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There
is a financial side to almost every type of law practice. These continuing legal education seminars arm lawyers with
the financial literacy that empowers them to protect themselves and their clients by understanding financial statements, accounting concepts
and terminology. Twenty-two bar associations, as well as law firms and corporate legal departments have sponsored
these programs.
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Communicate effectively with accounting and business people.
Know what to ask for when presented with written or verbal financial information. Quickly recognize how
much reliance you should place on a financial statement. Learn to formulate effective inquiries during the discovery
process. You will be able to apply basic analytical techniques to reveal strengths and weaknesses
of a company or professional firm. Understand the limitations of financial statements. Recognize accounting
techniques that arguably are within the rules but are designed to mislead you.
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