Taking a glance at the Dashboard


When you take your car to the shop, the mechanic can give you a detailed picture of performance under the hood by hooking up engine analyzers, lab scopes, compression gauges, onboard computers, and a host of other equipment. When you're driving, though, all you want to do is glance at the dashboard and see how fast you're going, whether the engine's running hot or cold, and how much gas you have left.

In a podcast that can be accessed on our web site, www.lawbiz.com, Bruce Callow, a C.P.A. and partner in the Seattle, WA accounting firm of Clothier & Head, showed how the "dashboard" concept can be applied to law firm financials. His comments identify the new "digital dashboard" concept of having important financial metrics for a law firm displayed in an easy to understand visual format. Bruce discussed the most meaningful law firm financial measurements and how to show them graphically to law firm management.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ed Poll, LawBiz | Attorney Advertising

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