand (Recording)
ALA Member Price:$29.00
Non-Member Price:$79.00