LOS ANGELES – August 20, 2013 – Legal support services consulting firm Mattern & Associates, LLC (matternassoc.com) announces the firm’s President, Rob Mattern, has been selected as a featured speaker at the ALA Financial Management Conference in Los Angeles this August 22-24. Rob will be presenting, “What is your Firm Leaving on the Table? Cost Recovery Done Right or Not at All,” Friday, August 23rd at 10:30am.
With a flat revenue projection and expenses as a percentage of revenue on the rise, many firms will have no choice but to further reduce their expenses. Incorporating cost recovery strategies into law firms’ outsourcing, equipment and support services decision making is one of the many effective expense reducing strategies of which the consultants at Mattern & Associates are experts.
The traditional model of cost recovery is the method that approximately 99% of firms still employ where firms capture on-site costs through a cost recovery system with a pre-set charge for copies, facsimiles, etc. However, according to the results of the Mattern & Associates 2012 Survey, only a few firms do this well.
In his featured educational session, Rob Mattern details how to implement a successful, long term cost recovery program by profiling top AmLaw firms’ best practices within the traditional cost recovery framework as well as other trends revealed in the 2012 Mattern & Associates Cost Recovery Survey such as successful alternative methodologies implemented at other firms—and the methodology for the highest, overall net billable realization.
Chief Financial Officer of Barack Ferrazzano Kirschbaum & Nagelberg LLP and event organizer, Alan Goldman, remarks, “Rob has been a speaker at several ALA conferences in the past few years and we are thrilled to have him presenting at this year Financial Management Conference. The conference offers a wide-range of educational opportunities for both the seasoned administrator and the administrator who is new to the legal industry. Attendees can select from sessions focused on finance related topics and trends specifically for the law firm environment”.
Rob Mattern adds, “We’re honored to have been selected as one of the educational leaders for the ALA Financial Management event. There’s no question that law firms can no longer afford not to aggressively explore all expense reduction strategies, and we’ll look forward to providing concrete strategies on how to do so.”
To learn more, including registration, time and location details about the ALA Financial Management Conference, click here.
About Mattern & Associates
Mattern & Associates assists law firms in developing an unbiased strategic direction for their business processes while improving both the cost-effectiveness and the recovery of expenses for these services. For more information on Mattern & Associates, visit matternassoc.com, check out their blog, www.matternoffact.com, or follow them on Twitter @MatternOfFact. The company is based in Glen Mills, Pennsylvania.