This event is for NJALA members and their guests only.

NJALA Monthly Meeting and Educational Session

"As Easy As 1,2,3—A Back to Basics for the Non-Financial Legal Professional"

Presented by Frederick J. Esposito, Jr., MBA, CLM

Numbers are scary—especially for the non-financial manager!  However, during challenging economic times when there is financial uncertainty at every organization level, it's a topic legal administrators must understand.  Attend this session to review fundamental accounting concepts and basic financial reports that will strengthen your knowledge in these areas to improve your firm's financial position. 

Key Outcomes & Takeaways

After the presentation, participants will:

• Identify key finance terminology and basic accounting principles;
• Read financial statements and determine how they relate to one another;
• Review chart of accounts, cash versus profit and break-even analysis;
• Explain financial forecasting.

Frederick J. Esposito, Jr., MBA, CLM, Chief Operating Officer of the regional law firm Rivkin Radler LLP, has more than 25 years of law and accounting firm experience and has been a Certified Legal Manager (CLM)^® since 2006.  Fred specializes in financial and organizational management and has managed and worked in a consulting capacity with several law firms, both international and domestic.

Fred brings considerable "real world" experience to his role as a speaker and educator.  Also, he is a senior member of the faculty and a consultant for the Legal Lean Sigma Institute LLC.  In May 2018, Fred earned a Yellow Belt Certification in Legal Lean Sigma^® and Project Management and is working toward his Green Belt Certification.

Fred is a thought leader, frequent speaker and author of articles on a wide range of topics and best practices.  He has been published on subjects such as billing and collections, profitability, attorney compensation systems, alternative fee arrangements, process improvement, project management and strategic planning by Thomson Reuters' Legal Executive Institute, Law Practice Magazine, Law Practice Today and Attorney at Work, among others.

Fred is a highly-rated, recurrent author and speaker for the ABA, ALA, BNA/Bloomberg, Lexis/Nexis and Thomson Reuters.  In the fall of 2016, he became a Faculty Advisor and Presenter for the Nassau County Bar Association Academy of Law and in June 2013, he was inducted into the National Speakers Association. 

In 2012, he received the Association of Legal Administrators' Outstanding Association Volunteer Award for his service as a leader and national speaker and was also named CFO of the Year by Long Island Business News.  Fred was the first CLM on Long Island and from May 2013 through May 2016, he served as the Chair of ALA's Certification Committee.